Business Tax You’re Already Paying and You Didn’t Know

All businesses have started with a hunger to survive. Starting a business is easy. Maintaining and running a business is the difficulty. All the operations of the business start with you. As people in business, we all have the same jobs to do. Customer service, marketing, sales pipelines, tax flow then our actual trade and our actual skills. We only have 24 hours in a day. Let’s be honest, running a business can be fucking exhausting. We have to keep our momentum going while we’re struggling to juggle all of these things. All of the plates are spinning and all of the energy is being expended. We’ve all been searching for business hacks, inspiration, looked up to successful entrepreneurs who built empires out of their small businesses and looking for how-to’s to make it easier.

We all need to breathe a little bit and understand that all of us are just doing our best.

We all need to breathe a little bit and understand that all of us are just doing our best. We all have super different start points and some of us start ahead of the game, not always financially but in terms of the help that we do and don’t get. If you think of business in the most very reductive way possible but adding the human element of ‘we’re doing what we need to do to survive’. Everyone says that their business starts from zero. And that’s true and that’s the reality of starting a business. But actually, some people start at a deficit. To start and run a business, the emotional tax is massive. The financial tax is also massive. We all have bills to pay, we all have responsibilities other than ourselves and we all have things in our lives that we need to account for. On top of that, we have business overheads and we need to turn over a profit. a business is an investment. It’s a massive investment. And an even bigger commitment. I’ve seen some people start their businesses with their whole families invested in one way or another. This doesn’t mean that they’re all planting financial seeds or they’re all contributing directly towards the business. But each of their family members have had a role to play. Managing the floor, managing the till, marketing the business, maybe looking after their children.

Time is expensive

Time is expensive and that is literally so important for business. It can feel like we’re failing running our businesses or if we’re not failing in business, we’re failing in our family and/or social life, if it’s not the other two we’re failing in, it’s our time for ourselves. Running a business is difficult and without real support in our enterprises, we can feel de-motivated and disheartened. On the flip side of watching families with all-hands-on-deck investment, there’s an equal, if not top-heavy amount of people who start businesses with many people in their lives telling them to quit or find a normal 9-5. If this applies to you, you’re already achieving so much in your business and you’re already making break throughs.