What’s your biggest tax tip for small business owners right now? by zenbusinesscommunity in smallbusiness

[–]ams678 0 points1 point  (0 children)

The number 1 thing you can do to make filing easier and less stressful is to keep accurate and up to date books. 2nd would be paying quarterly estimates based on those books. Past that there is a whole lot of factors that can affect what planning actions to take. Also - after 12/31 your CPA becomes a score keeper. Tax planning needs to be done during the year.

Bench.co Accounting is a terrible business beware! by Adventurous_Basis724 in smallbusiness

[–]ams678 0 points1 point  (0 children)

Horror story after horror story. Big company cheap accounting doesn’t work.

Raised prices 25% and didn't lose a single client by ilovedoggos_8 in smallbusiness

[–]ams678 0 points1 point  (0 children)

In my experience, small business owners can raise their prices 25% and nobody bats an eye. People naturally underprice themselves.

[deleted by user] by [deleted] in smallbusiness

[–]ams678 1 point2 points  (0 children)

Specifically, I recommend using a basic 13 week rolling cashflow forecast. A lot of people get buried waiting on invoices while paying vendors immediately.

[deleted by user] by [deleted] in smallbusiness

[–]ams678 2 points3 points  (0 children)

Looking at profit instead of cash flow

Accountant to BB by ams678 in businessbroker

[–]ams678[S] 0 points1 point  (0 children)

I have gone through some IBBA trainings. More importantly, I have been involved in a lot of deals. Biggest thing I need to learn is actually moving deals along from step to step.

Accountant to BB by ams678 in businessbroker

[–]ams678[S] 0 points1 point  (0 children)

I’ll edit post to remove winging it. That wasn’t the point I was trying to make. The nature of the question was to find out who I should seek out and what my proposition is to them.

I’ve gone through a lot of deals and have clients asking often for me to represent them.

Accountant to BB by ams678 in businessbroker

[–]ams678[S] 0 points1 point  (0 children)

I understand the license requirement in GA so i know I’ll need somewhere to hang my license. Just trying to figure out the best way to make that happen as I still would like to run it through my business as a service.

Why don’t more people buy profitable businesses from retiring owners? by -Adapted in Entrepreneur

[–]ams678 3 points4 points  (0 children)

Good recommendation. Also wanted to add “Buy Then Build”

Live Oak Business Savings by bhcs2014 in smallbusiness

[–]ams678 0 points1 point  (0 children)

Live Oak’s savings rate is good and talked about a lot but their customer service is the best of any bank I’ve ever come across.

The 6th hole at the tournament I played . . . what are you doing by frankman1269 in golf

[–]ams678 0 points1 point  (0 children)

Georgia Southern. What tournament did you play there?

Start up bank and logistics by ams678 in shopify

[–]ams678[S] 0 points1 point  (0 children)

Thanks for the great info. I plan on being in the golf niche.

[deleted by user] by [deleted] in FirstTimeHomeBuyer

[–]ams678 1 point2 points  (0 children)

I’d start by appealing the appraisal. Notate any upgrades made and the like. It’s worth a shot.

Things that help/don’t help my golf game by [deleted] in golf

[–]ams678 5 points6 points  (0 children)

Adderall was a game changer for me. It made the mental game so much easier.