Nov 13, 2019
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Are you the Right Type of Investor for your Venue Business?
The Outline for Today's Episode:
Two types of venue investors/owners - legacy and business
Is one better than the other?
Both types should enter into the business with the intent to sell
Give examples of decisions that need to be made that are influenced by the type of investor you decide to be.
Every venue owner is an investor
Legacy vs business investor - there is no right or wrong decision
Legally and financially set your business up correctly so that you’re maximizing tax breaks - hire a tax accountant if needed