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Why you should start a business (yes, really)

Why you should start a business (yes, really)

FromStudent Loan Planner


Why you should start a business (yes, really)

FromStudent Loan Planner

ratings:
Length:
38 minutes
Released:
Oct 15, 2019
Format:
Podcast episode

Description

There are many reasons you should start a business. Business owners tend to make more money than associates. A business owner could pay less taxes than an associate, too. Overhead is often 45% to 60% depending on the practice, which means profit would be 40% to 55% instead of 28% to 33% as an associate. I spell out all the benefits of owning a business. In today’s episode, you’ll find out: Why you should start a business now even if you have student loans What makes the risk of being an entrepreneur lower than you think  Why a dentist probably shouldn’t open a restaurant business Legal write-offs to save 50% or more in taxes Why adding your spouse to your payroll can help the business How self-funded pension plans can fuel your retirement The advantage of a fiduciary financial planner for your business Why private practice is a better choice than PSLF How your business can help your REPAYE subsidy For more information, visit the show notes at https://www.studentloanplanner.com/why-start-business/
Released:
Oct 15, 2019
Format:
Podcast episode

Titles in the series (100)

Travis helps you navigate the insane world of student loans, especially if you owe $50,000 to $1 million. If you've ever spent too much time on the phone with your loan servicer, this is the show for you. Every week we share tips on loan forgiveness, investing, crushing debt, and how to get to financial freedom when you owe more than most people's mortgage.