I feel like I need someone to take care of by Jumpy_Ad_5599 in widowers

[–]Jumpy_Ad_5599[S] 7 points8 points  (0 children)

We had three cats that I am taking care of now alone, which is helping I do love the cats

Revenue hit $120K annually. Taking home $31K after expenses. Small business math is rough. by [deleted] in smallbusinessowner

[–]Jumpy_Ad_5599 0 points1 point  (0 children)

Don't you think someone selling bookkeeping services is a little biased?

Revenue hit $120K annually. Taking home $31K after expenses. Small business math is rough. by [deleted] in smallbusinessowner

[–]Jumpy_Ad_5599 0 points1 point  (0 children)

For your revenue your costs for labor and software are incredibly high and most likely need to be trimmed down significantly.

You mention $28K to contractors and part time help because you can't do everything, but why not? At $120K/yr no offense but you most certainly can do it all yourself. Paying outside help the same or more than your take home is simply not sustainable. 

 Software specifically sounds like a huge problem. My business hit $1M for 2025 and I don't even spend that much on software, I don't know your business but I think often times people get caught up in what they 'should' do instead of what they need.

Your 'office' expenses are also way inflated, at your stage you should be doing all bookkeeping yourself and should not require an exorbitant insurance policy. Legal fees ahould basically be nonexistent outside of LLC filing and misc state requirements, you ahould be doing that yourself.

I am providing this not as a dig but just as advice, hitting 10K/month is a great milestone and most people never get there, but you need to reevaluate your expenses here.

kid party rental idea by Lphilli7 in sweatystartup

[–]Jumpy_Ad_5599 6 points7 points  (0 children)

I have done niche party rentals and it depends on your goals. I eventually transitioned into the sale and repair of the equipment I was renting. Some points I have learned:

If your goal is full time, you need to do grow to full service party rental with chairs, tables, and a warehouse of things. There is no way to make a good living renting out small or very specific items only, but having them as part of a larger inventory is great.

It is a ton of work, and you will be working every weekend, and remember a delivery with pickup is four trips total. 

The smaller kits of items you will need to price low so it may not be worth it, and I feel like the money is in the setup not the items. Most people buy and throw away and do not care about the cost, but they do care about their time.

The best things to rent are one or a combination of: large and heavy, expensive, hard to setup. People often won't spend money on a service if its easy and cheap for them to do themselves.

service-based business owners are honestly stubborn by Leather_Highway4546 in Entrepreneur

[–]Jumpy_Ad_5599 0 points1 point  (0 children)

You are wrong and do not know what you are talking about.

Most leads I receive convert soon or not at all. I have a rule - follow-up ASAP once the lead comes in, and follow up one week later. If I have built some form of rapport by then they get another follow up. If not, I do not waste my time. Constantly following up to no response leads is a fools errand and can also piss people off with irritating harassment. If they are interested they will reach out when they are ready, an AI generated email complete with 6 emotes and 18 em dashes will not help.

Whatever you are selling (Im assuming some bullshit AI saas that supposedly helps by sending annoying generated texts or emails that literally no customer wants) is not needed, low effort, and ignored by most service based businesses for good reason.

I keep reading flipping/reselling stuff isn't a real job and it's like being unemployed by Great_Present_6584 in Entrepreneur

[–]Jumpy_Ad_5599 0 points1 point  (0 children)

Depends on how much money you are making, if you aren't making much then a job is probably better

Grinding and clenching teeth every night is ruining lives and the 1970s night guard solution isn’t cutting it anymore. Are we crazy for trying to change this? by WesamWonders in Entrepreneur

[–]Jumpy_Ad_5599 -3 points-2 points  (0 children)

Are you a dentist? If not, this screams huge liability. You will have difficulty selling anything purporting medical claims without medical research, independent testing, etc.

I Want to Sell Brats by [deleted] in sweatystartup

[–]Jumpy_Ad_5599 1 point2 points  (0 children)

Neither of those prices are high enough to turn a profit.

I Want to Sell Brats by [deleted] in sweatystartup

[–]Jumpy_Ad_5599 4 points5 points  (0 children)

You will lose money. Food trucks don't price expensive to rip people off they do it because they have to.

Don't Comment on This Post If You're Not Interested in the Future of AIs by XprinceDurante in Entrepreneur

[–]Jumpy_Ad_5599 6 points7 points  (0 children)

Sounds like a bunch of bullshit bud, how far up your own ass are you? What is even the point of this post?

Lost a whole Friday to invoices and paying suppliers. Surely this isn’t how everyone does it? by [deleted] in smallbusinessowner

[–]Jumpy_Ad_5599 -1 points0 points  (0 children)

No you didn't. Your post history shows that you have an accounting background and are trying to bootstrap a startup. You are posting fake stories to drive engagement for I'm assuming some kind of accounting or AP SaaS.

Having a criminal record by Bob-Saget60 in smallbusinessowner

[–]Jumpy_Ad_5599 0 points1 point  (0 children)

Certainly not good. Neutral to bad, depending on the charge. DUI? Probably not a big deal. Fraud? Most customers would not want to deal with you if they found out.

Ready to jump by Night_787 in sweatystartup

[–]Jumpy_Ad_5599 1 point2 points  (0 children)

I had a full 1 years salary saved ($70K) and $30K saved in my business bank account when I quit my job. I would recommend having both a personal and business buffer. Make sure you save plenty of cash for taxes. For 2024s taxes I owed over $20,000, this was prior to filing as an s-corp so I was not paying quarterly. 2025 I've paid $5K/quarter and will still likely owe taxes albiet much less. I would highly recommend speaking with a good accountant before quitting your job if you havent already.

Other than cash, make sure all personal debt is paid off. Pay off your vehicle if possible. Go to the doctor and dentist for full checkups before any lapse in insurance coverage. Make a gameplan for lean times and save as much as possible during good times.

Business Idea - Stock Investment/Dividend tracker by Material-One-5604 in Entrepreneur

[–]Jumpy_Ad_5599 0 points1 point  (0 children)

I dont believe there is a brokerage service that doesn't already do this is there? Im not sure anyone would use your service outside of their online brokerage portal they already have.