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Service Academy Business Mastermind


Jul 1, 2022

“All of this is very easy to do if you form a relationship with a firm like ours very early because we can crawl with the business, we can walk with the business and then run with the business as it goes from the idea phase to the startup phase to the growth phase…depending on where you are and how mature your business is, you can always reevaluate strategy, you can always identify what the strategy is and optimize it and tweak things, and you can always do maintenance on a partnership...we want to be in long-term relationships with our clients.” 

- Chris Czaplak (USNA ‘00)

 

Chris Czaplak is an experienced litigator and former engineer who leverages 20 years of leadership and crisis management experience in the military to solve the most complicated business problems and tailor solutions to his clients’ needs. As a Partner at The Precept Group–a boutique firm working at the intersection of law, accounting and finance–Chris helps entrepreneurs create and implement efficient and effective legal and financial systems for their companies, empowering them to focus on what they love doing most.

In this episode, we discuss:

  • What sparked Chris’ interest in law
  • How The Precept Group helps clients optimize tax, legal and financial strategies
  • Expert tips on how to optimize the tax and legal structure of your business 
  • The right ways to balance your business and personal finances 
  • The advantages and differences between LLCs, S-Corps, C-Corps and much more!

Chris shares so much knowledge and information in this episode. If you’re a business owner, you won’t want to miss it! We learned a lot from Chris about how to manage everything from active and passive income streams, revocable trusts, retirement accounts and so much more. We’re grateful to have Chris in our community and look forward to continuing to learn from his wealth of knowledge.

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Special thanks to Chris for joining me this week. Until next time!

-Scott Mackes, USNA ’01