POM049: How Small Business Accounting Affects Financial Success with Erica Booth

In this episode, we discuss:

  • the top financial tip for recent entrepreneurs
  • consequences that can result from not setting up finances and accounting properly
  • which team members you need
  • the four different business entities and how they affect your taxes
  • biggest tax mistake for entrepreneurs


Erica Booth

Erica Booth, Author, and CEO of Erica Booth Tax & Accounting Services, LLC has more than a decade of experience specializing in finance and small business taxes. Erica is a 2006 graduate of Temple University with a Bachelor’s Degree in Accounting. She has earned a MBA in Finance from Wilmington University in 2012.


As a qualified accountant, Erica focuses on the growth and financial success of small businesses through coaching, planning, and implementation of customized business strategies. Erica’s main objective is for all small business owners to fully understand the importance of small business accounting and taxes and how both components can impact the outcome of business profits or loss. She is passionate about helping business owners achieve financial success and stability through constant empowerment, guidance, and support.


Resources Mentioned:

WISE Money Challenge – 30 day challenge to save and earn more money

Financial Wellness Telesummit for HR Professionals – free telesummit about financial wellness as a benefit for employees


Let’s Fix Work – top rated HR podcast by Laurie Ruettimann



  • Currently running a financial organization campaign


A Tax Deduction Guide for Small Business – top 20 business tax deduction book written by Erica Booth


Facebook: Erica Booth Tax and Accounting


Instagram: Erica Booth Tax


Thanks for listening:

If you have any comments or questions about this episode, leave a comment below. If you liked what you heard subscribe on iTunes and rate it. This helps the podcast show up for others.

Related Articles