Small Business Owner

Small Business Owner

Revenue vs profit, cash flow, entity types, taxes, and protecting the business you built.

Episode 1

Revenue vs Profit

Revenue is every dollar that comes into your business. Profit is what is left...

Episode 2

What Is A Profit And Loss Statement

Your profit and loss statement, the P&L, is the most important document in your...

Episode 3

What Is Cash Flow

Profitable businesses go broke every year. Not because they are not making money. Because...

Episode 4

Pay Yourself First As An Owner

Most business owners pay themselves last. Whatever is left after every expense is what...

Episode 5

Sole Proprietor vs LLC vs S-Corp

Sole proprietor. LLC. S-corp. Three ways to structure a business, and the difference matters...

Episode 6

Business Credit vs Personal Credit

Your business should have its own credit, separate from yours. When you put business...

Episode 7

Separate Business And Personal

The most expensive mistake a small business owner makes is running everything through one...

Episode 8

Self-Employment Tax

When you work for yourself, there is a tax most people never see coming....

Episode 9

Retirement For The Self-Employed

When you are self-employed, nobody offers you a 401k. So most business owners never...

Episode 10

What Happens To Your Business

Here is a question most business owners avoid. What happens to your business if...

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Educational content only. Not financial advice. HRP Financial · Bushland, TX · 806-683-3110.