Intuit Launches QuickBooks for Solo Businesses

<p><strong>MOUNTAIN VIEW <&sol;strong>&&num;8212&semi; Financial software company Intuit Inc&period; has introduced QuickBooks Solopreneur&comma; a new product designed to meet the unique needs of one-person businesses&period; The comprehensive tool provides a number of easy-to-use features to help solopreneurs stay in control of their finances&comma; create trackable goals&comma; manage business expenses to stay tax-ready&comma; and have the confidence to drive financial stability&comma; all in one place&period;<&sol;p>&NewLine;<p>According to the Intuit QuickBooks Entrepreneurship in 2024 Report&comma; solopreneurs are increasing in numbers as more people take the leap to work for themselves&period; Nearly a quarter of U&period;S&period; consumers said they plan to start a new business in 2024&comma; and two-thirds believe that starting a business is a better path to building personal wealth&comma; even when compared to buying a house&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Many solopreneurs are at that critical phase where they need to better understand their business to chart a path to financial stability&comma;” said Michael Hitchcock&comma; vice president&comma; Accounting and Tax&comma; QuickBooks&period; &OpenCurlyDoubleQuote;QuickBooks Solopreneur is designed specifically for one-person businesses who crave simplicity and don’t yet require an advanced accounting solution&period; It enables them to get a holistic view of their finances&comma; manage daily operations&comma; and be ready for tax time so they can grow on their own terms&period;”<&sol;p>&NewLine;<p>QuickBooks Solopreneur includes a suite of intuitive tools and features&period; With QuickBooks Solopreneur&comma; business owners can&colon;<&sol;p>&NewLine;<ul class&equals;"bwlistdisc">&NewLine;<li><b>Manage books&comma; all in one place<&sol;b>&colon; Access transaction management tools that automatically separate business and personal transactions into categories for easy review&comma; and connect bank accounts and import spreadsheet data for a full view of operations&period; Plus&comma; customers can seamlessly track mileage&comma; create and send customized invoices and estimates&comma; view reports&comma; and more&period;<&sol;li>&NewLine;<li><b>Utilize tools and insights to drive business decisions<&sol;b>&colon; Easily view income&comma; expenses&comma; and profit with simple reports and dashboards to stay in control of cash flow in real time&period; Customers can also set up trackable goals&comma; view insights&comma; and see recommended actions to help them to make smarter business decisions and achieve goals&period;<&sol;li>&NewLine;<li><b>Make tax time less taxing<&sol;b>&colon; Stay tax-ready year-round with tools that auto-track miles on-the-go through the QuickBooks mobile app&comma; and easily categorize business trips for accurate tax time deductions for business expenses&period; Customers can also move seamlessly from books to taxes to easily prepare and file tax year returns directly in QuickBooks&comma; and access expert help through QuickBooks Live Assisted Tax&comma; powered by TurboTax&comma; to help them file with confidence&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>Adding to the growing solopreneur community are side-giggers&comma; who currently run their own business in addition to working a day job&period; These individuals have set clear financial goals before they plan to commit to solopreneurship full–time&period; More than half of America’s side-giggers said they won’t quit their day job until their side business earns &dollar;50&comma;000 &&num;8211&semi; &dollar;100&comma;000&comma; and one in three &lpar;33&percnt;&rpar; say their business is currently making less than &dollar;25&comma;000&period; QuickBooks Solopreneur can help both aspiring and current solopreneurs reach these financial goals&comma; wherever they are in their business journey&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Being able to seamlessly navigate the features has made a tremendous impact on the financial health of my business&comma;” said Dr&period; Brenda Sacino PT DPT&comma; owner of Playful Progress in Bedford&comma; NH and a QuickBooks Solopreneur beta customer&period; &OpenCurlyDoubleQuote;Having started my business less than a year ago&comma; I was worried about having to account for everything myself&comma; but QuickBooks Solopreneur has kept me organized and made the financial management painless&excl;”<&sol;p>&NewLine;<p>Built on the expertise gained from serving self-employed business owners with QuickBooks Self-Employed&comma; which launched in 2015&comma; &ZeroWidthSpace;&ZeroWidthSpace;QuickBooks Solopreneur provides an elevated experience with added flexibility and productivity tools designed for the needs of one-person businesses&comma; to help them set financial goals and further grow&period; Additionally&comma; QuickBooks Solopreneur will soon offer a more seamless experience across the QuickBooks ecosystem to meet a solopreneur&&num;8217&semi;s growing needs&comma; including upgrading to QuickBooks Online and accessing other QuickBooks tools and services&period;<&sol;p>&NewLine;<p>QuickBooks Solopreneur is available to customers in the U&period;S&period; beginning today online and is compatible with the QuickBooks mobile app on iOS and Android&period;<&sol;p>&NewLine;

Editor

Chai Discovery Raises $130 Million

SAN FRANCISCO -- Chai Discovery, the AI company that predicts and reprograms the interactions between…

3 days

Nirvana Lands $100 Million Series D

SAN FRANCISCO -- Nirvana Insurance, an AI-native commercial insurer, has secured a preemptive $100 million…

1 week

Kargo Scores $42 Million Series B

SAN FRANCISCO -- Kargo, a provider of industrial artificial intelligence (AI) technology for supply chain…

1 week

Instacart to Pay $60 Million to Settle FTC Lawsuit

The Federal Trade Commission announced that grocery delivery provider Instacart will pay $60 million in…

1 week

ServiceNow to Buy Armis for $7.75 Billion

SANTA CLARA -- ServiceNow has agreed to buy Armis for $7.75 billion in cash. Armis…

1 week

Six Companies Added to Nasdaq 100

The Nasdaq stock market has reformulated the list of 100 companies in the Nasdaq-100 Index…

2 weeks