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A Well-Designed Business® | Interior Design  Business Podcast

714: Power Talk Friday: Braden Drake: Quit Being Afraid of Your Tax Attorney

A Well-Designed Business® | Interior Design Business Podcast

LuAnn Nigara

Design, Business, Arts

4.9810 Ratings

🗓️ 22 October 2021

⏱️ 65 minutes

🧾️ Download transcript

Summary

Today with Braden Drake: Welcome to A Well-Designed Business. Braden Drake of Unf*uck Your Biz podcast is a California tax attorney specializing in helping creatives made sense of business finances and tax law. He’s sharing all about business entities, business insurance, and CPA service structures. He’s sharing his lighthearted and easy-to-follow education style that empowers creatives to understanding the foundational principles of money and business tax law. Pick it apart: [12:15] Braden shares the non-negotiable insurance a business should have [18:02] LuAnn asks Braden about how to handle business registration and nexus for businesses that work and do business in multiples states [23:34] Braden breaks down LLCs, Corporations, and S Corps [27:44] Braden reviews a simple math example of when it makes sense to be an S Corp [36:42] Braden explains the different business models of CPAs [42:31] Braden shares about his upcoming educational program LuAnn and Braden Drake’s Ah-Ha moments: “You get what you pay for - are you paying for consulting services?” - Braden Drake More About Braden Drake: Braden is a California licensed attorney and tax professional. His tagline is your gay best friend here to help you get your legal and tax shit legit. Braden works primarily with service based, creative small business owners through his courses where he educates on contracts, business entities, cash flow, systems and taxes. Connect with Braden Drake: Website  Instagram Facebook Twitter Pinterest Podcast Book What’s new with LuAnn Nigara luannuniversity.com http://www.luannnigara.com/cob Get The Goodies! For checklists, resources, and extra goodies from A Well-Designed Business sign up for free here. To Get on LuAnn’s Email List, text the word designbiz to 444999! Purchase LuAnn’s Books Here: Book 1: The Making of A Well – Designed Business: Turn Inspiration into Action Book 2: A Well-Designed Business – The Power Talk Friday Experts Pre-Order Book 3: A Well-Designed Business – The Power Talk Friday Experts Volume 2 Connect with LuAnn Nigara LuAnn’s Website LuAnn’s Blog Power Talk Friday Like Us: Facebook | Tweet Us: Twitter | Follow Us: Instagram | Listen Here: Podcast A Big THANK YOU to Today’s Podcast Sponsor: Revel Woods: your source for premium hardwood and resilient flooring. Using the Revel Woods selector tool, you’ll be able to find curated suggestions for your project catered to your client’s home. When you sign up for a free professional membership, you’ll get access to exclusive discounts and referral benefits. Visit revelwoods.com to get started.

Transcript

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0:00.0

Hey, are you getting ready for Thanksgiving? Maybe you're hosting and you're busy getting all of your dishware organized and your menu organized. Or maybe you're like me. You're at the season where you just get to ring the doorbell with a pie in your hand, right? Either way, I hope you are planning to spend some quality time with friends and family, whether that means it's a big,

0:21.1

raucous crowd and lots of carrying on or downtime. Either way, I'm wishing you a happy

0:26.5

holiday season. And, you know, what happens after Thanksgiving, we have Black Friday.

0:31.6

And on Black Friday, Luann University is officially opening registration. And here's the thing. Because it's Black Friday,

0:39.2

we got some Black Friday deals for you. All right, first of all, let me explain this. Early Bird for

0:44.0

Luann University is open from November 29th through December 31st, 2024. So that is the entire early bird

0:52.4

period. And during the early bird period, you get two bonuses.

0:57.2

Number one, you get the early bird pricing.

0:58.8

But you also get, if you buy, whether you buy a five-week course or a three-hour intensive,

1:05.2

if you purchase and register during the early bird period, you are going to be enrolled in the workshop that

1:13.4

Amber DeLegarza and I are hosting together live. It's called Success by Design. Strategic

1:20.6

Goal Setting meets Time Mastery. Okay. So this is going to be a live workshop. It is going to happen in real time on january second

1:30.4

twenty twenty five and we're going to spend part of the time mapping out how do you set your goals

1:37.1

what do you do how do you decide if it's a legitimate goal if it's a reach goal if it's a too easy

1:43.2

of a goal what should your goals be?

1:45.5

And then Amber will take over and she will help us figure out how to carve that time in our

1:52.9

work life to work on our business. Okay. So it's managing the expectations of the hours

1:59.6

you have available so that you can get it all done.

2:02.3

So this is going to be a fantastic class that you are going to take real time and ask us real questions.

2:08.5

Okay, so those are two bonuses that you get if you sign up any time during the early bird period,

2:14.3

November 29th to December 31st.

2:16.4

But there is an extra bonus if you sign up during

...

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