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Incite Tax with Founder and CEO John Briggs

Incite Tax with Founder and CEO John Briggs

FromFranchise Euphoria


Incite Tax with Founder and CEO John Briggs

FromFranchise Euphoria

ratings:
Length:
38 minutes
Released:
Nov 17, 2023
Format:
Podcast episode

Description

Founder of Incite Tax and the author of Profit First For Microgyms, John Briggs has a theme: "The IRS Sucks". Business owners should keep more of their money to build long-term wealth. John joins the podcast today to share how he has built an amazing team of nontraditional accountants to help combat IRS bullying. John is a man on a mission to give entrepreneurs an actual work-life balance so they don’t get burned out. He helps them increase their cash immediately so they can have confidence in their choices and become financially resilient.   Key Takeaways: [2:19] - John shares his background and why he founded Incite Tax. [3:40] - He is passionate about helping entrepreneurs stay in business. [4:41] - Not enough capital and mismanaging capital are the number one pain points for franchisees. [5:33] - The demand for something expands to match its supply. [7:23] - John shares a way to manage money through multiple types of accounts. [8:53] - The first step of the Profit First method is to do a cash flow analysis. [12:03] - It is never too late to start thinking about a cash flow system. Start now. [14:06] - John explains why gyms and fitness businesses are a niche for Incite Tax. [17:23] - Because they are so experienced with the business model, Incite Tax can see the challenges before they do. [20:18] - You can negotiate lease agreements. [22:45] - John explains the systems he has built that help people avoid burnout. [26:37] - When is it time to think about adding another location to a business? [30:16] - Think about how to maximize the space you are in. [35:02] - It’s not always the best idea to open a second location.   Mentioned in This Episode: Profit First For Microgyms by John Briggs Incite Tax Home Page Incite Tax on Facebook Incite Tax on Instagram
Released:
Nov 17, 2023
Format:
Podcast episode

Titles in the series (100)

Josh Brown, an Indiana-based franchise attorney and entrepreneur, shares his insights, strategies, frameworks, and best practices gained through more than 15 years of experience in the franchising industry. Franchise Euphoria sheds light on how to design the right business plan for you and your business, avoid the most common and costly mistakes, manage growth, and achieve your business dreams. You will hear from leading franchise and business experts as well as many franchisors who are in the process of growing their franchised businesses. Josh’s approach to business and the franchise world is honest, real, and authentic.