Episode A1.012 (NA) Season 2 Finale

IBGR - RESULTS Radio Network. Everything a business owner needs to start, grow or exit a business. COME GROW WITH US.

Introduction
Congratulations! You have decided to move forward with your idea. Now what? Now it’s time to get your idea out of your head and into the real world. Over the past 10 weeks in the Stage I Finance block, we explored the steps you must consider before “Going Live.” Today is a review of the key areas you will want to focus your time and attention on before moving to Stage II.

Every show this past season was a step-by-step checklist of sorts for your business’s financial preparedness. Healthy finances are the key to operating any sustainable business and the common denominator between success and failure when you open our doors at the next stage of business growth - the stage 2 startup stage. All of this past season’s shows are available on demand as a podcast in our Community of Commerce located on our website at ibgr.network under the Join Us tab. 

It’s hard to believe that we are now in 126 countries world-wide, all within our first 2 seasons or 5 months of broadcasting. Entrepreneurs and owners in 65% of the global business community are tuning in daily - thank you.​
 
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There are several ways you can interact with the station and our OnAir Hosts:

• Pulsating ? on every page. It is a direct link to the Host and they will respond to your question during the show;
• Hit us up on social media - Facebook, Instagram, LinkedIn, and Twitter. Our handle is ibgrnetwork;
• JOIN our Community of Commerce and become an insider with direct access to our Hosts and support materials discussed on the show. ​

​JOIN our Community and Let’s Grow Together!


Have a great business week.
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Listen>Apply>Engage


Show Objective
The focus of today’s show is to go over a synopsis of each show from this past season. Make a note of the shows you want to listen to on the podcasts and then make time to make it happen! As always, our team of onAir talent is here to support you. Be sure to connect with us in the Community of Commerce and let’s get the conversation started!

Take a look at the programming topics covered in this stage of business development (Operations, Customers, People) and pick which shows you feel need your attention. Our first four days of programming focus on what is called a Balanced Scorecard. I highly recommend you also add the Friday show called Owner as Executive to your listening list as well and if time permits, you will want to begin listening to shows in our startup track so you have your strategies in place one you open your doors. 
 
Key Issues - Your Checklist

1. Business Financial Terms
2. Writing a Business Plan
3. Registering with Country, Federal and Local tax organizations
4. Licenses and Permits
5. Business Insurance
6. Tax and Money Management Systems
7. Recording Keeping Basics (Monthly, Quarterly, Annual schedule)
8. Business Deductions
9. Reading the Metrics
10. Your Next Steps

What You Need to Know
*  We’re talking about what it takes to make a successful business, or what you need to go live with your business as you research what needs to happen before opening your doors for the first time. What you need to know has been laid out for your step by step in our previous shows. 

• EPISODE A1.002 WRITING A BUSINESS PLAN
• EPISODE A1.003 BUSINESS FINANCIAL TERMS
• EPISODE A1.004 REGISTERING WITH COUNTRY, FEDERAL AND LOCAL TAX ORGANIZATIONS
• EPISODE A1.005 LICENSES & PERMITS
• EPISODE A1.006 BUSINESS INSURANCE
• EPISODE A1.007 TAX & MONEY MANAGEMENT SYSTEMS
• EPISODE A1.008 RECORDING KEEPING BASICS (MONTHLY, QUARTERLY, ANNUAL SCHEDULE)
• EPISODE A1.009 BUSINESS DEDUCTIONS
• EPISODE A1.010 READING THE METRICS
• EPISODE A1.011 YOUR NEXT STEPS

What You Need to Do:

1. Create a 30-day roadmap to starting a business
2. Start with a Lean Plan but apply Agile practices
3. Set Milestones and goals
4. Don’t Make This a Hobby
5. Act Like A Big Company even When You Have No Employees
6. Start Generating Revenue
7. Listen, learn and apply at ibgr.network and join the Community of Commerce for support

Previous Show:Episode A1.011 Reading the Metrics
Next Show: Season 3 Premiere featuring the show Money Matters with Kash the Bookkeeper


Written by Donna Kunde

* I am not a CPA and the recommendations given in this show do not constitute legal or financial advice. Seek professional advice for all legal and financial matters. 

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