• Jessie Ryan

Do you have what it takes Pt. 2

The thought of starting a new business is very exciting, but you’ll start to wonder how you’ll make everything happen. “Do you have what it takes?” is a mini series to help you get through this stage of business swiftly and tactically.In this episode, I’ll help you navigate through the stress by giving you a few tips from careful research on managing money.

1. To figure out where the money will come from:

· Think if you’ll be able to make enough savings yourself (Suggested!)

· Go to somebody you know personally and ask for some money.

· Get a loan: Check out https://www.sba.gov/ or https://squareup.com/us/en/capital

2. File a DBA at the town hall

· This is to prove you’re a legitimate business person.

· Open a business checking account and a tax savings account

3. To find the right structure or “legal entity” of your business:

- https://www.incfile.com/business-entity-quiz/ Visit your attorney or lawyer

· This depends a lot on how you use your new venture or what you do with it

Here are the ladies who’ve helped me manage my finances:

1. https://www.instagram.com/the_money_honey_/

2. https://www.instagram.com/deeper.than.money/

A book that helped me a lot:

1. You Are a Badass at Making Money: Master the Mindset of Wealth by Jen Sincero

Connect with me:

1. E-mail: jessie@thedittopodcast.com

2. Instagram: @thedittopodcast

Keep an eye out for a few more tips in the upcoming episodes of this mini series! (It's taking a while because I'm doing some more research!)

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