$79.00 USD

Turn Your Passion Into an Official Business Part 1

Many people have something they are passionate about - photography, crafts, fitness, writing, teaching, cooking, designing, etc. Whatever your passion is, it is a great opportunity to start a business and make a profit. But that’s just the beginning.

The big question most people have is: where do I even start?

During this course you will learn:

  • The types of business structures you can choose from and which one is right for you.
  • The tax implications you need to consider for your business entity.
  • The trade-offs between legal protections and tax savings.
  • How to open a business bank account and what you need to know about checking accounts, saving accounts, credit cards, and lines of credit.
  • How to get funding.
  • Which expenses are tax deductible and the downside to deductions.
  • The basic financial statements you will always need to keep track of.

*Members have 3-Week Access.

DISCLAIMER: This course provides informational resources for educational purposes only. Consult a professional for tax, legal, or any other professional advice before engaging in any transaction.

Course Overview:

  • Introduction 
    • Resources
    • About the Speaker
  • Registering The Right  Business Structure 
    • Video Presentation
  • Is S-Corp Status The Right Fit? 
    • Video Presentation 
  • Does Registering A Company Help Reduce Taxes? 
    • Video Presentation 
  • How To Apply For An EIN
    • Video Presentation 
  • Bank Accounts, Credit Cards, And Lines Of Credit
    • Video Presentation 
  • How To Get Funding 
    • Video Presentation 
  • Tax Deductions And Their Downsides
    • Video Presentation 
  • Basic Financial Statements To Track
    • Video Presentation 
  • Test Your Knowledge 
    • 10 Items Quiz 
  • Feedback 
    • 5 Survey Questions