Found: Your All-in-One Financial Hub for the Self-Employed

Found: Your All-in-One Financial Hub for the Self-Employed

February 1, 2024 Off By The Admiral Staff

Being self-employed offers incredible freedom and flexibility, but it also comes with unique financial challenges. Juggling invoices, tracking expenses, and preparing for taxes can feel overwhelming, especially when you’re wearing all the hats of a small business owner. Fortunately, there’s a growing number of tools designed to simplify the process, and Found is emerging as a powerful solution for freelancers, gig workers, and independent contractors.

Streamline Your Self-Employment Finances with Found

If you’re a rideshare driver, freelance writer, consultant, or any other type of self-employed individual, you’re essentially running a small business. That means you need tools to manage your finances effectively, just like any other business owner. Found aims to provide exactly that – a streamlined, integrated platform to handle your business banking, invoicing, bookkeeping, and even tax preparation.

What Does Found Offer?

Found’s core strength lies in its comprehensive suite of features, all accessible through a user-friendly app and website. It’s designed to eliminate the headaches of managing separate tools and spreadsheets. Here’s a breakdown of the key offerings:

  • Business Checking Account: A dedicated business checking account with a Mastercard debit card, no credit check, and no minimum balance requirements.
  • Invoicing: Easily create and send professional invoices to clients, with no limits on the number you can issue. Accept payments directly through the app.
  • Bookkeeping: Automated expense tracking that saves transactions and receipts, keeping all your financial data organized in one place.
  • Tax Preparation: Consolidated data (invoices, expenses, earnings) simplifies tax time, with tools to estimate your tax liability and even find potential tax credits.

The best part? Found’s core features are completely free. For those seeking even more advanced capabilities, a subscription to Found Plus unlocks additional benefits.

Found Plus: Taking Your Business to the Next Level

While the free version of Found is incredibly valuable, Found Plus offers a significant upgrade for serious self-employed individuals. For a small monthly or annual fee, you gain access to features that can further optimize your business operations. These include:

  • Exporting Data: Integrate your Found data with popular tax preparation software.
  • Quarterly Tax Payments: Easily schedule and make quarterly tax payments.
  • Customizable Categories: Organize your expenses with custom categories for more detailed tracking.
  • Receipt Uploads: Snap photos of receipts and upload them directly into your account.
  • Higher Interest Rates: Earn 1.5% APY on balances up to $20,000.

Found Plus is priced at $19.99 per month or $149.99 per year, making it a worthwhile investment for those looking to maximize efficiency and potentially increase profitability.

Is Found Right for You?

Found is an excellent choice for a wide range of self-employed individuals. It’s particularly well-suited for:

  • Freelance writers and designers
  • Rideshare and delivery drivers
  • Personal trainers
  • Independent consultants
  • Sole proprietors

However, if you employ staff, you might find that traditional business banking services are a better fit. Ultimately, Found’s free core features make it a low-risk, high-reward option for anyone looking to simplify their self-employment finances.

Conclusion: Take Control of Your Self-Employment Finances

Managing your finances as a self-employed individual doesn’t have to be a constant source of stress. Found offers a powerful, user-friendly solution that combines essential business tools into a single platform. With its free core features and affordable Plus subscription, Found empowers you to take control of your finances, streamline your operations, and focus on what you do best – building your business.