Business must knows when starting your venture, w/Sylvia Inks. Ep 34.
Planet BoomerVille for baby boomers with Jim Enright
English - May 02, 2017 07:00 - 42 minutes - 38.8 MB - ★★★★★ - 11 ratingsSociety & Culture Health & Fitness 1946to1964 aarp medicare retirement ageing babyboomerblogs babyboomerdating babyboomergeneration babyboomerretirement babyboomers Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
If you have thought about starting a baby boomer business venture, small, medium, or large, this episode gives you the building blocks for a smart stressless start so that you avoid the “Oh Crap” moments. Sylvia is the author of “Small Business Finance for the Busy Entrepreneur – Blueprint for Building a Solid, Profitable Business.”
- What experiences triggered the book? (2:00)Story of couple that looked good on outside.
Simple steps taken upfront that will protect business and retirement. (2:56) Mistake of not separating business and personal funds. (4:25) 2nd Big Mistake - no budget. Budgeting for the one time yearly expenses. (6:20) Often can be losing money on products and services. (9:15) Other business owners will share information with you. (10:35) Major Points in starting your business (11:40) Creating an LLC gives an extra layer of protection. (16:30) What to do for beginning venture- blogger, writer, artist. (17:40) Two important items to account for in your budgeting. (20:18) 2 Big Mistakes for Established Businesses. (22:00) The solutions to the mistakes. Virtual Assistants in US and abroad. (24:00) Beating the tax prep overwhelm. (27:53) “Oh Crap” Moments (31:16) Music. (34:20) Death and dying. (36:15) Looking back from 95. (37:30) Final Take Away - 10 Step Check List On Line.
Resources
Music
Steve Miller - The Joker 9/26/1976 - Capitol Theatre
Eagles - Take it Easy Live 1977
Contact Sylvia Inks
Website: www.smifinancialcoaching.com
Book URL: www.smallbusinessfinancebook.com
Facebook: SMI Financial Coaching
Twitter: @smifinancial
LinkedIn: https://www.linkedin.com/in/sylviainks
Link to buy book on Amazon: http://amzn.to/2ehxyVY
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Planet BoomerVille is for Baby Boomers and is about being Stellar and Living Life Lively. That means Baby Boomer brain and physical health. Baby Boomer family relationships, love, sex, and romance. Making new friends. Appreciating old friends. Lot's of music, new and old. It is about new life beginning and adventures. Planet BoomerVille is about embracing the future and making your now as big as your past. Maybe bigger and even better. Why not? Why not you?