How to Write Off Startup Costs

Step one: Write everything down.
Reader Resource

Get the working capital your business needs–learn more about Entrepreneur Lending, powered by CAN Capital »

Knowing which startup costs you can write off is important for any business owner.

In this video, Entrepreneur Network partner Mark Kohler explains how to maximize write-offs for your startup and track them properly. 

Tracking everything related to your startup from day one is essential to get the most money back.

Once your business makes its first sale, it's no longer in startup mode. Once you're out of startup mode and making money, you can start writing off expenses.

To learn more, click play. 

Watch more videos from Mark J. Kohler on his YouTube channel.

Related: Make Cell Phone, Tech and Home Office Pre-Payments Before Year-End

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical and provides partners with distribution on Entrepreneur.com as well as our apps on Amazon FireRoku and Apple TV.

Click here to become a part of this growing video network.