How to Become a Financially Free Entrepreneur

It takes money to start and grow a business. It takes planning to achieve financial freedom. This is the reason why planning your financial strategy as soon as possible is so important as an entrepreneur. When you become financially free, you can have that peace of mind, mental focus, and determination to do what you love to do without worrying about your future. In this seminar, Expert Financial Wellness Educator, Lea May Majer, PD, of Majer Investments, will discuss the following topics:

· Finding freedom, personal success story
· Initial concerns: money reserves, debt, legalities
· The “look” of financial freedom for business owners
· Independent Contractor vs. Employee
· Tax benefits of 1099
· Health benefit options
· Life insurance – term vs whole life
· Retirement – options: 401K, SEP IRA, Solo 401K
· Benefit of deductions as a business owner
· Options for savings – municipal bond funds
· Debt consolidation
· Credit score for best interest rates
· Legal Protection Services
· Invest to avoid taxes
· Essential accounts for entrepreneur
· Second stream of income for business start-ups

This seminar is organized by the Ohio Small Business Development Center at Lakeland Community College.

This seminar training takes place in person at Lakeland's Holden University Center. Registration deadline is Wednesday, September 14, 2022 at 1pm.