When you left your 9-5 job to start your own business, you probably said goodbye to your health coverage, retirement account, life insurance policy, and paid vacations. But, what if I told you that doesn’t have to be the case? With some careful financial planning, you can still have the benefits package you deserve!

7 Steps to Creating Your Own Benefits Package

Get Your Finances in Order

First things first! Make sure your personal finances and your business finances are in good order. You should have a strict budget in place for both your business and your personal expenses, as well as an emergency fund for each. And, what about your taxes? Planning for tax time should be a year-round priority. Bring in a professional outsourced accounting service like TempCFO services to help you plan for tax time so you’re not blindsided with a huge tax bill at the end of the year. Continue reading →