Overcoming Narcissism With Olivia

E12: The Unsexy Side of Business that No One Talks About, but you Need to Know

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Synopsis

What do I need to do from a tax perspective? How do I know if or when my business is legitimate? What taxes are deductible for my online business? What softwares can I use to keep track of my income and expenses? Do I need to register my business with the tax authority? While it's not sexy, these are things you NEED to know for your business, and knowing them can save you a lot of money, time and stress! In this episode of "Slaying Your Side Hustle", my client Susana Targett, who has 16 years of experience in the bookkeeping and accounting industry, breaks down everything we need to know so we can slay our side hustle finances! *Note, this general advice based around Australia taxes and legals BUT (don't leave just yet....) listeners and other countries can still BENEFIT by knowing what to look into within their own countries! We cover: How to set up your business as an entity in Australia (and a HUGE money saver you need to know!) How to know if your business is a hobby or a legitimate business. What expen