Hustle-Free Entrepreneur
Welcome to The Hustle-Free Entrepreneur, the go-to podcast for event industry professionals and service-based business owners ready to ditch the hustle mindset and build sustainable, efficient businesses.
Join us as we pull back the curtain on the unsexy side of entrepreneurship—think systems, processes, and back-office strategies that move the needle. Through expert interviews, actionable tips, and candid conversations, you’ll learn how to master running your business to focus on growth, profits, and living life on your terms.
Whether you’re an event planner, venue owner, caterer, or solopreneur in any service-based field, this podcast is your ultimate resource for business success.
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Hustle-Free Entrepreneur
Is the OBBBA a Win or a Warning for Event Business Owners?
In this episode of Hustle Free Headlines, we're breaking down the One Big Beautiful Bill Act (OBBBA) and what it really means for event industry business owners. From expanded tax deductions to new expensing limits, this bill could have a major impact on how you plan, spend, and save.
But it’s not all good news—there are real risks and hidden challenges, especially for solopreneurs, part-time event pros, and those relying on public healthcare.
Whether you’re a venue owner, event planner, or rental business operator, this episode will help you cut through the noise and make confident, strategic decisions for your business.
What You'll Learn:
- What the OBBBA actually is (and why small business owners should care)
- How the 23% tax deduction for pass-through businesses affects event pros
- The benefit of higher Section 179 expensing limits for equipment and venue upgrades
- Why Medicaid cuts and a growing national deficit could raise costs for small businesses
- Real-world industry stats on revenue, profit margins, and owner earnings
- 4 action steps to prepare your business and leverage the new law
Key Stats Mentioned:
- U.S. event planning firms generate $6.9 billion annually
- Average event business revenue: $73,000/year
- Net profit margins range: 10–20%
- Venue businesses average $1.5 million/year in revenue
- New QBI deduction rate: 23% (was 20%)
Timestamps:
- 00:00 Introduction to the One Big Beautiful Bill
- 01:03 Current State of the Event Industry
- 02:33 Benefits of the One Big Beautiful Bill
- 06:24 Challenges and Limitations of the Bill
- 10:59 Strategic Actions for Event Businesses
🔗 Resources & Links:
- Event Industry Statistics Source
- U.S. Chamber of Commerce – OBBBA Summary
- IRS Section 179 Info
- Master Bookkeeping Solutions
- "5 Days To Sales" free resource
- Gifted and Talented LLC Tax Services
Connect + CTA:
💡 Ready to see if your event business is set up to win under the OBBBA?
📩 DM us "OBBBA" on Instagram @greeneyedambition for a free system assessment.
🎙 Thanks for tuning in to the Hustle Free Entrepreneur Podcast!
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🚀 Ready to streamline your business and ditch the hustle? Grab my free resources at https://stan.store/greeneyedambition.
📲 Let’s Connect!
📌 Instagram: @greeneyedambition
📌 Website: greeneyedambition.com
Until next time, keep building smarter—not harder!
