logo
episode-header-image
Jul 2023
31m 1s

483 – Small Business Questions & Answers

Henry Lopez
About this episode

Henry Lopez answers listener's small business questions. We have gathered some of the great questions our listeners have submitted through the podcast Listener Survey, and Henry answers these questions on this episode of the How of Business podcast.

The questions:

[1:35] - How to estimate overhead cost and operation cost when starting a business with no prior experience.

[7:07] - How do you know when and how to prepare for hiring your first assistant/virtual assistant/employee to support a solopreneur?

[12:25] - How does a startup craft a 3-year P&L that doesn't lead to over estimating sales?

[17:00] - Paths to acquiring small businesses that are not for sale. How to approach an owner and ways to get them to consider your interest in buying their business seriously?

[21:50] - Tips and tricks for staying focused on the most important tasks?

Henry Lopez is the host of The How of Business podcast – helping you start, run and grow your small business. The How of Business is a top-rated podcast for small business and entrepreneurs. Find the best podcast, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com  

Up next
Nov 17
588 – Bookkeeping Essentials with Jodi Arrant
<p class="MsoNormal"><span style= "color: #131313; border: none windowtext 1.0pt; mso-border-alt: none windowtext 0in; padding: 0in;"> Bookkeeping essentials for small business with Jodi Arrant, including best practices, and the biggest mistakes to avoid in small-business bookkee ... Show More
34m 24s
Nov 10
587 – Eisenhower Matrix Prioritization
How to use the Eisenhower Matrix to cut through chaos, focus on what truly matters, and make faster, smarter decisions as a small business owner. Show Notes Page: https://www.thehowofbusiness.com/587-eisenhower-matrix-prioritization/ Feeling overwhelmed by your never-ending to-do ... Show More
16m 14s
Nov 3
R393 – Rethinking Hourly Worker Motivation
Motivating hourly employees starts with a mindset shift. To do it well, it requires rethinking how we lead, communicate, and create purpose for hourly workers. Show Notes Page: https://www.thehowofbusiness.com/r393-rethinking-hourly-worker-motivation/ Host Henry Lopez and his ori ... Show More
42m 14s
Recommended Episodes
Jul 2025
Financial Processes That Scale with Jason Kruger
Are you confident your business is as profitable as it should be? In this insightful episode of Accelerate Your Business Growth, host Diane is joined by Jason Krueger—partner at Citrin Cooperman and former Deloitte audit manager. With over twenty years of financial expertise, Jas ... Show More
31m 48s
Jan 2025
Episode 485: Do you invest in yourself?
<p>You're working hard, but it feels like you're getting nowhere.</p><p>What if the problem isn’t your business—it’s that you’re not investing enough in yourself?</p><p>In today’s episode, Fiona Killackey talks about why small business owners often neglect their own growth. She s ... Show More
10m 19s
Nov 12
353: What High Performing Business Owners Do Differently Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer Accountant Bookkeeper Or Self-Employed
<p>As a business owner, you want to maximize your potential, both in your finances and in your personal growth.  Learning how to invest in yourself so that you can become a better business owner is essential to not only your growth but the growth of your business as well.  When y ... Show More
14m 14s
Apr 2025
How To Turn Podcast Guesting Into Profit with Beth Nydick
Do you think media exposure will grow your business? THINK AGAIN. In this episode, I sit down with Beth Nydick, a former TV producer turned media strategist, to talk about how to actually turn visibility into cash. She shares what you need to do behind the scenes to make exposure ... Show More
1h 6m
Jan 2025
Episode 484: Loneliness and small business
<p>Group Coaching is officially open for 2025! Apply now at <a href="/www.mydailybusiness.com/groupcoaching" target="_blank">mydailybusiness.com/groupcoaching</a></p><p> </p><p><strong>Feeling lonely in your business? You’re not alone.</strong></p><p>In this episode of <i>My Dail ... Show More
38m 50s
Jul 2024
Local businesses to start with NO startup costs
Join us for an insightful conversation with Jonathan Courtney, Co-Founder and CEO of AJ&Smart, as we dive deep into the mindset required for entrepreneurial success and we reveal two promising startup ideas. At the beginning of the episode, we discuss strategies to avoid burnout ... Show More
1 h
Jul 2023
Cashflow Issues for Startup Engineering Business
<p>Welcome to the Business Broadcast <span class= "il">Podcast</span>! Each week James brings on the show an entrepreneur who shares their biggest challenges and struggles in business.</p> <p>James coaches the business owner through these challenges by asking those hard hitting q ... Show More
26m 56s
Oct 13
Episode 559: Are you actually better than you let yourself think in small business?
<p>Get your 2026 sorted with 1:1 business coaching packages from <a href="https://www.mydailybusiness.com/shopnow/p/business-coaching-laser-session" target="_blank">a one-off session</a> to <a href="https://www.mydailybusiness.com/shopnow/p/business-coaching-6-month-package" targ ... Show More
16m 11s
Oct 6
Episode 557: How to maintain friendships as a small business owner
<p><strong>In this episode you'll learn:</strong></p><ul><li>How to maintain meaningful friendships when you transition from employee to business owner, especially when your friends were former colleagues</li><li>Practical strategies for redefining "regular" contact - why quarter ... Show More
16m 32s
Sep 19
MBA2679 How To Set Up a Business for Success
<p>You’ve made a few sales, the idea’s got traction, and now you’re asking yourself what comes next. Turning a side hustle into a real business can feel overwhelming, especially when you're trying to avoid unnecessary costs or paperwork too soon. If you're ready to build somethin ... Show More
19m 12s