Starting a Business with Katy Stevick - S2E12

In this episode, Katy Stevick shares her expertise on transitioning from military service to entrepreneurship, covering financial planning, business startup strategies, and resources tailored for military families and veterans.Chapters00:00 Introduction to Business After Military Service03:48 Understanding the Purpose of Your Business06:41 Financial Preparation for Business Launch10:05 Navigating Income Fluctuations as a Business Owner12:52 Setting Realistic Expectations for Business Success15:42 Retirement Planning for Business Owners18:58 Evaluating Business Viability and Exit Strategies21:43 Utilizing Resources for Business Startups24:59 Advice for Transitioning Service Members27:55 Conclusion and ResourcesKey TopicsTransition from military to entrepreneurshipFinancial planning for business ownersResources for military families and veteransLinksKaty’s Firm: https://www.alignfinancialplanning.com/Katy’s Bed & Breakfast in Fayetteville: Macpherson House https://www.macphersonhouse.com/Military Spouse Employment Partnership:  https://msepjobs.militaryonesource.mil/msep/MySECO:  https://myseco.militaryonesource.mil/portal/Operation Retirement Readiness:  www.operationretirementreadiness.comSchedule a consultation with Mike: https://nextmissionfinancialplanning.com/contact/ Schedule a consultation with Amy: https://www.instarfp.com/contactDisclaimer: This podcast represents the views of the hosts and any guests. It is for informational purposes only and should not be considered tax, financial, or legal advice. All information is regarded to be from reliable sources. The hosts are not responsible for any losses, damages, or liabilities that may arise from the use of this podcast. This podcast is not intended to replace professional, individualized advice.