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@barneyo That's fine, I understand. If you go 50% over budget and think that's a-ok without communicating then I wouldn't want to work with you either. You're not good at your job if you're that bad at estimating. Maybe OP has really messed up books but his bookkeeper should have reviewed them...

@jro1 So she went 50% over her estimated hours? I think that's excessive and should have been communicated as soon as she knew it was going to be more work (ideally within 2-3 hours of starting). I would pay 10-15% over the estimate without an approval, but not 50% more. Did she indicate in her...

@untreue When I started my business (22 years ago) I probably didn't know the answers to any of these questions. I was also really bad with my personal finances. It was a long difficult process, but now I can confidently say I can answer all of these questions and then some. If you're...

@rongold Uh, that's not how "total" net income works... ask for a full set of financials, and ask for the bank statements and tax returns to corroborate them. What is payroll? How much of payroll is the current owner? That should be important to you because it's not very attractive to just...

@rdevotie I've been in business over 21 years, so I can't even find a lot of the books and resources I used in the early days but here are some that I do remember. The top two had a profound impact. Taxpayer's Comprehensive Guide to LLCs and S-corps This book easily saved me six-figures on...

@alangeh Quite a few years ago I was disorganized and always late filing. When I took over full ownership of my business and then started another, I really didn't have a clue what I was doing. There were always more pressing issues than keeping books up to date, not to mention I didn't know the...

@frcs Man this is really a shit show of a roll out LOL.

@orlando_wcbc I don't support a nationwide flat $15/h minimum wage. There is too much of a discrepancy between our small Georgia (or any) town and Seattle, San Fransisco, New York City, etc. I agree the federal minimum wage is too low, but instead of just increasing it across the board, I think...

@frcs What kind of press conference? Because what some random employee says doesn’t exactly trump the published guidelines by the Department of the Treasury.

@frcs Source?

@man_in_pain This part. The Treasury Dept published the official guidelines yesterday and the interest rate is a fixed 0.5% and the term is 2 years.

@bereanmom Do you want to tie contractor's logged time to specific clients and projects? I was using a PHP application installed on my own server for years and the developer seems to have all but abandoned it so I've been looking for alternatives. I'm currently testing out Freshbooks and after...