Sonabank P.O.W.E.R. Plug Podcast for Women in Business
About This Show
Are you a woman who wants to charge up her business? You’re in the right place! This is the P.O.W.E.R. Plug Podcast by Sonabank where we believe in the Potential of Women Entrepreneurs Realized – and all women with an entrepreneurial spirit. In each episode host Mary Foley talks with women in business who shares their practical advice, tools and tips to help build your business and keep you energized!
Most Recent Episode
Sonabank POWER Plug: Impact of Choosing the Right Business Entity
3 days ago
Which business entity should you choose to start a business and why? Sole Proprietor? Limited Liability Corporation? C Corp? When should you change your entity as your business grows? How have the new tax laws impacted business tax rates? Know the answer is key. Choosing the right business entity directly impacts how much tax you pay and legal liability. In this episode, host Mary Foley talks with Joye Sistrunk, Principal/Founder of Premier Group Services (PGSI), a Certified Public Accounting and Management Consulting firm in Lanham, MD. As she and her team helps business owners, she finds again and again that business owners need to figure out the best entity for their business as they grow and change. Listen and learn: Exactly what is a “business entity” The difference between a Sole Proprietor, LLC, S Corp, C Corp, and B Corp How to decide which business entity is the best when you start and as you grow How the new tax laws have made C Corps the lowest corporate tax rate in over 100 years The financial and legal impact of choosing the right business type – and the wrong one The biggest mistake and misunderstandings business owners make regarding business entities