Understanding the fundamentals of business planning is essential for entrepreneurs to set their ventures on the path to success

By familiarizing your business owner clients with these fundamentals – including types of business entities, taxation processes, employee compensation strategies, and future planning considerations – you can help them make informed decisions, maximize their resources, and navigate the evolving landscape of entrepreneurship.

Join Jordan Skog, Advanced Markets Director with Allianz Life, as he covers business planning fundamentals, including

• An overview of the different types of available business entities
•  How the income and expenses for these businesses are taxed to the business and/or its owners
•  The importance of employee compensation strategies
• Why planning for the end or next stage of the business can be important.