4 Mistakes Fitness Influencers Make With Their Business
The fitness influencer market has grown on Instagram to unimaginable levels. It seems like every day there is a new influencer blowing up on the platform offering online training, supplements, and clothes. While it may seem like they are all super successful and living a life of celebrity status, this is not always the case. Income and lifestyle can vary drastically between influencers, and it isn't always apparent who's crushing the game and whose just along for the ride. Followers, likes, and butt pictures are just the beginning of a successful influencer. Tyler James Advisory has been working with influencers for years now, sometimes taking client's business from thousands of followers to a near million followers. Below are four of the biggest mistakes that we have seen in our experience that fitness influencers make when trying to grow their business.
Read More
Are You Properly Protecting Your Business Assets With Insurance?
Having the right commercial insurance can save your business from several liability claims, which can hurt or destroy your company. Insurance allows you to pay a reasonable monthly fee to protect against the unforeseen. No business can predict every event that can go wrong and prepare for it. Insurance can cover your business, in most cases, entirely, from claims that could damage or ruin your company. Below are several insurance options to consider depending on the industry of your business. Note, this is not a full list of all insurance options for businesses; this list contains the most common types of commercial insurance.
Read More
A Simple Guide to Managing Your Growth
You have done it. You started your business and are getting some traction, in addition to revenue. Now what? Managing your business growth is essential to ensure your business grows with your mission and values, and continues to see further success. By choosing core values that align with you and your company's mission, hiring the right people, fine-tuning your offering, and partnering with the right professionals, your business will continue to grow and thrive.
Read More
4 Ways Entrepreneurs Can Save for Retirement
Owning your own business gives you a lot of flexibility and options when it comes to saving for retirement. The biggest mistake I see with self-employed individuals is not saving for retirement or not saving enough for retirement. Owning your business allows you to make your own schedule and the freedom to do what you want with your income. Not saving for retirement because you are self-employed though can lead to severe consequences no matter what age you start your business. It is never too early to begin saving, and it is never too late. In general, the earlier you start, the larger the nest egg you will be able to build. That being said, if you are getting a late start, there are several ways to contribute more than the allowed amount as a ‘catch-up.'
Read More
4 Ways to Help Your Business Manage It's Most Important Asset
Every day, successful businesses go under because they just can't get ahold of their cash. Just because your company has substantial revenue does not mean your business will succeed if you don't properly manage your most valuable asset. Don't let that be your business. Managing it correctly can make or break your company and your growth.
Read More
3 Signs Your Business Needs a CPA
Deciding if and when you need professional accounting and advisory help from a CPA for your small business can be stressful. This blog should help you with the process and take some of the stress off your plate. Seeking out professional help from a CPA can be an important part of growing your business and complying with Federal and State laws and regulations, a boring, yet necessary part of business ownership.
Read More
4 Types of Business Structures and the Consequences of Choosing the Wrong One
Choosing a business structure/entity can be complicated and overwhelming. This blog is meant to simplify the process and educate you on the different types of structures. After reading this post you should be better educated and ready to talk to your advisor/council about which type will help you meet your business objectives.
Read More
