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LLC vs S-Corp

LLC or S-Corp, these tend to be the options of choice by most small business operators.  If consulting an attorney the choice is an LLC, if an accountant the preference is usually an S-Corp, or an LLC with an S-Corp election.  If this is on the table I...

Start-up Structure

I recently met with a prospective client who has started down the road of becoming an entrepreneur.  While still working full time they have started working as a side consultant for a business. They will be paid on a 1099-M and they will be reporting their income...

Multipreneur

I have a client who decided to be more than an entrepreneur.  He decided to open three businesses simultaneously, so is now a multipreneur. Granted, the three businesses are all tied together so there is some vertical integration, but each is a standalone...

Vertical Integration/Synergy

There has been a lot of talk over the year about the benefits of vertical integration and synergy within businesses. But, when confronted with it suddenly and from an unexpected source, it is a wonder. Whenever I have the opportunity to get food from EL Milagro I do...

QuickBooks

We have a multiple clients who had made the switch from one version of QuickBooks (QB) to another.  Two were using QB online and switched back to a desktop version and two others used the Apple version and went to PC desktop. The online people are very happy with...

Data Backup Policy

Do you have a data backup policy to ensure your business continuity in the event of a disaster, error or computer failure?   Even with a backup system and plan in place, I once lost data that needed to be recreated several years ago.  I remember how much fun...

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