small business

  1. J

    I need some help with Quickbooks. My overview shows $X income and $Y expenses, but my account absolutely does not show the same thing

    Say for Q4, when I look at my overview, QBO says income: $10,000 and Expenses: $7,000 as a made-up example, therefor it says net income is $3,000. I am not netting $3,000 in this case. What the fuck am I missing? As far as I know, that overview accounts for money in vs money out.
  2. I

    Customer can’t afford to pay

    I recently opened a business doing mobile RV maintenance and repair. I just returned from a call where a young woman and her infant child were living in their RV and the AC stopped working. The problem turned out to be their converter and the part alone costs $455. She doesn’t have the money for...
  3. H

    LLC registered in UT, living in TN, do I need a RA/CPA and p.o. box, and how do I pay myself?

    I lived in Utah for a year or two, and decided to register an LLC to start a business doing some freelance software work. The address is at my old home address in Utah (which I still own, just renting it out, netting $200/month). I moved to Tennessee recently and the money is starting to ramp up...
  4. B

    Bank of America PPP seemingly approved!

    I just got an email from Intralinks that new documents were posted. It is the promissory form and a legal attestation form. Everything is straight forward, 6 mos deferment, 1% interest. forgivable. etc. So it looks like the calculation they are using is a bit different from what Gusto (my...
  5. P

    Wanting to buy existing pool franchise shop/cleaning service

    I have 3-4 YOE in the service industry but different field(Pest control) I am really looking into making a switch to being my own boss. Currently work as a Software Engineer and I’m tired of stressing over layoffs that seem to happen at random. Current credit score is fair. What do I need to...
  6. C

    Closing Business Down After 25 Years

    I own a reselling business and have owned it in one form or another since 1999. Since about 2015, I grew the business to six employees, a big warehouse and tens of thousands of customers. We were top of the game for awhile, I was even on TV! Due to the rising costs of everything, as well as...
  7. U

    D U N S

    Do I really need a D U N S number? Or am I missing something on starting my business credit?
  8. L

    (Rant) I’m losing my mind at all the spam calls, emails, and texts about business funding. How many of y’all are experiencing this?

    Starting at 7am through the evening I start getting spam about it. Seriously I’ll get about 20 texts a day and at least half as many calls.
  9. A

    KPI Spreadsheet from Gabriel St-Germain's eComBlueprint 2.0

    Anyone who has the KPI Spreadsheet from Gabriel St-Germain eComBlueprint 2.0 and willing to share it to me, please? I would appreciate it a lot!
  10. R

    “Consigning” for a neighbor by selling his card collection on eBay and he has unrealistic expectations

    I hope this is allowed but this has been my experience consigning for the first time. Basically, I’ve been hand listing all of his cards on eBay (it’s a fairly nice collection) but from the start he has overvalued everything to laughable amounts. When I started selling some and he questioned why...
  11. W

    and start doing e-commerce for my B&M store

    We have a mostly successful B&M store and I know I'm leaving money on the table by not being online yet. I'm not resistant at all - I am just experiencing paralysis I think. We have thousands of products. Photography I know is essential, but so incredibly expensive. I know I don't need to put...
  12. I

    As a business owner what are your thoughts on nepotism?

    For those who had a career before owning a business, we all have worked in places where nepotism was present. Son of the owner/founder is Exec VP, recent college grad daughter got a shoe in job at a big consulting firm because dad is a partner, brother of the owner coasts on a easy six figure...
  13. A

    1-employee company, what can I manage myself?

    Hi all! I've been deep in the rabbit hole in this subreddit this week and got quite a bit of info, but really wanted some first-hand experience on my questions. Currently I am a single employee company, but we are looking to expand in the next year or two. I don't foresee us getting beyond 5-10...
  14. T

    AICPA: BOI ruling confuses businesses; enforcement should be delayed

    The AICPA and over 50 state CPA societies have written to the Treasury secretary and the director of the Financial Crimes Enforcement Network (FinCEN) asking that enforcement of beneficial ownership information (BOI) reporting requirements be suspended until one year after court cases have been...
  15. T

    My family is considering a sale of our manufacturing business. How realistic is a successful sale?

    Some background: My family has owned and operated a small contract manufacturing business for 40 years now. I came on in 2019 to continue and eventually take control of the business. I've wrestled at length with this, and have decided that I need to leave the company meaning we have to look...
  16. N

    Hi! Anyone know what's a good P.O.S. or have any other idea I can use?

    Hi! So I am thinking of starting a small stand at a flee market or swap meet kind of thing and there are tons of people selling food but not alot almost none on drinks so I wanted to do like boba/coffee drinks nothing really to serious something I just wanna do on weekends. Anyways my main...
  17. M

    Looking for someone to interview near bay area

    Hi, I recently started a YouTube channel called "local business owners story" and I wonder if anybody wants to collab with me. The better it is if you're doing well with the business. If you're not a business owner, can you recommend someone who does? This is the link to my channel. Still very...
  18. K

    Negotiating a Lease for a Retail Space - No Experience, Need Some General Advice

    I am thinking about leasing retail space to use for my e-commerce company. It's very difficult to find warehouse space in my area less than 10000 s/f. I'm currently renting from a company that bought a large warehouse and subdivided it into smaller units. I'm paying $1800/month for 400s/f which...
  19. R

    I am launching a small bussines in the cryptocurrency niche

    Small bussines in the cryptocurrency niche. i allready done most of the work ... and the bussines is up an running ... i would like some opinions and critics it will really help improve the actual state of the bussiness. Have a look here. Altcoin Price The core of the bussiness is based on...
  20. W

    Can someone help me find the WA L&I number? I'm so frustrated with this!!!

    Hi, I own a small business and am hiring my first employee. I'm trying to set up payroll through Square and it's requiring me to include a department of labor and industries account ID, an employee security number and a participant activation code (in addition to my EIN and UBI, both of which I...
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