Remove CPA Remove LLC Remove Operations Remove Technology
article thumbnail

Business Prenup: What To Do Before You Start A Company With A Partner

YoungUpstarts

A CPA provides input on tax structure and metrics, and assists with due diligence related to your industry. You should also understand that you may be liable for certain acts or omissions as a manager, officer or director, but shielded from liability as a member (in a manager-managed LLC) or shareholder. Anticipate disagreements.

Partner 208
article thumbnail

Maximizing Profits in the Healthcare Staffing Industry by Susanne Mariga

Mike Michalowicz

Healthcare staffing agencies should find ways to leverage technology developments and custom tailor it for their needs. Implement the Use of Creative Compensation Structures – Tim Teague, President of BlueSky Synergy, LLC. Per Angelichio “it is important to remain ahead of the game”. About Susanne Mariga.

CPA 76
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Advice From a Successful Female Business Owner: “Don’t Wait Until You are at the Top of Your Game to Get Covered”

Women Entrepreneurs Can

That’s when, Stephens’ mentor and CPA introduced her to the concept of a captive. Because captives are usually owned by the same economic interests that own the operating business, the captive can be considered a “formal” method of self-insuring various risks. Utilities, machinery or technology failure. Loss of key employee.

article thumbnail

Fortifying Profits: Strategies to Shield Your Business from Embezzlement

Duct Tape Marketing

One is you should have an outside, I mean, obviously there are a lot of people that hire CPA, but they really just say, here's my stuff for the taxes in a lot of cases. What role has technology played in maybe providing security and maybe opening up holes? John (05:40): So you hit on two things that I want to come back to.

article thumbnail

The Tax Advantages To Investing In Oil And Gas Your CPA’s Probably Never Heard Of

YoungUpstarts

But chances are, your CPA hasn’t mentioned it. That’s because, like doctors, CPAs specialize. How to Bring Up Oil and Gas with Your CPA. And that’s why it’s important to have a candid discussion with your CPA to go over your individual portfolio and determine what investments make the most sense for you.

CPA 100
article thumbnail

30 Entrepreneurs Explain What They Love About Being an Entrepreneur

Hearpreneur

Thanks to Colin Smith, CPA Exam Maven ! #6- This shows up in every aspect of business making entrepreneurs more self-aware, and ultimately helping to refine how we show up in our operations, branding, personal style, etc. Thanks to Craig Miller, Academia Labs LLC ! #26- Thanks to Zach Goldstein, Public Rec ! #9-

article thumbnail

If Your Business Is Hurting, Should You File for Bankruptcy?

Up and Running

Failure to adapt to new technology in the industry. It is appropriate when the business does not have significant assets to continue to operate and to repay its debt obligations. Whether your business is a partnership, a corporation, or an LLC, you can file Chapter 7. Shrinking revenue and/or profits. Poor company leadership.