Everand Logo

Welcome to Everand!

  • Discover this podcast and so much more

    Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

    IRP #21: Avoiding Accounting Pitfalls with Brent Cox

    IRP #21: Avoiding Accounting Pitfalls with Brent Cox

    FromThe Inside Racing Podcast

    Start listeningView podcast show

    IRP #21: Avoiding Accounting Pitfalls with Brent Cox

    FromThe Inside Racing Podcast

    ratings:
    Length:
    59 minutes
    Released:
    Feb 7, 2017
    Format:
    Podcast episode

    Description

    Are taxes and financial matters the last thing you want to deal with after a long day at the track? Are you constantly worried about compliance? Are you maximizing deductions and getting all of your expenses accounted for? The racing business is a whole different animal. At times, it can be overwhelming to manage. In this episode of The Inside Racing Podcast, we chat with CPA and former racing promoter Brent Cox. Brent shares his strategies and recommendations for building a great financial foundation. Whether you are concerned with maximizing revenue, managing expenses or proper reporting, we cover it all. Business expert and motorsports professional John Robbins asks Brent about the unique nature of racing and how to avoid typical accounting pitfalls. Brent provides clarity when it comes to employees vs. contractors, part-time workers and managing a seasonal business. Stop guessing and start getting the help you need to build your racing operation. Whether you are just getting started or you've been promoting racing for decades, there's something here for you.  Want more episodes like this? Visit www.NSTAracing.com/archive for past episodes. Become a VIP Listener and get access to exclusive listener bonuses. Join the conversation on Twitter (@NSTA_Racing),  Facebook (@NSTAracing) or email podcast@NSTAracing.com. Are you interested in official advice from Brent? Visit www.coxbeckmangoss.com, call 317-545-0845 or email Brent: brentc@coxbeckmangoss.com
    Released:
    Feb 7, 2017
    Format:
    Podcast episode

    Titles in the series (53)

    John Robbins: Business strategist, coach and consultant for more than a decade shares his strategies, frameworks, tips and best practices to help you preserve and grow your racing operation. You'll hear from handpicked experts inside and outside the industry as they share their insights, stories and opinions about the business of racing. It's about understanding what goes on behind the scenes at race tracks, with sanctioning bodies, inside race teams and among industry professionals. It's also about uncovering the latest trends and gathering valuable insights from people across the world of business. John has combined his experience of growing up at the track and a passion for business to bring a unique, fun and real perspective to the business of racing. His work has allowed him to help track owners across the country develop and execute strategies to grow revenue and increase profitability, attract and retain sponsors and engage race fans. Sales, prospecting, sponsorship, media, public relations, event promotion, motorsports strategy, ticketing, social media, technology, fan experience, entertainment, attractions, concessions, merchandise, staffing, operations, finance, economic development, and all the other things that work (and don't work) in the business of racing to help support, preserve and grow short track racing in America.