Starting a Wedding Planning Business – Prepare for Financial Success

 

If you are serious about being a wedding planner, you need to set yourself up as a business from the very start. This means getting a business license, opening a business checking account to separate your personal funds from your business funds, having a lawyer draft a legal contract that you use with your clients and hiring an accountant or bookkeeper to help you set up your books. You might think you don’t need anyone to help with the accounting since a may be some time before you realize a profit, but this isn’t the case. A professional bookkeeper or accountant can help you organize your business expenses and income, show you when you can take tax deductions and make sure everything is in order when financial success arrives.



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