Category Archives: Business/Growth

I’m a social media influencer. What can I write off as an expense to my business?

  As a content creator or social media influencer, you’re living in the wild west when it comes to tax deductions. It’s more important for you than the typical business owner to be specific and have reasoning behind your write-offs. There is no one comprehensive list of all possible deductions—it’s a conceptual framework. But when […]

Does becoming an S Corp make sense for my business?

s corp

Somewhere along your entrepreneurial journey you may have asked yourself the question: does becoming an S Corp make sense for my creative business? Oftentimes, electing to become an S Corp is sold as a clever way to save on taxes and who doesn’t want to save on taxes? This aspect alone can make being an […]

How do I plan for taxes as a content creator or influencer?

influencer tax planning

You probably thought the most difficult part of becoming a content creator was going to be generating enough quality content to keep your audience engaged and growing.  Then you thought about taxes. There’s so little information out there about how to plan for the taxes that go along with being a content creator or influencer–and […]

What’s the next step when likes and engagement starts turning into significant brand deals?

influencer

As an online creative, you’re no stranger to seeing rapid growth. When it comes to gaining likes and followers your content is making waves, bringing in over $500k a year. It’s turning into a serious, viable business with brands knocking at your door offering five figures for a single brand partnership deal. This sudden growth […]

Xero: Accounting software for your creative business

Xerocon

At the very core of a financially healthy business is excellent bookkeeping. What doesn’t get tracked can’t be improved or properly reported (during tax time for example). That’s why, as a creative entrepreneur, it’s extremely important to build a solid financial foundation right from the start.  Thanks to technology, there’s many ways to handle your […]

A personal note on Mental Health from Martin

mental health

Sleepless nights. Worries about bills that might not have gotten paid. Excitement about a future vision of your company that’s 10X bigger than you are today. The debilitating feeling that you can’t do any of it. As the owner of Revel, I sail the ocean of entrepreneurship every day. Some days are clear and calm […]

The scariest thing about your business

business fears

Friday the 13th. Children. Your growing business. What do they all have in common? They can be so scary! If you’re a parent, you’re probably familiar with the feeling of being afraid as your children grow up. The older they get, the less control you have on their safety and decision-making — it’s hard but […]

Why a mid-year tax check in is a ‘must have’ for your business.

Basing your tax return on government estimates can cost you in more ways than one Being a business owner is an incredible achievement. Whether you’re a freelancer,  self-employed or have a team of employees—serious kudos for making your skills pay. We’re willing to bet that if you’ve made a business out of it, then you […]

How do I build a healthy business model for my creative business?

Heads up: Your business model doesn’t need to be a one hundred page document you generated out of an online template. It doesn’t need to break down how you’ll capture 1% of a billion dollar market or identify your nine different revenue streams.  A successful, healthy, and profitable business model is a lot more straightforward […]