Presentation: Managing Financial Transactions

Our tour of the country is off to a tremendous start with the San Francisco and Los Angeles Unintentional Entrepreneur meetups behind us.

Kevin Reeth, kicked us off with an overview of the financial fundamentals of being self employed.

"As a Business Owner you must… Generate your own income, fund your expenses, contribute to Social Security and Medicare, track and report income and expenses, pay income taxes on your profit, pay taxes at least 4 times per year, and track and report any payments to contractors."

Seems like enough to stop you before you get started but, in the same spirit as Outright.com, let's focus on only what you need to do; I'm sure you'll agree that getting started is simple.

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