meta_pixel
Tapesearch Logo
Log in
The How of Business - How to start, run, grow and exit a small business.

483 – Small Business Questions & Answers

The How of Business - How to start, run, grow and exit a small business.

Henry Lopez, Levante Business Group

Entrepreneurship, Business

4.7522 Ratings

🗓️ 31 July 2023

⏱️ 31 minutes

🧾️ Download transcript

Summary

Henry Lopez answers listener's small business questions. We have gathered some of the great questions our listeners have submitted through the podcast Listener Survey, and Henry answers these questions on this episode of the How of Business podcast.

The questions:

[1:35] - How to estimate overhead cost and operation cost when starting a business with no prior experience.

[7:07] - How do you know when and how to prepare for hiring your first assistant/virtual assistant/employee to support a solopreneur?

[12:25] - How does a startup craft a 3-year P&L that doesn't lead to over estimating sales?

[17:00] - Paths to acquiring small businesses that are not for sale. How to approach an owner and ways to get them to consider your interest in buying their business seriously?

[21:50] - Tips and tricks for staying focused on the most important tasks?

Henry Lopez is the host of The How of Business podcast – helping you start, run and grow your small business. The How of Business is a top-rated podcast for small business and entrepreneurs. Find the best podcast, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com  

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the how of business with your host, Henry Lopez, the podcast that helps you start,

0:05.9

run, and grow your small business. And now, here is your host. This is Henry Lopez, and this is a special

0:12.5

listener business question and answer episode. I have gathered some of the great questions that

0:18.1

many of you submitted through the listener survey, and I will answer a selection

0:22.1

of those questions on this episode of the Howa Business. The questions span a range of topics

0:27.0

related to starting and growing a small business, and you can refer to the show notes page

0:31.7

for this episode or the description of this episode on whatever device you are listening

0:35.6

for an index with the times for each question

0:38.1

in case you want to skip forward to come back to a particular question and answer.

0:42.7

If you have not completed my listener survey, I invite you to please do so.

0:46.4

I would greatly appreciate your input on how to make the Howa Business podcast even better.

0:52.2

You can find the link to the survey on my website at the how of business.com.

0:56.1

When you get to the howab business.com, just go to the podcast page, which is on the menu at the

1:01.2

top of the screen, and you'll find a link there to take the survey. The survey takes just a few

1:06.4

minutes, and I'll be selecting questions from these surveys and providing the responses on these listener

1:12.4

Q&A episodes. To receive more information about the Howa Business, including again the show notes

1:17.2

page for this episode and how you can continue supporting my show and receive workshop discounts

1:22.6

and join my monthly group coaching session through a Patreon membership, please visit the howabusiness.com.

1:29.0

I also encourage you to subscribe to my show wherever you're listening so you don't miss any

1:34.0

new episodes. So let's get into it. The first question comes from Nikita. Thanks for the question,

1:39.2

Nikita. And the question is, how to estimate overhead costs and operation costs when you're just starting

1:46.7

with no prior experience. Where do you find such information? And I get it. This is a hard one,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Henry Lopez, Levante Business Group, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Henry Lopez, Levante Business Group and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.