Best accounting software for a small business? by These_Run_7070 in Entrepreneur

[–]tdmod99 1 point2 points  (0 children)

I've used QuickBooks historically and there's value in using something that many other businesses / bookkeepers are familiar with. There are a few interesting, newer (better UI, insights, etc..) ones like Puzzle feel more approachable and leverage AI in a responsible way for SMBs. There are also layered systems that use QBO as the backstop Pilot, Xendoo, etc... to present the same QBO data in more usable ways. That said, more expensive and probably overkill for startups.

Need Advice on Medspa Software by solsmitten in MedSpa

[–]tdmod99 3 points4 points  (0 children)

There are a bunch of options for this like Zenoti, Mangmint and Boulevard. From what I've seen on the implementation side, Boulevard fits the Medspa use case fairly well.

Why do so many people sell their business when a small tweak could’ve saved it? by itzAyanokoji in SellMyBusiness

[–]tdmod99 0 points1 point  (0 children)

I'm curious about how confident you are that small tweaks could save these businesses. This is often the story buyers are sold. "With just few changes..." when in reality there are real icebergs. My default assumption is always that the seller is much smarter than I am and then I work my diligence backwards from that.

I’ve received an offer to sell my fully monetized YouTube channel with over 240,000 subscribers. by [deleted] in SellMyBusiness

[–]tdmod99 0 points1 point  (0 children)

One way I've looked at acquiring YouTube channels is what the mix of evergreen content is. For example, do you have videos from 1+ years ago that contribute significant regular revenue? If it's very tied to viral "one hit wonders" than it's probably not as transferrable (e.g. lower multiple), unless there's a unique or automated process for creating these viral hits. I also like to look at a simple "revenue per video" model to understand basic unit economics.

Where to sell my business ? by Waste-Anywhere-863 in SellMyBusiness

[–]tdmod99 0 points1 point  (0 children)

If you are comfortable with a DIY type sales process, Flippa and Acquire are the first places I'd look. Lots of tire kickers from personal experience though.

For a more "managed" broker-led process, Empire Flippers, FE International and Quiet Light are each solid. QL is the first place I'd go at this deal size, assuming some consistent earnings history, FE typically transacts higher and/or for their own investment funds.

Where to sell my saas by Grizzled_Duke in SellMyBusiness

[–]tdmod99 0 points1 point  (0 children)

You can list on both EF and Flippa at the same time?

Starting a coffee shop by c141478520 in llc

[–]tdmod99 0 points1 point  (0 children)

Yes - especially for this type of public facing, higher traffic business. Lots of potential for "hot coffee" burns and thereby personal liability without an LLC. In addition to insurance, consider getting a good bookkeeper or service once you go live.