Overview

Discover the ultimate roadmap to launching and growing your small business with confidence and ease. Whether you're a first-time entrepreneur or looking to optimize an existing venture, this comprehensive guide demystifies the process of forming an LLC, navigating finances, and minimizing tax burdens. Packed with practical insights drawn from real-world experience, this all-in-one resource combines step-by-step instructions with interactive workbook elements to help you brainstorm ideas, plan strategically, and implement changes seamlessly. You'll have the tools to protect your personal assets, make informed decisions on business structures, and unlock significant savings through smart deductions and tax strategies. What's inside the only book you'll need to create your business fast: Confidently choose the right business structure: Review the pro's and con's of sole proprietorships, LLCs, S-Corporations, and partnerships so you feel confident you've made the best decision for your business. Bring clarity to the chaos: Create a blueprint for your business by defining your ideal customer, where and when you'll operate, how you'll deliver to your customers, and where you'll market your business. Clarifying the who, what, when, where, and why of your business keeps you on track and saving precious time and money as you move forward with marketing to and serving your customers. Create your business step-by-step: Detailed checklists and guidance walk you through naming your business, purchasing your domain and email addresses, getting your EIN, setting up your initial bank accounts, and choosing an accounting solution to keep your finances in order. Simplify the lending process: Stay two steps ahead of your lender by understanding what they will review, and how to make your business stand out from the crowd. Get your numbers in order and have your documents ready before you even request your first loan. Make it difficult for lenders to turn you down! Unlock unknown or often missed tax deductions: Learn how hiring your child can reap huge benefits for your business and family, learn the easy way to deduct your home office and personal vehicle, and track your expenses so no deduction is lost. Learn how to pay yourself: Not all businesses are created equal. The IRS has different rules for paying yourself as a business owner. Understand how to do so as a sole proprietor, LLC, partnership, or S-Corporation. And understand how and when to send those estimated tax payments. Set up your financials and accounting system: Take control of your finances and stop faking it until you make it. Simple and guided explanation of the balance sheet and profit & loss show why these reports matter. A basic chart of accounts will make your accounting system efficient and powerful. More than the typical start-up book: Visual aids, real-life examples, and ample space for notes allow you to personalize your journey, track your income and expenses, run calculations, and truly understand how to make all of this work in your business. BONUS GLOSSARY: A bonus glossary of key terms provides simple definitions and scenarios to reinforce your understanding of your business financials. Never go into a meeting wondering what the other party is trying to describe again. This book empowers you to apply concepts directly to your situation, reducing overwhelm and building a stable and profitable entity. Sneak a peek at interior pages under ""From the Publisher"" to see the engaging format in action.

Full Product Details

9798218838188

Table of Contents

Reviews

Author Information

Tab Content 6

Countries Available