You started your business, and you're bringing in money, but nobody told you what to actually set up on the financial side so that it all doesn't fall apart later!

In this episode of Creative Minds, Smart Money, we're going back to basics (bank accounts, bookkeeping, owner's pay, taxes) and walking you through exactly what a healthy financial foundation looks like from day one.

Topics Covered:

Why a separate business bank account isn't optional — what happens when your business and personal money get tangled
How many bank accounts your business actually needs — the case for three (operating, tax, and savings), why one isn't enough, and why Profit First's five-account system isn't the right fit for everyone
When to start tracking your income and expenses — the answer is immediately
What a real owner's pay setup looks like — how to work backwards from what you actually need to survive
The truth about quarterly taxes — how setting aside 20–30% in a dedicated account saves you from a very bad April

Links & Resources:

Website: FirestormfinanceFirestorm Finance | Bookkeeping for Creative Entrepreneurs

Podcast Home: FirestormfinancePodcast | firestormfinance.com

Book a Discovery Call: FirestormfinanceContact Firestorm Finance | Bookkeeping Support for Creatives

Listen & Subscribe:

Apple Podcasts: AppleCreative Minds, Smart Money: Finance & Business Tips for Creatives
Spotify: SpotifyCreative Minds, Smart Money: Finance & Business Tips for Creatives

Social:

Instagram: @firestormfinance
Threads: @firestormfinance
LinkedIn: Samantha Eck
Facebook: Firestorm Finance
YouTube: @FirestormFinance
Pinterest: Firestorm Finance