Starting a business can be confusing and sometimes costly process. Often advice given is from a "friend" who heard about a tax loophole or some quick way to set up a business. For this episode Erik R, Doerr, CPA, tax manager and consultant specializing in family owned and private equity owned companies, joins us to discuss the basics of starting a business. From time allocation to the brand awareness we discuss a few pitfalls to be avoided to set the stage for a successful startup.
- Time is money so think about allocating it, not just working hard
- Your brand extends to who you employ
- Avoid bad tax advice...be wary and seek a professional
Erik’s book recommendation
Never Eat Alone by Keith Ferrazzi
Reach out to Erik for more information
Erik R. Doerr, CPA on Linkedin
The Fast Talking Podcast is a small business building podcast as seen through the lense of auctioneers and auction professionals. Focusing on social media, marketing strategies, finance, operations, human resources, and time management, we provide focused discussions on important topics weekly.