Plan Your Entrepreneurial Leap with Clarity, Not Guesswork
According to SBA Office of Advocacy, 67.9% of new businesses survive 2 years and 49.2% survive 5 years. The difference often comes down to financial planning. CareerPhases helps you model your runway, track variable income, and prepare for IRS quarterly estimated taxes before you make the leap.
CareerPhases provides educational planning tools only. We do not guarantee business success or income outcomes.
Two Approaches to Launching a Business
Compare unstructured approaches with data-informed planning.
Without a Structured Plan
- ×Leave your job without calculating runway or reserves
- ×Budget based on best months, struggle during slow periods
- ×No system for setting aside money for quarterly taxes
- ×Unclear whether side income is stable enough to transition
- ×No visibility into cash runway or burn rate
With Data-Informed Planning
- ✓Model runway scenarios: expenses, tax reserves, and cushion
- ✓Track P25 income (25th percentile) for conservative budgeting
- ✓Get IRS quarterly tax reminders and reserve tracking
- ✓Model multiple scenarios before making a transition decision
- ✓Use the CareerPhases AI Coach to think through tradeoffs
Tools for Every Stage of Your Entrepreneurial Journey
Side hustle, full-time leap, or solopreneur. Each path benefits from different financial planning tools.
Build While You Work
Keep your day job while building your business. Track P25 income from your side hustle. Model scenarios to understand when a transition might make sense. The CareerPhases AI Coach can help you think through the tradeoffs.
- P25 income tracking on side hustle revenue
- Scenario modeling for transition planning
- IRS quarterly tax reminders for 1099 income
- Time allocation tracking (W-2 vs side hustle)
Model Your Runway Before Making a Decision
CareerPhases helps you model different runway scenarios, track your P25 income, and understand your financial position before making a transition decision.
This tool is for educational planning only. Consult a financial advisor for personalized advice.
Entrepreneur Budgeting Tools for Variable Income
Traditional budgets often struggle with irregular income. These cash flow planning tools are designed for freelancers, side hustlers, and self-employed professionals.
P25 Income Tracking
Track your 25th percentile income as a conservative budgeting baseline. Helps you plan for slower months, not just your best ones.
Tax Reserve Reminders
Get reminders aligned with IRS quarterly estimated tax deadlines. Track reserves to help prepare for tax obligations.
Runway Calculator
Model how long your savings could last at different expense and revenue levels. Helps you understand your financial cushion.
Volatility Scoring
See an income volatility indicator (Low, Medium, High) based on your income patterns. Helps you understand variability.
Budget Templates
Budget templates designed for freelancers, consultants, and creators. Customize to your situation.
CareerPhases AI Coach
24/7 guidance for thinking through transition decisions, runway planning, and self-employed income tracking questions. AI suggestions are directional; always verify and make your own decisions.
Track Your Revenue Streams in One Place
Connect your business bank accounts via Plaid. Categorize income by source. See P25 income trends over time. Track reserves for IRS quarterly estimated taxes.
- Categorize income by client, product, or service type
- P25 calculation for conservative budgeting baseline
- Reminders for IRS quarterly estimated tax deadlines
Understand Your Financial Cushion
Track your runway based on current expenses and savings. Model different scenarios to understand how changes in revenue might affect your position.
- Runway modeling based on your current burn rate
- Scenario modeling to explore different outcomes
- Optional alerts when runway falls below your threshold
Illustrative Scenarios
These are examples of how entrepreneurs might use CareerPhases tools. Individual results will vary based on circumstances, effort, and market conditions.
"The runway calculator helped me understand how much I needed to save before transitioning to consulting full-time. Having that visibility gave me confidence in my planning."
"P25 income tracking changed how I budget. Instead of planning around my best months, I started planning around more conservative income levels. It reduced a lot of financial stress."
"The IRS quarterly tax reminders helped me stay on top of estimated payments. I used to forget and then scramble. Now I have a system for tracking reserves."
CareerPhases does not guarantee business success, income outcomes, or tax savings. Consult qualified professionals for personalized advice.
Frequently Asked Questions
Does CareerPhases guarantee business success?
No. CareerPhases provides educational planning tools to help you model scenarios, track income, and understand your financial position. We do not guarantee any specific business outcomes, income levels, or success rates. According to SBA Office of Advocacy, 67.9% of new businesses survive 2 years and 49.2% survive 5 years. Your results will depend on many factors beyond financial planning.
Does CareerPhases provide tax advice?
No. CareerPhases provides reminders aligned with IRS quarterly estimated tax deadlines and helps you track reserves. We do not provide tax, legal, or financial advice. Consult a qualified tax professional for personalized guidance on your tax obligations.
What is P25 income?
P25 (25th percentile) income is your income level at the lower end of your historical range. We calculate this to help you budget conservatively based on slower months, not your best months. This approach may help reduce financial stress from income variability.
How does bank connection work?
CareerPhases uses Plaid to securely connect to over 11,000 financial institutions. The connection is read-only, meaning we can view your transactions but cannot move money. Your credentials are never stored on our servers.
Plan Your Entrepreneurial Journey with Clarity
Start free. Model your runway, track variable income, and get reminders for IRS quarterly estimated taxes. The CareerPhases AI Coach is available 24/7 to help you think through decisions.
CareerPhases provides educational planning tools only. We do not guarantee business success, income outcomes, or provide tax, legal, or investment advice. Consult qualified professionals for personalized guidance.