Vol. 01 · Issue 04

The Smart Money — Weekly personal finance dispatches

Personal finance for people who want to be great with money — written by the friend who already is.

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The Small Business Desk.

LLCs, S-corps, retirement plans, succession — the money side of running something of your own, without the guru varnish.

The framework

Four systems. Then the business runs you less.

Every small business owner eventually discovers the same truth: the business only scales as far as the four back-office systems can carry it. Get these right early and the rest gets much easier.

  1. 01

    The Entity

    The right structure at the right revenue quietly compounds.

    Sole prop, LLC, S-corp. The wrong choice at $250k is a five-figure annual tax.

  2. 02

    The Books

    A real bookkeeper is the highest-ROI hire most owners make.

    If you don't know your margin by category, you don't know your business.

  3. 03

    The Owner Comp

    Salary, distribution, retirement contribution — pick the mix, don't drift into it.

    The IRS has strong opinions here. So does your future retired self. Reconcile both, on purpose.

  4. 04

    The Exit

    Every business has an exit — planned or otherwise.

    Sale, succession, wind-down, or hand-off. Deciding early makes every operating decision cleaner.

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Sources we track — not endorsements. The Smart Money reads widely and writes its own take. When a dispatch draws on one specifically, it's cited at the bottom.

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