Discover realities many new entrepreneurs overlook.

One of the most respected small business experts in the U.S., Barbara Weltman is an attorney, founder of Big Ideas for Small Business, and bestselling author of J.K. Lasser’s Small Business Taxes 2026, 500+ Big Ideas for Your Small Business, and the Home-Based Business Start-Up Guide. Called the “guru of small business taxes” by The Wall Street Journal, Barbara has spent decades advising entrepreneurs and has been featured across major outlets including The New York Times, The Washington Post, CNBC, and Fox News. 

The discussion cuts straight to the fundamentals that determine whether a new business survives. “When people start their businesses, they’re very enthusiastic,” she says. “But what I help small business owners focus on are the unfun things… tax, financial and legal matters that if you don’t do it, your business is not going to survive.” 

You’ll hear hear advice on the mistakes that show up early — poor recordkeeping, mixing personal and business finances, and misunderstanding cash flow. Barbara also reinforces a point many entrepreneurs learn too late: “Taxes are the difference between what you earn and what you keep.”

For aspiring entrepreneurs, this episode offers a clear message: much of business success depends on discipline, awareness, and getting the fundamentals right from day one. 

Big Ideas for Small Business

https://bigideasforsmallbusiness.com

Barbara Weltman on LinkedIn

Barbara Weltman’s Books

Episode ID: 1000761676545

GUID: d4d18085-b8ee-4c89-af16-57e31023a092

Release Date: 16/04/2026, 04:30:01