Main Street Business

In this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen delve into how business owners can properly form an LLC. Together, they walk you through everything from selecting the ideal state for your LLC to dispelling misconceptions and providing professional tips on LLC setup, safeguarding assets, tax planning, and beyond!

Here's what you can look forward to:

Mark and Mat highlight the significance of selecting the appropriate state for setting up your business entity.Emphasize the need to consider employment issues and operational locations when deciding on the state.Unpack...

In this episode of the Main Street Business Podcast, host Mark J Kohler shares an insider's perspective on becoming a successful Tax Advisor. Mark maps out the process, reveals the untold benefits and dispels the common myths of advisory services, and encourages you to take the next step.

Here are some of the highlights:

Mark urges you to set goals, establish their motivation, and self-evaluate before making the leap into advisory.Mark maps out the technical training steps: becoming a certified tax advisor, enrolled agent, and training on tax return preparation.Emphasizes the need for street-smart...

In this episode of the Main Street Business Podcast, host Mark J Kohler delves into the eight common blunders that new investors make when acquiring their first rental property. Learn valuable tips on how to sidestep these errors and set yourself up for a prosperous rental experience.

Here's what you can look forward to:

Mark highlights the significance of tracking expenses from the start to classify them as startup costs. Emphasizes the need for a proper LLC for asset protection when owning a rental property.How to set up a separate bank account for the LLC t...

In this episode of the Main Street Business Podcast, host Mark J Kohler interviews Jeffrey Hayzlett, a renowned business advisor, keynote speaker, and global business celebrity. Today, Jeffrey shares his most important business learnings after 26 years and over 200 businesses being bought and sold.

Here's what you can look forward to in this episode:

Jeffrey discusses how his journey in business leadership led him to becoming a celebrity judge on NBC's 'Celebrity Apprentice'Mark and Jeffery talk about the importance of content creation and media presence in modern business. Jeffrey introduces the "Hero Factor", explaining how v...

In this episode of the Main Street Business Podcast, Mark J Kohler shifts the idea of buying a car strictly for the write-off into reverse and emphasizes the importance of having a vehicle that aligns with your business needs.

Here are some of the key points that Mark unpacks:

A breakdown of the pros and cons of business owners buying a vehicle. An in-depth discussion on when it is suitable to buy a vehicle for business purposes to leverage tax benefits.The significance of ensuring the business can support the deduction for the vehicle.Example scenarios i...

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen explore the foundational aspects of business creation with their expert guidance. Mark and Mat highlight the key aspects of starting a business and present a well-defined strategy to initiate your entrepreneurial endeavor.

Here's what you can look forward to:

Emphasis on focusing on essential information for a one-page business plan.Importance of outlining crucial items before diving into business activities.A detailed breakdown of the six key components of a one-page business plan.How to craft a concise elevator pitch...

In this episode of the Main Street Business Podcast, host Mark J Kohler welcomes Main Street influencer, Max Merritt, to unpack how student athletes can manage NIL income by forming an LLC. Together, they break down the key strategies and tax advantages available for NIL athletes into four easy sections.

Here's what you can look forward to:

Mark and Max highlight the importance of structuring yourself as a business entity, such as an LLC, for tax planning purposes.They emphasize the need for professional advice when setting up the business entity to ensure proper tax strategies...

In this episode of the Main Street Business Podcast, Mark J Kohler welcomes Rick Jordan, founder of ReachOut Technology, to discuss the ins and outs of cybersecurity and how small businesses can shield themselves from cyber threats.

Here's what you can look forward to in this episode:

Rick shares the background and milestones of his cybersecurity journey.He highlights the importance of staying on the cutting edge of cybersecurity for enrolled agents.Rick gives an in-depth look at automated tools and procedures used to detect and respond to cyber threatsHe provides the key strategies behind designing...

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen provide insights and tips specifically geared towards those with a side hustle. They dive into a wide range of topics, from tax planning strategies to the importance of claiming all income.

Here's what you can look forward to:

Detailed advice on preparing your tax return, particularly when dealing with a 1099 for the first time.The importance of claiming all income, whether it comes with a 1099 or not, to avoid potential issues with the IRS.Tips on maximizing your tax write-offs...

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen welcome renowned entrepreneur and industry leader, Joe De Sena. 

Together, they unpack Joe’s journey to building Spartan, a powerhouse endurance sports brand, and how business owners can overcome obstacles in order to achieve the same level of success.

Here's what you can look forward to in this episode:

Joe shares the origin story of the Spartan race concept and its evolution over time.Joe discusses the impact of participating in Spartan races for individuals and business teams.He...