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I got a call recently from a prospective client who wanted some help with his tax returns. As we talked more, it turned out he actually needed help with almost five years of taxes he had never gotten around to filing. It also became clear that he was doing his own bookkeeping, but admittedly didn’t…

Remember when you could borrow money without wincing at the interest rate? Yeah, those days are gone. If you’ve been running a business for more than a couple of years, you’ve probably noticed your monthly loan payments creeping up like an unwelcome houseguest who keeps extending their stay. And if you’re thinking about taking out…

When you first started your business, you probably didn’t dream about tracking receipts and reconciling bank statements. You had bigger visions. Maybe you wanted to design beautiful spaces, bake the perfect croissant, or help companies overhaul their marketing strategies. Then reality hit, and someone (probably your accountant or that one friend who took a business…

Look, nobody starts a business because they’re passionate about balance sheets. You probably started yours because you’re great at what you do. Maybe you’re a brilliant designer, a skilled tradesperson, or someone who spotted a gap in the market and decided to fill it. The dream was about building something meaningful, serving customers, and yes,…

Most small business owners check their bank balance religiously but have no idea whether their business is actually healthy. You log in every morning, see a comfortable number, and feel that temporary wave of relief. But the reality is, feeling good about your balance doesn’t mean you’re in control of where your business is headed.…

I got a lot of good feedback from the first part of this newsletter, so I wanted to follow up with a second part. I didn’t actually know there was going to be a second part, but after the questions I got I thought it made sense to add. Most of the questions revolved around…

Well, not right this second, but coming very soon! I reactivated my CA Real Estate License, which is what is required to be able to directly broker businesses in CA (and for other states that require a license, there is a reciprocal agreement). So now we can directly sell a business in any state! Before…

You’ve probably felt that knot in your stomach when checking your business bank account, especially when you know payroll is coming up, and a client payment just got delayed another two weeks. That anxiety isn’t unusual. Most small business owners live closer to the financial edge than they’d care to admit, and the brutal truth…

If you’ve ever stared at your quarterly estimated tax payment wondering whether you’re sending the IRS too much or not enough, you’re not alone. Most small business owners treat these payments like educated guesses at best, wild stabs in the dark at worst. The problem is that guessing wrong costs you money, either in penalties…