EPISODE 117:
PROFIT FIRST & HOW TO PAY ON A W2 WITH ABBY JOHNSON
Host: Ethan Steimel
Release Date: 10/10/2022
Release Date: 10/10/2022
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Today we learn how to pay workers on W2 instead of 1099 and how to profit first by organizing our business finances.
Our guest is Abby Johnson, CEO of Matterhorn Business Development and Certified Profit First Professional for Small Business Owners. W2 Topics: ⭐️ When to pay someone on a 1099 or a W2 ⭐️ If W2, HOW to file the correct tax filing paperwork. ⭐️ How much it costs to hire a company to do the filings for you. Profit First topics: ⭐️ Pulling aside profit first ⭐️ Setting aside money for you the owner ⭐️ Setting aside money for taxes and operating expenses ⭐️ How to go about modeling after the Profit First system for someone making less than $250,000 in annual revenue. |
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Links and Resources
Artistic Finance LIVE at LDI
Women In Lighting - at LDI
Ayrton - Our Partner for LDI 2022
Patriot Software - Payroll Software
Other Payroll Companies
Adventure To Profit - Work With Abby
Caite Hevner - Projection Designer
Najah Roberts - Cryptocurrency & Bitcoin
Ken Billington - Lighting Designer
Extras In The Patreon Episode
Listen to our extended discussion with Abby Johnson by becoming a patron! Thank you for your ongoing support.
Outtakes
⭐️ Robo advisors
⭐️ Abby’s music career
⭐️ The Lion King on Broadway
Abby Johnson
Abby Johnson
Abby Johnson on Youtube - Profit First Intro
At 16, Abby was a rocker musician looking to make some extra cash for gas money. She started working at her dad’s company making coffee runs and filing papers, but was quickly promoted into their finance department. There, she learned hands-on how to manage complex client accounts, and put systems and organization into places where they weren’t before.
After hundreds of hours of mentorship under her father, she’s now Matterhorn Business Development’s Chief Mentor, resident organizational genius and Certified Profit First Professional, helping clients grow and organize their businesses.
Women In Lighting - at LDI
Ayrton - Our Partner for LDI 2022
Patriot Software - Payroll Software
Other Payroll Companies
Adventure To Profit - Work With Abby
Caite Hevner - Projection Designer
Najah Roberts - Cryptocurrency & Bitcoin
Ken Billington - Lighting Designer
Extras In The Patreon Episode
Listen to our extended discussion with Abby Johnson by becoming a patron! Thank you for your ongoing support.
Outtakes
⭐️ Robo advisors
⭐️ Abby’s music career
⭐️ The Lion King on Broadway
Abby Johnson
Abby Johnson
Abby Johnson on Youtube - Profit First Intro
At 16, Abby was a rocker musician looking to make some extra cash for gas money. She started working at her dad’s company making coffee runs and filing papers, but was quickly promoted into their finance department. There, she learned hands-on how to manage complex client accounts, and put systems and organization into places where they weren’t before.
After hundreds of hours of mentorship under her father, she’s now Matterhorn Business Development’s Chief Mentor, resident organizational genius and Certified Profit First Professional, helping clients grow and organize their businesses.
