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Purchasing a business

I recently meet with a potential client who was looking at purchasing an existing franchise business.  The purchase price in my mind was too much for what they would be getting for their money. But I have also seen it the other way around.  I have seen a purchaser who...

Illinois Annual Report

The Illinois Annual Report, that annoying little bit of business that comes round once a year.  Most businesses have delegated this responsibility to an outside Registered Agent. But now after years of moving in this direction the state of Illinois has a method to...

Working Business Model

As a teen I had a job at Toys R Us,   I started as a seasonal worker, but was kept on after the holiday season Like the rest of the world and definitely as a teen, I thought ok this will be a breeze, no one buys toys after Christmas so we will get paid to show up and...

New Client

I recently met with a new client; they were referred to us by an existing client who likes the fact that tells them the truth even if they don’t always like what we say. The new client was looking to buy an existing franchise and wanted someone to tell them the truth...

Ho Chi Minn Business Philosophy

The Ho Chi Minh philosophy is as follows “Control all the villages and the city falls”. This philosophy would be utilized when you have a consumer product and you can’t get in front of the right people at the whale table. I was at a networking event and was...

The postcard return

The fiction of the US filing their return on a postcard is not in the future, this despite the promises made by some key GOP taxwriters. In truth based on the new tax law only a few lines from the current Form 1040 will be eliminated next year. Granted many filers...

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