What's The Best Way To Structure Your Entity
Episode Number:
013
Show:
Your Life, Your Purpose 
Set Your Business Up To Win
One of the places where a business owner will get a little bit lax in their planning is in the structuring of their business entity. Many times they take the path a least resistance and just run their business as a sole proprietorship.
While there isn't any one entity that is better than another, you could be paying way more money in taxes than you need to by not setting up your business entity properly.
This week I bring in accounting expert, Chris Anderson, to talk about the various entities and why you would choose them to set up your business.
This is a topic that every new business owner and many current business owners must understand.
Show Audio
What are the resources that you have available to you? Do an assessment of where you are at with your business in terms of financial resources, mental capital and relationships.
Today's episode is all about assessing these resources.
Get A Mentor
One of the most overlooked resources that we have available to us is human capital. We have all this access to human capital but we don't use it.
A mentor relationship can be a powerful relationship to get you to the next level in business as well as life. ...
It's So Simple Yet So Overlooked
As soon as you see a title like entity structure for your business, your next reaction might be to take a nap. Not so fast as this week, we give you some straightforward advice on setting up your business entity the right way.
When your business...
The Tax Myths That Business Owners Must Be Aware Of
No one wants to get audited or find out later that they own a ton of money in back taxes. However, if you prescribe to some of the common myths out there about tax for your business, you may be putting yourself in a position to get audited...
Set Your Business Up To Win
One of the places where a business owner will get a little bit lax in their planning is in the structuring of their business entity. Many times they take the path a least resistance and just run their business as a sole proprietorship.
While there isn't any...
There are many fantastic by-products of owning a business. Enjoying the by-products of business ownership is OK, it just can't be the main focus of your business. Your business still needs to be rooted firmly in value creation for you to realize the other by-products.
What...
How much can you give?
This is the question that the best business owners ask. They aren't as concerned with what's in it for them, they are concerned with what's in it for their client base. This mindset can be difficult to stick with when there are times tough and/or...
There are many reasons that a new business fails. Most of these reasons for failure are things that we have control over. One reason that stands out is starting a business for the wrong reasons.
When it comes down to it, there is one reason to start a business. Listen...
Goal setting has always been a challenge. There are a lot of obstacles that get in the way of setting goals. Obstacles such as time, fear of failure, fear of success and creating the space to make goals happen.
What are the right goals for you? What if you hit those...
In business you know there are a number of activities and phases of your business that you are not comfortable doing and not that good at doing. Yet, we do them anyway. The attitude of rugged individualist holds us back in our business as we end up getting bogged down in...
All of us have people in our lives that we talk with on a regular basis. Unfortunately, we sometimes forget to stop and have meaningful conversations with these people in our lives.
Business owners have a lot of underutilized resources in their business particularly in the area...
Assuming that you are already know your Soul Purpose, you then have to start building a platform with which to deliver your Purpose with.
It's overwhelming to think about how to build a business around your talents. It really comes down to asking what big problems you can solve in the...
This user does not have any blog entries
Logged in users may create a blog post under Show Host Info
Sponsors of The WIN
