Easily Spot These Costly Business Decisions

Today we’ll hear about:
• How to show honor when transferring a family business from one generation to the next
• A business owner who makes $150,000 in only three months
• The best way to protect yourself from lawsuits
• Why your “slush fund” could be hiding major financial issues in your business
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• Stages of Business Assessment: ter.li/pkurwg
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[@harpjason208]

Thanks Dave. You are a humble rockstar grounded by God.

[@cinnamoninit6028]

I'm not an entrepreneur or in any kind of leadership but will be going back into the workforce after 20 years of being a SAHM. I still listen to these for nuggets of wisdom like that first segment.

[@charliehunt1470]

parenthood is the most important leadership there is 💛

[@peterrose5373]

​@@charliehunt1470maybe so, but treating employees like your children is a treacherous dynamic at best.

[@d.bray1]

Fantastic show today, very helpful for my landscaping business and business in general

[@derekchiarelli5090]

Regarding the structural steel contractor call, they also need to make sure all of their subs should also have adequate insurance too.

[@CB-px8el]

I'm not your bank I'm your plumber 😂

[@howlbeast]

25:25 - 26:51 - 30:15 never own, rent anything in your name, do everything in the name of LLC/ Limited company

[@eprofessio]

Ice cream machines are super expensive and even more expensive to repair.

[@timstrawbridge]

yes they are. Taylor Company ones especially.

[@eprofessio]

@@timstrawbridge exactly the brand I was thinking of. I spent years repairing them. The worst thing is people always stuff them into a spot that covers the ventilation to the condenser. The last compressor replacement I did on a Taylor was $8900.

[@peterrose5373]

I thought you lent the money to the llc so it could buy the equipment from you, which lets you deduct the interest expence from the business profits and changes part of your income to interest earned, or something like that.

[@turbobink2244]

❤

[@richarddelgado6131]

this guy is a joke...