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Millennial Money: 5 steps to level up your side hustle

KIFI

By KELSEY SHEEHY of NerdWallet

The pandemic isn’t crushing the entrepreneurial spirit. It’s fueling it. People normally tied to a desk or working double shifts used lockdown to launch side hustles, and some have turned those side gigs into full-fledged businesses. Entrepreneurs hoping to do the same need to plan carefully to give their new venture a shot at staying power. Research the best legal structure for your company, build out a formal business plan and invest in professional help where needed. A separate business bank account and credit card can help keep finances organized, as can the right bookkeeping software.

Associated Press

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