This Day in Financial History

Financial History

May 17, 1792: The Birth of Wall Street

On this day in 1792, 24 stockbrokers signed the Buttonwood Agreement under a buttonwood tree on Wall Street in New York City. This agreement established the rules for trading securities and is considered the founding document of the New York Stock Exchange.

This milestone moment laid the groundwork for what would become the world's most influential financial market and forever changed how businesses raise capital.

Tax Deductions

5 Tax Deductions Sole Proprietors Often Miss

By Sarah Williams | April 12, 2024

Discover the commonly overlooked tax deductions that could save you money this tax season. From home office expenses to professional development costs, make sure you're not leaving money on the table.

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Bookkeeping Software

Best Bookkeeping Software for Sole Proprietors in 2024

By Michael Chen | March 28, 2024

Compare the top accounting software options designed specifically for solo entrepreneurs. We analyze features, pricing, and user experience to help you find the perfect solution for your business needs.

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Financial Planning

Quarterly Financial Planning Guide

By Rebecca Johnson | March 15, 2024

Learn how to structure your quarterly financial reviews to stay on top of your business finances. This comprehensive guide includes checklists, templates, and expert tips to streamline your process.

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Retirement Planning

Retirement Planning Strategies for Self-Employed Professionals

By David Miller | February 27, 2024

Without employer-sponsored retirement plans, sole proprietors need to be proactive about saving for the future. Explore various retirement account options and tax-advantaged strategies to secure your financial future.

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Financial Health

7 Financial Health Metrics Every Sole Proprietor Should Track

By Jessica Thompson | February 10, 2024

Beyond basic profit and loss, these key financial indicators will give you deeper insights into your business health. Learn how to calculate and monitor these metrics to drive sustainable growth.

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