Carrie Smith

earn more moneyFinding ways to earn more money without having to put in more time and energy is one of the trickiest things entrepreneurs face with growing businesses.

No matter how great your clients are, you constantly have to update your list, raise your prices, and prune out projects that don’t make sense.

Otherwise you’ll get stuck in a rut and be unable to keep seeking new opportunities for higher pay.

As a business owner, time and money are both precious commodities, which means you’re often protecting your time and money like you would your life.

Showcasing your work for potential new clients and convincing current clients of your worth can be difficult. Aside from those traditional ideas though, here are 5 other ways you can start earning more money without investing more time.

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Carrie SmithCarrie Smith

cash for debtAs a business owner your hard-earned money is pulled in lots of different directions. You need new equipment, have to hire some help, or spend money for an upcoming networking event.

All of these business obligations can make it difficult to pay off debt and get ahead with your finances.

So how do you manage paying off debt when you have an irregular income?

I used to believe that it would be easier to pay off debt when I didn’t work for someone else because I would have more control over my income.

But I was mistaken in that belief and now realize that leaving a full-time job with a regular paycheck and benefits, makes it MUCH more difficult to pay off debt and reach your financial goals.

For many small businesses, using debt to leverage growth can actually backfire and end up crippling your success. Which is why I strive to run a business without debt, and help others do the same.

It’s hard enough to budget for all the financial ups-and-downs if you’re not prepared, and having debt payments only compounds the problem. Here’s how to work your way out of debt, as an entrepreneur with irregular income.

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Carrie SmithCarrie Smith

business salaryWhether you run a small agency or are a business of one, it can be difficult to know how much to pay yourself. You don’t want to be paid too much and cause your cash flow to suffer, but you also don’t want to pay yourself too little and not be able to pay the bills. 

The reason you became your own boss is likely because you wanted enough income to stop worrying about money so you could focus more on creating and doing what you love.

But the economic system is set up on trading money for goods and services. 

So how big of a salary is too much, and what amount is too little? Is it possible to find a balance with getting paid what you’re worth while still turning a profit? 

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Carrie SmithCarrie Smith

get organizedIf your office is anything like mine, you’re likely drowning in paperwork, files, folders, and post-it notes.

Perhaps one of your New Year’s resolutions is to get organized and create a system to stay on top of everything. 

Can you relate? Well I have good news. 

Below are five ways to finally gain control of the paperwork clutter by going digital. But in case you’re not already convinced, here are some of the benefits that going paperless provides. 

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Carrie SmithCarrie Smith

business resolutionsAs part of the New Year resolution movement that happens this time of year, you’ve probably created a few business goals you’d like to accomplish.

One of my goals is to become more organized and spend less time on tasks that I don’t enjoy. 

In order to accomplish this, you need a game plan for taking these ideas from goals, to actions. Below are five simple, but clear, actions you can take over the next few months to improve your business finances in 2015. 

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Carrie SmithCarrie Smith