Starting a voice over business is challenging, especially with the many expenses involved.
Tracking these expenses is crucial to understanding how much you’re spending, how much you’re investing, and ultimately how to turn a profit. One of the first things I recommend is setting up a separate business checking account. This was a game-changer for me when I started. Having a dedicated account for my voice over business made it much easier to track expenses and manage finances. Initially, I used my personal account to pay for things like my microphone, equipment, demo, and coaching, but it became a nightmare during tax season. A separate account simplifies budgeting and sets you up for long-term success.
It's never too early to start thinking about how to budget for your business. Having the proper tools and strategies in place from the start will help you stay profitable and succeed faster.