Roni Lynn Deutch, author of The Tax Lady’s Guide to Beating the IRS, along with debt management expert Clarky Davis and and financial guru David Bach have dispensed some vital financial tips to make your business a success.

Advice From Roni Lynn Deutch
Roni Lynn Deutch, founder of the Roni Deutch A Professional Tax Corporation, believes that allowable tax deductions are “sexy,” and business owners who understand tax deductions are “tax-sexy.” Roni Lynn Deutch offers these tips to make your business tax-sexy:
1. Dump assets that are loser stocks, then invest the cash in starting a business.
2. Use your retirement accounts as ways to borrow money.
3. Know the difference between sole proprietorships and S corporations
4. Rents are low. Take advantage of them
5. Run your business from the top down
6. Stay organized and file all receipts
7. Have a working knowledge of tax laws
8. Stay informed with at least one good tax book. (Preferably, The Tax Lady’s Guide to Beating the IRS by Roni Lynn Deutch!)
9. Hire teenagers to save money

Advice From David Bach
David Bach, author of Start Over, Finish Rich, is an expert on personal finance and how to become wealthy.
1. Pay yourself first—and that means 10 percent of each dollar earned.
2. Set up your finances on line.
3. Build wealth by using the profits from your business to buy real estate.
4. Begin with the end and have an exit strategy
5. Consider opening a franchise
6. Use the technology and the Internet.
7. Set up adequate emergency accounts

Advice From Clarky Davis
Clarky Davis, author of The Debt Diva’s Frugal and Fabulous Lifestyle Guides, is an expert on such topics as basic money management and budgeting to real-world saving tips.
1. Be prepared for the business not to make a profit for at least one year.
2. Keep overhead low and service high.
3. Be informed and know your debt options
4. If you’re married or in a relationship, make sure one partner continues to work full-time while the other starts the business.
5. Be willing to learn from others. And this includes learning from their mistakes.
6. For a last resort, borrow from your 401(k).