Small Business Tax Savings Podcast
Business:Entrepreneurship
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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
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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
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Podcast Website: https://www.TaxSavingsPodcast.com
Facebook Group: https://www.facebook.com/groups/taxsavings/
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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
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Marketing in the Digital Era (w/ Special Guests Jeff Van Kampen and Nick Urso)
Expensing Items Under $2,500 (Safe Harbor Method)
Accountable Plan Importance (Expense Reimbursement)
Home Office Deduction for S Corporations
Appearance on The Mind Body Business Show with Brian Kelly
Quarterly Estimated Taxes for Business Owners
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Business Meal Tax Deductions After Tax Law
Using Habits to Attain Goals
Stop Commingling Personal and Business Items
Tax Savings for Real Estate Investors (w/ Special Guest Paul Moore)
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Hiring Your Children in Your Business
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Looking Ahead to 2019 Taxes
Xerocon and Free Bookkeeping Training Program
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