Small Business Tax Savings Podcast
Business:Entrepreneurship
Send us a Text Message.
What is the importance of researching your competition and managing your financials? In this episode of the Small Business Tax Savings Podcast, Mike welcomes Brandon White and discusses the 11 slides needed for a successful back of the Napkin Business plan. They provide tips on how to create a compelling and concise business plan that will help you save money and grow your business.
Brandon dives into creating elevator pitches, problem-solving, market opportunities, go-to-market plans, financials, and more. Discover the importance of understanding your competition in order to succeed in business and find out about the different sources and tools available for researching and analyzing competitors such as SWOT analysis, Magic Quadrant, SEC filings, etc.
Tune in now and hear Brandon talk about various funding options, including venture capital or angel investments, getting a loan, or trading stocks!
[00:22] The Back Of The Napkin To Business Plan
[02:40] Identifying And Understanding Your Competition
[08:35] Breaking Down Revenue Lines And Optimizing Your Net Profit
[16:45] Closing Segment
Key Quotes
“Identify who your competition is, where they are in the market, which is where you really are going. You may think they're competition and they're not even competition.” – Brandon White
Connect with Brandon through his:
Website: https://brandoncwhite.com/
LinkedIn: https://www.linkedin.com/in/brandonwhite/
YouTube: https://www.youtube.com/channel/UCabV9Rcw4MohWvTGr3OTzFw
Instagram: https://www.instagram.com/brandoncwhite/?hl=en
--------
Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings Podcast
Join Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax
IncSight Packages: https://incsight.net/pricing/
Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale
-------
Podcast Website: https://www.TaxSavingsPodcast.com
Facebook Group: https://www.facebook.com/groups/taxsavings/
--------
To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com
Where's My Refund? What Is a Tax Refund?
Is Filing an Extension a Bad Thing? What Do I Need To Know About Tax Extensions?
What Is a Roth IRA and Why Is It So Powerful?
What Options Do I Have To Pay For My Tax Bill?
What Retirement Plan Options Are Available For My Business in 2022?
What Is the Difference Between an Independent Contractor vs Employee?
What Tax Strategies Are Available After the Year Is Over? Tax Strategies After 12/31/21
What 3 Mistakes Do New High-Income Entrepreneurs Make and How Can They Avoid Them?
What's the Difference Between a Hobby and Business?
When Are 2021 Tax Returns Due? How Can I Make This Tax Season Stress Free?
Tax Savings Summit + Guest Appearance on the Financial Flossing Podcast
Tax Minimization Program + Guest Appearance on The Free Retiree Show
What Do I Need To Know About 1099s? (For Business Owners)
What Is Depreciation for My Business? When Does a Capitalization Policy Make Sense?
What Year-End Tax Strategies Are Available to Business Owners?
What Is a Cost Segregation Study and When Does It Make Sense?
How Do I Reimburse Myself From the Business? When Does An Accountable Plan Come Into Play?
What Is the Research and Development (R&D) Credit and How Do I Qualify?
What Health Benefit Options are Available for Small Businesses With Employees?
What Options Are Available to Business Owners With High Medical Costs?
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
Make Me Smart
Tax Chats
WSJ Your Money Briefing
NerdWallet’s Smart Money Podcast
The Indicator from Planet Money