Comments on: Q & A: What questions should I ask my accountant before I start my business?

By: Shaun Lawrence

Shaun Lawrence — Wed, 11 Nov 2009 01:25:31 +0000

Those are good examples of questions. I am a CPA in Newport and I would say most of those questions are not going to take much time for a CPA to deal with and be very valuable for the client. Clients need to ask questions. Good article.

By: Leaflet Distribution

Leaflet Distribution — Fri, 26 Dec 2008 08:50:51 +0000

Years ago we knew about an accountant, whilst he appeared to be very good, seemed to be very much in control of HMRC issues and very effective, he may well have been a little too clever at times. I would suggest now that you find one who is straight down the line, plays by the book, that way you will not be in for nasty suprises at a latter date.

By: Jen

Jen — Fri, 21 Nov 2008 16:25:45 +0000

“The most important question is the one you need to ask yourself, “do I trust this person and can I work with him/her long term?” If you feel intimidated, or misunderstood, get up and walk. An accountant should be your advisor, he/she should never be your boss, what I mean is you need to make the final decisions, not your accountant. No matter what advice you get anywhere, you are always responsible.”

I think this is probably true with any person you hire, whether it’s someone outside your company or someone you’re going to work with directly everyday. While having specific qualifications and being able to get the job done are important, it’s also equally as important that you feel comfortable around the people you work with.

By: Investing In Annuities

Investing In Annuities — Tue, 26 Aug 2008 01:33:42 +0000

I might add trying a business venture without one is not wise, I tried it that way once

By: steve houde

steve houde — Mon, 21 Jul 2008 18:36:50 +0000

i am opening a roadside live lobster and seafood stand selling fresh fish, clams etc.. out of a refrigerated truck in the town next to where i live. i will not have to pay any rent for the space so no overhead there. i got a used truck for $5000 which a relative bought for me as a gift so no payback there either. my cost is for gas and product now only! the location is a very busy traveled road and is in the same lot as a ice and propane store and just next door to a target department store and major supermarket which does not carry fresh fish just packaged!
I am in Massachusetts about twenty minutes from the coast and there are several retail shops within a few miles with big overhead so thus higher prices than i will be! People love their fresh live lobsters and seafood up this way!
i also thought about trying to market to seafood markets in pennsylvania or upstate newyork and do the 7-10 hour drive in my truck twice a week trying to sell wholesale. i buy direct from maine lobster boats so i have no middleman or cost inbetween and can sell at or less then the biggest of companies. what do you think of all this?

By: Discount Soy Candles

Discount Soy Candles — Mon, 07 Jul 2008 12:37:24 +0000

Very interesting points. May I ask a question? Is it a must to get into business school before attempting to build a business?

By: Tom

Tom — Sat, 19 Jan 2008 21:08:10 +0000

Can I write off products which I can’t sell due to deterioration. I make and sometime buy scented candles for resale. I have over 200 which I can’t sell due the appearance. Dye fading, metal containers beginning to rust, wax shrinking or cracking. Can these be written off?

By: Tom

Tom — Sat, 19 Jan 2008 21:05:41 +0000

I make scented candles and have about 200 that I can’t sell because they are beginning to deteriorate. Fading in color, loss of color, metal containers beginning to rust. Can I write them off as a loss of some sort?

By: I disagree, and here’s why | Holden Associates Blog

I disagree, and here’s why | Holden Associates Blog — Mon, 12 Nov 2007 11:49:26 +0000

[...] an entirely different take’, I think Dennis has not understood either my posting or that of Stefan, which is a shame, all our postings were intended to do was give the ‘man in the street’ an [...]

By: Making strategy work for you : AccMan

Making strategy work for you : AccMan — Sun, 11 Nov 2007 11:49:03 +0000

[...] entirely different take, check Jason Holden’s article on firm selection which is an add-on to Stefan Topfer’s piece in similar [...]