The 5 Phases of Business Ownership

If you start a business, it is likely you will go through a very common journey that most people do. The goal is to get to the end of this journey and have an actual business. This is how I think the stages of small business ownership progress. -- 📺 Subscribe to this channel - https://www.youtube.com/c/ethanroosho... -- WANT MORE OR TO WORK WITH ME: 📧 Join my Email Newsletter for FREE Tax Tips - https://www.ethanrooshock.com/newsletter 💰 My Accounting Business - https://rooshockaccounting.com.au/ 🎓 My “How to Start a Business in Australia” Course - https://www.ethanrooshock.com/how-to-... 🖥️ My Reseller Tax Spreadsheet - https://reseller-spreadsheet.ck.page/... -- MY FAVOURITE TOOLS 📈 Xero - The best small business accounting software - https://xero5440.partnerlinks.io/Etha... (Get an exclusive discount when signing up through this link) 🤑 Sharesight - How I track my Share & ETF investments for tax - https://www.sharesight.com/au/ethanro... 🔐 Summ (Previously Crypto Tax Calculator) - My favourite detailed Crypto tax tracking tool - https://cryptotaxcalculator.io/au/?fp... (Get 20% Off using the code BFF2020) 🗒️ Koinly - The easiest to get started Crypto tax tracking tool - https://koinly.io/?via=9B29D87A (Get 25% Off using the code 9B29D87A) -- ⌚️Timestamps 0:00 5 Phases of Business Ownership 0:14 Phase 1 1:10 Phase 2 3:30 Phase 3 5:48 Phase 4 6:57 Phase 5 -- CONNECT WITH ME HERE: 📷 Instagram -   / ethanrooshock   🌏 My Website - https://ethanrooshock.com/ 🐦 X (Twitter) -   / ethanrooshock   🎵 Tik Tok -   / ethanrooshock   💼 LinkedIn -   / ethan-rucioch-037b44a3   ✉️ Email - ethan@rooshockaccounting.com.au -- WHO AM I: Hey there, I'm Ethan - an accountant turned YouTuber and business owner. My goal is to empower others to build businesses that not only maximise wealth but also optimise for taxes. Join me on this channel as I delve into topics like business strategies, structuring, and tax minimisation. -- Disclaimer Every effort has been made to ensure that the information in this video is accurate. The information in this video and on this YouTube channel is for entertainment and general information purposes only. It should not be taken as constituting professional advice. You should not rely on it as financial, legal or tax advice. There are always risks in any financial decision and all decisions should be made on an individual basis. You should conduct your own research and seek independent professional advice where needed. Some of the links in this video or video description may be affiliate links. Ethan Rucioch, Rooshock Enterprises Pty Ltd, or any other related party may receive a commission through these. -- #business #businessgrowth #smallbusiness