Starting Your Own Business | Who Dare Go There? | A Christian Business Blueprint [Video]

Join Trent Knott and special guest, Mallory Manning, in this informative episode of “Starting Your Own Business: Episode 3 – Who Dare Go There” In this episode, they dive into the essential steps and practical advice for launching your business, emphasizing the importance of faith, hard work, and having the right motivations.

Key Points Discussed:
The role of faith and diligence in business success
Introduction to guest Mallory Manning from the accounting department
Insights on choosing the right business entity (LLC, sole proprietorship, etc.)
Practical steps for registering your business and obtaining necessary licenses
Importance of having a good CPA, lawyer, banker, and insurance agent
Tips on managing taxes, payroll, and workers’ compensation
Personal anecdotes and lessons learned from Trent’s business journey

Segment Breakdown:
00:00:00 – Introduction and Overview of Starting a Business
00:05:30 – Guest Introduction and Background
00:13:17 – Checking Name Availability and Filing Business with Secretary of State
00:15:06 – Importance of EIN Number and Opening a Business Checking Account
00:17:16 – Licensing Requirements for Business
00:20:05 – Tax Obligations and Filing Requirements
00:25:40 – Importance of Payroll Software and Quarterly Taxes
00:26:14 – Discussion on Insurance Needs for Business
00:29:09 – Building Relationships with Bankers and Importance of Communication
00:30:44 – Marketing Strategies and Importance of Parking for Business
00:33:04 – Role of HR Department and Managing Employees
00:35:36 – Closing Remarks and Encouragement for Entrepreneurship

Don’t miss this comprehensive discussion packed with actionable insights and real-life experiences. Remember to like, share, and subscribe for more empowering content. God bless! #Entrepreneurship #FaithInBusiness #businessstartup

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