Building Blocks of Business: Entity Structures, Credit Mastery & Tax-Smart Strategies | The Growth Booth #96

Starting a business but unsure about some of the legal, entity structure, and tax considerations?

Welcome to the 96th episode of The Growth Booth Podcast, a show focused on supporting budding entrepreneurs and established business owners alike, towards achieving lifestyle freedom through building successful online businesses.

In this episode, Aidan is joined by Tommy Thornburgh of Prime Corporate Services as they guide you through the questions you need answered when launching a business. We talk about business credit and expenditures, entity structures, and an often dreaded but necessary conversation about business taxes.

Whether you're looking for step-by-step strategies to start building an online business, simple game plans to grow your business, or proven lifestyle freedom frameworks, you’re in the right place.

Stay tuned and be sure to join the thousands of listeners already in growth mode!

Timestamps:

00:00 Intro

03:40 Why Set Up An Entity?

07:46 What Are Business Expenditures?

12:18 What Are Entity Structures?

16:34 What's Business Credit?

20:30 How Do Tax Savings Work?

25:30 Mindset of A Business Owner

29:00 Making Calculated Decisions

33:37 Outro

Links and Resources Mentioned:

• Prime Corporate Services - https://thegrowthbooth.com/prime 
• Rocket Fuel, Gino Wickman - https://tinyurl.com/2rk2x54k 

 

About Our Host:

Aidan Booth is passionate about lifestyle freedom and has focused on building online businesses to achieve this since 2005. From affiliate marketing to eCommerce, small business marketing to SAAS (software as a service), online education to speaking at seminars, the journey has been a rollercoaster ride with plenty of thrills along the way. Aidan is proud to have helped thousands of entrepreneurs earn their first dollar online, and coached many people to build million-dollar businesses. Aidan and his business partner (Steven Clayton) are the #1 ranked vendors on Clickbank.com, and sell their products in over 100 countries globally, as well as in 20,000+ stores across the USA, to generate 8-figures annually.

Away from the online world, Aidan is a proud Dad of two young kids, an avid investor, a swimming enthusiast, and a nomadic traveler.

 

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