Financially Savvy Entrepreneur Welcome!. Financially Savvy Entrepreneur Course Overview Webinar...
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Transcript of Financially Savvy Entrepreneur Welcome!. Financially Savvy Entrepreneur Course Overview Webinar...
Financially Savvy Entrepreneur
Unit 1
- The WHY- Creating a solid base of information- Software comparison and recommendations- Finding and hiring a bookkeeper- Reports- Report review- Entity selection
Financially Savvy Entrepreneur
The WHY
“While good business ideas are plentiful, many entrepreneurs struggle to
understand payroll taxes, health care and other thorny issues... In other
words, they don't have the financial literacy to scale their businesses and
attract investors.” – Daymond John, August 2013 [see
links]
Financially Savvy Entrepreneur
Software
QuickBooks (http://emilychasesmith.com/quickbooks),
FreshBooks (http://emilychasesmith.com/freshbooks)
&
Less Accounting (
http://emilychasesmith.com/lessaccounting
)
Financially Savvy Entrepreneur
Report Review -10 minutes, Review-10 minutes, Circle-20 minutes, Ponder-10 minutes, Review-10 minutes, Notes
Financially Savvy Entrepreneur
Entity Choices
Sole ProprietorshipGeneral PartnershipLimited Liability Partnership
(LLP)“C” Corporation“S” CorporationLimited Liability Company
(LLC)