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The BUTT Framework: Building a Sellable, Protected Painting Business

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Manage episode 504697959 series 3477538
Content provided by Daniel Honan, CPA, Daniel Honan, and CPA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Daniel Honan, CPA, Daniel Honan, and CPA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Send us a text

Worried about protecting the wealth you've built in your painting business?

In this episode of the Profitable Painter Podcast, Daniel Honan (CPA, former painting business owner) and Richard Dunton (Enrolled Agent) reveal the exact framework to shield your assets, slash your tax bill, and secure your legacy.

You'll learn the "Cover Your B.U.T.T." framework to defend your business and family wealth:

  • Built to Sell: Discover how to calculate your business's true value (even if you never plan to sell!) and the #1 risk that slashes your valuation by 3x.
  • Untouchable Assets: Learn legal strategies to protect your assets from lawsuits, creditors, and bad actors. Are your personal assets on the line?
  • Tax Planning: The IRS is your biggest expense. Uncover 12 powerful tax strategies used by profitable painting businesses to keep more of what you earn.
  • Transfer Wealth Wisely: Ensure your estate passes to your family efficiently and avoid the bureaucracy of probate. It's not just for the ultra-wealthy!

If you're growing successfully but worried about becoming a target, or if the thought of a complex tax or legal situation keeps you up at night, this episode is your essential guide to peace of mind.

FREE BOOK & LIVE WEBINAR INVITE!

This episode is a sneak peek into Daniel's new book, "Profitable Painter," which is releasing on September 8th.

You can get a FREE copy of the book + a valuation calculator + exclusive resources by joining our LIVE Book Launch Webinar!

Date: September 9th
Time: 9:00 AM Pacific / 12:00 PM Eastern
Where: ZOOM

Register here NOW: https://profitablepaintercpa.com/webinar

At the live event, we'll dive DEEPER into building untouchable assets and strategic tax planning. You'll get the book for free and other special gifts. Don't miss it!

Subscribe to The Profitable Painter Podcast for more weekly strategies on mastering your numbers, boosting profits, and building a business that works for you.

  continue reading

Chapters

1. Welcome to Profitable Painter Podcast (00:00:00)

2. The BUTT Framework Introduction (00:01:30)

3. Built to Sell: Valuing Your Business (00:04:31)

4. Untouchable Assets: Protecting Your Wealth (00:09:14)

5. Tax Planning and Wealth Transfer (00:13:03)

6. Book Launch Announcement and Closing (00:17:28)

176 episodes

Artwork
iconShare
 
Manage episode 504697959 series 3477538
Content provided by Daniel Honan, CPA, Daniel Honan, and CPA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Daniel Honan, CPA, Daniel Honan, and CPA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Send us a text

Worried about protecting the wealth you've built in your painting business?

In this episode of the Profitable Painter Podcast, Daniel Honan (CPA, former painting business owner) and Richard Dunton (Enrolled Agent) reveal the exact framework to shield your assets, slash your tax bill, and secure your legacy.

You'll learn the "Cover Your B.U.T.T." framework to defend your business and family wealth:

  • Built to Sell: Discover how to calculate your business's true value (even if you never plan to sell!) and the #1 risk that slashes your valuation by 3x.
  • Untouchable Assets: Learn legal strategies to protect your assets from lawsuits, creditors, and bad actors. Are your personal assets on the line?
  • Tax Planning: The IRS is your biggest expense. Uncover 12 powerful tax strategies used by profitable painting businesses to keep more of what you earn.
  • Transfer Wealth Wisely: Ensure your estate passes to your family efficiently and avoid the bureaucracy of probate. It's not just for the ultra-wealthy!

If you're growing successfully but worried about becoming a target, or if the thought of a complex tax or legal situation keeps you up at night, this episode is your essential guide to peace of mind.

FREE BOOK & LIVE WEBINAR INVITE!

This episode is a sneak peek into Daniel's new book, "Profitable Painter," which is releasing on September 8th.

You can get a FREE copy of the book + a valuation calculator + exclusive resources by joining our LIVE Book Launch Webinar!

Date: September 9th
Time: 9:00 AM Pacific / 12:00 PM Eastern
Where: ZOOM

Register here NOW: https://profitablepaintercpa.com/webinar

At the live event, we'll dive DEEPER into building untouchable assets and strategic tax planning. You'll get the book for free and other special gifts. Don't miss it!

Subscribe to The Profitable Painter Podcast for more weekly strategies on mastering your numbers, boosting profits, and building a business that works for you.

  continue reading

Chapters

1. Welcome to Profitable Painter Podcast (00:00:00)

2. The BUTT Framework Introduction (00:01:30)

3. Built to Sell: Valuing Your Business (00:04:31)

4. Untouchable Assets: Protecting Your Wealth (00:09:14)

5. Tax Planning and Wealth Transfer (00:13:03)

6. Book Launch Announcement and Closing (00:17:28)

176 episodes

All episodes

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