Am I Required to Collect Sales Tax?
Sales tax rules vary widely depending on what you sell and where you sell it. Learn when chiropractors, yoga studios, therapists, and holistic health professionals must collect sales tax on services, merchandise, and online courses — and how to stay compliant whether you operate in person or online.
Do I Need a Line of Credit?
Wondering if your business should open a line of credit? It depends on your habits, cash flow, and financial goals. Learn when a line of credit makes sense, what to consider before applying, and how to use it wisely to support seasonal shifts or short-term needs without creating long-term debt.
Your P&L Does Not Equal Your Cash Flow
Your P&L shows income and expenses, but not where your cash really went. Equipment purchases, loan payments, and owner distributions all affect cash flow — and they don’t appear on your profit and loss statement. Learn how to read your financials with confidence by understanding the relationship between your P&L, balance sheet, and cash flow.
Why You Should Not Be Paying People Under the Table
Paying someone “under the table” might seem easy, but it can lead to IRS audits, payroll tax penalties, and costly compliance issues. This article breaks down why it’s important to properly classify workers, collect Form W-9s, issue 1099s, and process payroll correctly — so you can protect your business and keep your finances clean and compliant.
What Type of Business Do You Want to Create?
Before you focus on profits or growth, ask yourself: what type of business do you really want to create? Learn how clarifying your goals — from lifestyle freedom to scalable growth — can shape the financial strategy and structure of your wellness business.
Cash Flow in a Higher-Interest-Rate World
Running a wellness business in a high-interest-rate world means every dollar counts. Learn simple, stress-free ways to manage your cash flow, build reserves, and stay financially balanced — without relying on loans or credit.
Can You Deduct Self-Employed Health Insurance?
Health insurance is one of the biggest expenses for small business owners — but did you know you may be able to deduct it on your taxes? This guide breaks down the rules for sole proprietors and S corps, plus what happens if your spouse has coverage through their employer. Learn how to claim the self-employed health insurance deduction the right way and save money come tax time.
Small Business Retirement Plans for 2025: What You Need to Know
Planning for retirement as a small business owner doesn’t have to be overwhelming. In this guide, we break down the 2025 small business retirement plan options—from SEP and SIMPLE IRAs to Solo 401(k)s and Cash Balance Plans. Whether you’re a solopreneur, run a wellness studio, or manage a growing team, you’ll learn which plan is the best fit for your business, how much you can contribute in 2025, and how to maximize tax savings.