Balancing Business and Life for Self-Employed Professionals

The Challenges. The Opportunities. The Focus.

Self-employed individuals with small teams often juggle multiple roles, making it challenging to balance business demands with personal life. Ensuring tax efficiency, planning for retirement, and maintaining compliance while managing family goals can be overwhelming. Our company specializes in providing self-employed professionals with the comprehensive support and strategic planning needed to achieve both business success and personal well-being.

We offer tailored financial planning, tax optimization strategies, retirement planning, and holistic life planning to help you navigate the complexities of self-employment. By addressing your unique needs, we help you make informed decisions that benefit both your business and personal life.

Achieve Work-Life Balance Today

Are you ready to take control of your business and personal life? Our expert team is here to guide you through every step of the process.

Contact us today to schedule a consultation and learn how we can help you balance your business demands with your personal goals.

Case Study: Balancing Business and Life

The Journey of Self-Employed Professional Lisa Thompson

Background

Lisa Thompson, a 40-year-old graphic designer, had been successfully self-employed for several years. With two part-time employees and a small family, Lisa faced several challenges in balancing her business and personal life while ensuring financial stability and planning for the future.

The Challenges

Balancing Business and Personal Life: Lisa felt overwhelmed by the demands of running her business and managing her personal life, seeking strategies to achieve a better work-life balance.
Maximizing Tax Efficiency: As a self-employed individual, Lisa needed to optimize her tax strategies to reduce her tax burden and increase her savings.
Retirement Planning: Lisa wanted to ensure she was on track for retirement, needing a comprehensive plan to save and invest for the future.
Tax Compliance: Staying compliant with tax regulations was a significant concern for Lisa, as she wanted to avoid any potential penalties and ensure smooth financial operations.
Planning for Family Goals: With a small family, Lisa needed to plan for other financial goals beyond retirement, such as saving for her children’s education and family vacations.

How We Helped

Our company provided Lisa with a comprehensive support package tailored to her needs:

Work-Life Balance Strategies: We helped Lisa implement effective time management and delegation strategies, allowing her to focus on both her business and personal life. This included setting boundaries, prioritizing tasks, and leveraging her employees’ strengths.
Tax Optimization: Our team provided Lisa with tax optimization strategies, including deductions, credits, and retirement account contributions that reduced her taxable income. We also helped her plan for quarterly tax payments to avoid any surprises.
Retirement Planning: We assisted Lisa in setting up a retirement plan suitable for self-employed individuals, such as a SEP IRA or solo 401(k). We developed a savings strategy that balanced her current financial needs with her long-term retirement goals.
Tax Compliance Assistance: We ensured Lisa’s business remained tax compliant by helping her maintain accurate records, file necessary forms on time, and stay updated on any changes in tax laws that could affect her business.
Comprehensive Financial Planning: Our team worked with Lisa to create a holistic financial plan that included saving for her children’s education, planning for family vacations, and building an emergency fund. This plan provided a clear roadmap for achieving her family goals alongside her business objectives.

Results

With our guidance, Lisa achieved a better work-life balance, reducing stress and increasing productivity. Her optimized tax strategies resulted in significant savings, which she could reinvest in her business and personal goals. Lisa felt confident about her retirement plan and remained compliant with tax regulations, avoiding any penalties. The comprehensive financial plan ensured she could provide for her family’s needs while continuing to grow her business.

Our Fees

Onboarding: $1200

4 Meetings:

#1: Business Discovery + Quickbooks Set Up

#2: Entrepreneur Wealth Plan & Tax Plan Discovery

#3: Entrepreneur Wealth Plan & Tax Plan Presentation

#4: Wrap Up

Monthly Fees: $375/m

Recurring Services:

Level 1 Bookkeeping

Level 1 Payroll

Level 1 Tax Strategy Implementation

Profit-First Account Transfers

Quarterly Performance Recap

Quarterly Tax Compliance Checks

Level 1 Business & Personal Tax Preparation

Optimize Your Financial Future

Don’t let the complexities of self-employment hinder your progress. With our tailored services, you can optimize your financial future and achieve your goals with confidence.

Reach out to us today and take the first step towards a balanced and prosperous future.