If you're a search funder, structuring a small business acquisition deal is crucial.
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Resources
Managing Payroll for a Remote Workforce: Tom’s Challenge Imagine you’re Tom, the only payroll administrator in a company that has gone fully remote. Your employer has adopted an “anyone, anywhere” hiring policy, allowing employees to live and work wherever they want. Sounds great, right? But now you’re grappling with payroll registrations across 15 different states,...
Why Payroll software providers like Gusto Don't Mark Final Returns
Table of Contents1 Importance of Employee Introduction Before Business Acquisition2 The Timing Tightrope3 The Confidentiality Conundrum4 The Performance Profile Powerplay5 Prioritizing Your People Power6 The Third-Party Trick7 Communication is Key8 The Cultural Equation9 Tech to the Rescue10 Measuring Your Success11 The Long Game12 When Things Go Sideways13 The Seller’s Crystal Ball14 Wrapping It Up Importance...
We'll guide you on how to customize your chart of accounts to get the most out of your freelance accounting software.
Navigating the complexities of vehicle usage tracking across multiple businesses can be a daunting task, but with QuickBooks Online, it becomes a manageable and streamlined process: a guide to QuickBooks Online Vehicle Tracking
So, you’re eyeing a juicy business opportunity – a $550,000 S-corporation with promising numbers. But before you dive in headfirst, let’s take a deep breath and unpack the financial puzzle that’s got you scratching your head. Trust me, you’re not alone in this maze of numbers and acronyms. Let’s roll up our sleeves and dig...
9 cannabis business ideas to open next to a cannabis retail store: Table of Contents1 Food-related businesses2 Consumption lounge3 Coffee shop4 Movie theater5 Smoke shop6 Bookstore with coffee shop7 Gym or yoga studio8 Hash bar9 Cat café and smoothie bar10 Conclusion Food-related businesses Includes bakeries, pizza shops, taco trucks, cereal bars, and munchies spots. Why...
As a seasoned business owner in the cannabis industry, you’ve experienced the unique challenges of managing both finances and operations firsthand. A common obstacle is the limited support from mainstream financial software providers like QuickBooks. This encapsulates a significant pain point for cannabis businesses. In this article, we will delve into why these challenges exist...
Are you dreaming of owning your own business but feeling overwhelmed by the financial hurdles? You’re not alone. Many aspiring entrepreneurs find themselves in this boat, wondering if they can navigate the choppy waters of business acquisition without drowning in a sea of cash requirements. One lifeline that often comes to mind is the SBA...
Small business tax deduction mistakes. What not to deduct on taxes
5 easy ways to perform due diligence when acquiring an electrical contracting business: 5 key things to know as search funder
Discover the pros and cons of using transaction date vs. posted date in accounting. Learn best practices for consistent record-keeping and how to handle various scenarios.
Why Seller's Discretionary Earnings (SDE) is Used Over EBITDA
5 Steps You Don't Want To Miss when Buying a Cash Business
CentsIQ is a bookkeeping and financial services provider. We serve businesses in Seattle WA (Bellevue, Redmond, Kirkland, Renton, Kent, Maple Valley, Covington) , Portland OR, Memphis TN and beyond.
