Funding Strategies - Understanding Your Numbers

Get insights on how organized financials can drive profitability and tax savings. I will provide this insight by covering the fundamentals of accounting, the importance of proper categorization and organization, and how business structure impacts taxes and reporting. Attendees will learn to distinguish between gross and net profit, how different entities can benefit in filing in different ways, manage 1099s effectively, and set their businesses up for financial success.

-Open with Accounting 101: 4 main buckets.

- How to prepare for taxes all year long, so you are not surprised come year end; through COGS and proper deductions leading to a lower taxed income "net income".

-Things you can do to save on tax expenses while continuing to grow business; how you file your entity, depreciation, and saving in fees with the IRS.

- Common things business owners forget.