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    Single Member LLC

    You wouldn't want to take salaries through a single member LLC. A single member LLC defaults to be treated as Schedule C on your tax return and the income would be subject to self employment taxes.
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    Thoughts on closing a business

    It seems a shame to close a profitable business. I'd approach my favorite competitor's about a possible merger...me acquiring their business...if they are not interested in selling that's when I ask if they might be interested in buying. I have actually sold...and bought (be careful they may...
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    It Starts in Your Mind....

    MINDSET 
    Here is a good exercise. Classify your thoughts for a day....not every thought, but catch yourself at certain times of the day and classify your thoughts, much like you would code expenses from your checkbook. Some categories: Thought Assets: positive, stress reducing, faith-full, goal...
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    Facebook Posting Strategies

    WEB/DIGITAL 
    So our retail store targets women 30-65. Our only online site is a facebook page that we use to announce new shipments of product from QVC. We are only open on Saturday's from 8-3. So this is saying we should post pictures of new product on Friday afternoons? We will do that for the month of...
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    Why now is a great time to start a business

    We are having more conversations with potential startups in the past 3 months than we have had in the last year in my accounting firm. Our advice is to be innovative at solving the problems of the market you identified...also know the market is willing to pay your price and is big enough for...
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    Hello from Georgia

    My name is Steve. I consider myself to be a "serial entreprenuer". I own and operate an accounting and tax firm. Which I have built and grown over the last 14 years. I invested some years ago in a self storage facility in my home town and now I own two. I am a shareholder in a retail store that...

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