Small Business Archives - Erin Armstrong
Let’s Talk About Your Business Debt

Let’s Talk About Your Business Debt

Here's what I know... if you’re in business long enough, eventually you may find yourself in a situation where it makes financial sense to take out a loan. Whether it’s opening a credit line to help with delayed accounts receivables, taking out a...

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Why are S-Corps a Big Deal?

Why are S-Corps a Big Deal?

If you’ve been in business for a while, you’ve probably heard something about the tax advantages of operating as an S corporation. At the same time, you might not know what specific tax advantages S-Corp status provides. So today, we’re going to take a brief look at...

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Be a Better Procrastinator

Be a Better Procrastinator

You’ve probably heard the old adage, “Don’t put off until tomorrow what you can do today.” In the small Texas community where I grew up, I heard this piece of wisdom from my grandmother, my school teachers, my music teachers, my pastor, and a whole host of other...

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Paying Yourself As The Business Owner

Paying Yourself As The Business Owner

A version of this article was first published on DesignGood’s blog. As the final part of my series on creating business financial alignment (you can read Part 1 here and Part 2 here), let’s dive into the ohhh-so-important topic for businesses: paying yourself as the...

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How To Start Financially Aligning Yourself

How To Start Financially Aligning Yourself

A version of this article was first published on DesignGood. In my last post, I talked about the importance of business financial alignment and asked you to consider where you're at. Today, I’d like to address how you can start financially aligning yourself and...

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Are You Aligned with Your Business Finances?

Are You Aligned with Your Business Finances?

A version of this article was first published at DesignGood's blog. If you're like most, you started your business because you’re passionate about what you offer and how it helps other. Naturally, this makes for a creative, exciting, and passion-fueled business! Which...

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EIDL & PPP Pandemic Loan Options

EIDL & PPP Pandemic Loan Options

Over the past week, you've probably read at least a little about the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL). However, if you're like many, you might be a little confused--perhaps even feeling frustrated--about how to get...

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How Your Small Business Can Get Through the COVID-19 Pandemic

How Your Small Business Can Get Through the COVID-19 Pandemic

In light of the coronavirus pandemic, I wanted to check in and talk about several financial considerations for you and your business. As this crisis develops, we’re seeing schools, daycares, restaurants, government offices, and many other businesses and institutions...

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Does Your Small Business Need a Virtual CFO?

Does Your Small Business Need a Virtual CFO?

A lot of times, in life (and business), you don’t know what you don’t know… until you know it. So, in that spirit, I’d like to clarify why many small businesses could benefit by hiring a Virtual CFO. First, you might be wondering what exactly is a Virtual CFO. In...

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A Fear Too Taboo To Talk About…

A Fear Too Taboo To Talk About…

Over this past year, in private coaching sessions & conversations, I've noticed a prevalent, sweeping financial fear that feels almost too taboo to talk about. What I've realized is that many entrepreneurs, especially female, share this fear… which tends to grow...

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