In this episode of Keep What You Earn, Shannon discusses the common dilemma faced by business owners of not knowing who to ask for important business and financial advice. She addresses the challenges of finding the right professionals to answer questions about setting up a business bank account, forming an LLC, and handling personal finances. Shannon provides insights on when to consult a lawyer, accountant, or financial advisor, emphasizing the importance of understanding the scope of services provided by each professional. She also hints at future guest appearances by experts to provide additional guidance. If you're navigating the complexities of entrepreneurship and finance, this episode is packed with valuable advice to help you make informed decisions.
What you'll hear in this episode:
06:35 Consult lawyer and tax advisor on restructuring.
08:49 Identify your accountant's role and seek specialists.
10:49 Consult money coach for personal budgeting advice.
If you like this episode, check out:
Is Hiring Your Family the Right Thing to Do?
Mastering Recruitment: Marketing Strategies with Shannon
How My Dad's Advice Shaped My Career and Business Success
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The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.