small business

Hi, I am currently looking to interview advisors and brokers to sell my business. T/o is 11-12M for information. I am looking for advice from people who have sold a business 5M + and their experiences, and maybe things they would do differently. It is good to go to meetings and get business...

We have a mechanic garage that my family owns and operates. Only 4 employees work there and we’ve been open for about 25 years. OSHA called about 6 weeks and talked to my brother saying they received a complaint although they never said what the complaint was. Brother explained the owner is...

First of all, a big thank you to the collaborative efforts of this board. Pretty new here, but long time lurker. The information here may very well have saved our business we spent 10 years building - 70+ hour weeks, blood, sweat, and tears. To all that helped, you will be remembered...

Probably it would be helpful to create a status tracker which maybe helpful for al of us on waiting mode. Hopefully approved PPP folks can provide details in timeline so we know. Business structure (LLC/S-Corp/Corp,Sole). - S-Corp Submitted Date. / TIme - 4/6 - 2:43pm pdt...

So pissed... PNC (my bank) just got back to me saying I'm ineligible to apply with them since I didn't have a business account with them before February 15th. This is a fucking mess. Just a warning to any PNC IC/SP customers...

Is it just me or more and more companies trying to get away from SEO and digital marketing agencies overall and hire internally or going back to freelance contractors? 🤔 I’m not dissing anybody, so you can all relax geez, grab a ☕️. I’ve been on both sides…an agency owner and a freelancer and...

Hi all. I started a small landscaping business this year that I do on weekends (I haven’t quit my 9-5). Surprisingly, I’ve had a lot of jobs for the minimal advertising I did, and I’m really happy with the work I’ve done. One of the quotes I sent out appx 3 weeks ago completely ghosted me. I...

I don’t set goal. For what? I’ve been a business owner in the retail industry for just over 10 years. Fortunate to build a successful company. I’ve never set business goals. You know the typical ‘250k in sales Q1’ etc. It never made sense to me to do so. I guess my goals always just been do...

I've never done this. I know i can just send the distributions in a regular bank transfer to my checking account, but i dont know the process of w-2 payments. Are there forms to fill out? Do i have to use software for this? Do i have to do a whole song and dance to employ myself? Thanks in advance.

Been in business for 38 years same location. I own a 7000 sq ft building on a 30000 sq ft lot . 16 employees Cash flow 1.5 million- business owner takes out 200 k salary. Everything is paid for . Profit on the books to keep from being taxed is around 25-50 k a year . I’ve got two employees...

Can someone help me understand this structure? Limited partnership(P1, P2, and C-Corp as general partner) owns a single member llc. The SMLLC performs service oriented work. Income generated from the SMLLC is passed through to the LP. LP issues K-1 statements to P1, P2, and C-Corp. P1 and P2...

Hi, I am exploring a simple business checking account for two LLCs and I would appreciate your guidance considering the below: Revenue is

My Payroll (Gusto) will create 2 line items on my bank: 1 for the Direct deposits of Payroll wages. Fine. 1 for the Taxes. (where i have issue) The issue with the taxes line is that it INCLUDES both the Employee taxes and the company taxes. (1 extract for what seems like it should be 2. But...

I have this one guy, let’s call him A. Off the bat, he’s weird. But I can handle weird. The problem is that he talks so much it’s driving me insane. It’s not just random bullshit, it’s all highly technical talk about plant varieties, fertilizer components, soil biology so it’s not exactly...

I am at a crossroads... I run an online affiliate marketing business. There are certain tactics that work very well, sort of loopholes and untapped angles and niches. I want to scale, hire and build out a team of 5-10 to run a division of my business that I have been managing that takes me...

If you're looking for ways to connect to entrepreneurs and all-around interesting people, my spouse has had great success with these: Become a member at The HUB Attend the eSAX networking event Go to Invest Ottawa events Attend C100 Accelerate Montreal Attend Ottawa Business Summit [video] She...

I recently received an official looking email from "Credibility Corporation" with domain dandb.com, which works hard to represent itself as being Dun & Bradstreet, requesting information due to a complaint about insufficient information. In case you get one of these, it is a SCAM, an attempt at...

I'm in need in of a large walk in freezer, I have enough space for W:16ft x L:36ft x H: 9ft but would appreciate any information on how to start and or any recommendations. I was told to look for local contractor as jst buying the panels, compressor, wiring and then setup would run more trouble...

I am so glad that I found this feed. I have some questions and need to pointed to the right direction. So, thank you in advance: I opened up an LLC. Would it be possible to make my DBA my {first name} {last name}? If I change to DBA, do I need to do anything to my current business checking...

Called today to SBA hotline 1-800-695-2955 to get a status update on my application that I applied to on 3/30. Rep said: 1) SBA tech team has not built out system to check on application portals 2) do not expect your money in 3 day turnaround time 3) if I haven’t heard anything within 10...