Top 5 Principles of Economics for Entrepreneurs. This is a good read with sound advice for all business owners.
Tag Archives: sme
Starting a small business Part 8
What business should I start? Harking back to one of my early posts, does the world really need another __________? Fill in that blank with the type of business that you are thinking of starting. I now know that the world really didn’t another CPA firm specializing in individual tax preparation and small business accounting.Continue reading “Starting a small business Part 8”
Starting a small business – Taxes Part 1
I should be finishing a third response to the IRS for a client under audit. The response has me so angry and frustrated that I decided to start a new thread. By the way, I’ve had 3 clients get audited in 10 years of having my own firm. That’s 3 out of about 3500 taxContinue reading “Starting a small business – Taxes Part 1”
Thank You
Thanks to everyone for following, liking posts and comments. Please feel free to ask questions in the comment section and I’ll make sure to get a reply to you. Thanks again
Starting a small business Part 7
Do what you love and the money will follow. Excuse me while I wretch. I love sleeping and drinking beer. I don’t think following either of those loves will result in any success. Unless… You should be passionate about your business idea. Don’t let the passion blind you to the obvious necessities of finding customers,Continue reading “Starting a small business Part 7”
Starting a small business Part 6
Everything that I learned about marketing in college and before starting a business was WRONG. Marketing is the most important responsibility of a business owner. Read that again. You may think that you’re a mechanic, software developer, hairdresser, CPA, etc, but you’re not. You are a marketer. I didn’t understand this until I wasted a ton of money.Continue reading “Starting a small business Part 6”
Do a Ton of Homework Before Writing a Business Plan – The Accelerators – WSJ
Do a Ton of Homework Before Writing a Business Plan – The Accelerators – WSJ. The headline is misleading. The best advice is in the last paragraph so read that first. The author is from the renowned New York Tisch family. It appears that most of his article assumes that you have a large potContinue reading “Do a Ton of Homework Before Writing a Business Plan – The Accelerators – WSJ”
Starting a small business Part 4
Should I hire employees? NO! NEVER! People suck. Quote me on this. The majority are fat, stupid and lazy. Don’t believe me. Check out the Black Friday videos on the web of people brutalizing each other to save $20 on a flat screen TV that they don’t really need. This is probably your pool ofContinue reading “Starting a small business Part 4”
Starting a small business Part 3
Thank you virginiaplantation for liking my previous posts. You have inspired me to continue. I hope the posts either help people fix their businesses or prevent them from losing their savings while starting one. Is failing to plan really planning to fail? YES! Without a business plan or tons of blind luck, your businessContinue reading “Starting a small business Part 3”
Should I start a business?
NO! Are you considering starting a business or buying an existing business? As a small business accountant, whose livelihood depends on small business clients, my advice is DON’T. There are different challenges to starting a business versus buying an existing one so I’ll focus on starting a business. You need to ask yourself and answerContinue reading “Should I start a business?”
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