QuickBooks Payroll: worst experience possible. Don’t make my mistake! small business |
- QuickBooks Payroll: worst experience possible. Don’t make my mistake!
- First time filing taxes under LLC formed in CA.
- Looking for feedback on my small business website
- I own a Mattress Store and am putting together a brochure to hand out to other local businesses to drum up sales. I'd like your suggestions to improve my simple plan.
- 40 and Feel Lost
- INTERVIEW: This entrepreneur raised $100 million, accumulated 8 million Facebook fans and got 11 million email subscribers for his ecommerce brand!
- Best management software for small business?
- Just Launched, need to Lower Prices
- Not sure how to handle 'employee' resignation
- I want to start a business, I have ideas but no guidance and no plan.
- Is planning an event a good idea?
- Jaded Does Social Media even work?
- Do both partners have to file their K-1s?
- Owner kinda dumped managing the credit software on me. Can I get some info on all these terms/names? (Canada)
- GPS fleet tracking recommendations
- Painting or window washing? I'm stuck between two industries and can't decide.
- Can anyone recommend a good online class for Quickbooks?
- Looking for feedback, advice, and opinions on a home automation focused small business
- check out this store
- Interesting Situation/Need advice
- Anyone have a good resource for a place to go to develop an App?
- Business Plan Question
- LLC Bank account
- naming a food business
| QuickBooks Payroll: worst experience possible. Don’t make my mistake! Posted: 05 Feb 2018 08:31 PM PST So today I received my W2, sent automatically by Quickbooks. It's wrong. Turns out, wasn't just me but my employees too. I switched from QB to QB Online in October. They never disabled the former desktop version payroll and though no payments were made through it after October, it generated all of the wrong W2s, forms, etc. and automatically filed them without even sending me a notice. I was never made aware that the payroll system was entirely different and that the online version of payroll apparently can't support IRS adjustments. The desktop version, I was told, does. I spent over 4 hours on the phone with QuickBooks today being transferred all over the place. The online version and the desktop version are wholly separate, meaning they do not communicate at all. I haven't used the desktop version in 3 months, yet when they assisted me in migrating platforms, no one told me they would just keep the old version running and billing me monthly... and ultimately that it would send out faulty W2s. No one told me the payroll systems were entirely different. No one told me that when they jacked everything up, they'd leave me holding the bag and that all of their guarantees about covering both the cost and any issues with filing taxes and such through their assisted payroll are total BS. No one told me that when my bookkeeper submitted the correct QB Online versions of the forms with the correct information, they would be ignored and not accepted by QB Online and instead would be superseded by the old legacy platform's filings. No one told me that I'd be left having to call the IRS myself tomorrow and try to figure this all out on my own. I had a nightmare of a day with these idiots. Please, please, please never use QuickBooks online for payroll. You'll genuinely regret it in your moment of greatest payroll need. Now who has a company to suggest for me? Gusto any good? I don't want the cheapest solution, I'm happy to pay for something a little more full-featured to avoid having to deal with anything like this again. [link] [comments]  |
| First time filing taxes under LLC formed in CA. Posted: 05 Feb 2018 08:54 PM PST Guys, I created an LLC in CA this year for my internet business. I jumped the gun and formed an LLC, even though I am the sole member. In hindsight, I never needed to form an LLC, as it does not permit any tax benefit (that's what I've learned- could be wrong) I'm trying to figure out how to do my taxes now. Apparently I can just do my LLC tax for my business as a sole proprietor, basically as self-income. Is that correct? If so, how does the federal gov't know I am claiming income/expenses for my LLC? Also, I have to file the same exact income/expenses of my LLC to the state of CA correct? This will require a special form "568" from the franchise tax board correct? So to me, it does not seem as easy as just filing my taxes as a sole proprietor? Please let me know if I am on the right track here or if I am missing something. I am using turbo tax this year, and I simply added my LLC's business income/expenses as a sole proprietor. Will turbo tax also help with filing LLC tax requirements for the state? Need help in pointing me in the right direction! [link] [comments]  |
| Looking for feedback on my small business website Posted: 05 Feb 2018 07:32 PM PST Hi, as the title says, I'm looking for feedback on the website I just launched. The website is: I know I'm going to need more content under the Local's Guide, however, it just went live and will continue to keep growing. Any feedback would be appreciated. Thanks for your time! [link] [comments]  |
| Posted: 05 Feb 2018 09:26 AM PST Hi All, I run a small mattress store in Colorado, and we're looking for ways to drum up new business. I've decided to make a brochure to hand out to other local businesses in hopes that they'll display it, use it for their own needs, and for word-of-mouth. The brochure will cover our services, free delivery, 120 night sleep guarantee, a coupon, photos of the show room, etc. I plan on hitting local B&Bs, other home good businesses (lighting centers, window treatments, design centers, etc), chiropractor offices, etc. We do plan on telling the businesses owners we will give them and their employees a 10% discount. I've not done this before, so I'd like your opinion and suggestions on any way to really knock this out of the park. Thanks! [link] [comments]  |
| Posted: 05 Feb 2018 05:53 AM PST Too keep it short, I'm 40 and I feel lost. I have a family, 3 kids and a wife, with a great home life. My family is awesome. I work in a family business, which is a CPA firm, but I haven't completed my license exams yet. I have struggled with time management (I've over filled my plate) with regards to studying and I know that I should just get the exams done, but I struggle with whether or not this what I want to do because of the issues at work in regard to my family. I left a great company about 5 years ago with a high salary to take a job at the firm in hopes of one day making good money and growing the business. I was promised a lot of things that just never came into fruition. My father is still under the assumption that its 1980 and degree'd accountants with 15 years of tax experience is only worth 20/hr, unless you have your CPA, then you're worth 30/hr (slight sarcasm). I know what I'm billing and what is being collected, and I know what I'm worth, and it doesn't add up to what I receive. They feel as if I should suffer because they did when they started this business. I see them on the daily basis, they are very critical of how I raise my kids, what I spend my money on, my home, my vehicles, really everything. These things shouldn't be discussed at work. I receive text messages every other day with their criticisms which usually get me somewhat worked up and then subsequently affects my time with my family because its on my mind. I've told them that they need to be aware that I'm grown and other than employment, they have no say in what I do or how I do it. I can't escape them. I have a side gig with a buddy that is bringing in around $50,000/yr and growing at about 25% a year and netting nothing, so I feel very much stuck. I do not want to work for anyone else again. I'm not looking for anyone to fix my problems, I think I might just be looking for encouragement to keep going. I know there is someone out there with the same problem. How did you get through it? [link] [comments]  |
| Posted: 05 Feb 2018 11:29 PM PST We recently interviewed (written) a very successful serial ecommerce entrepreneur, John James. John James is the CEO and Co-Founder of Engine, a new cloud-based ecommerce platform. Before he assumed his new role as Engine's CEO, John had co-founded and CEOed Acumen Brands, the ecommerce company he successfully nurtured into a multi-million dollar brand! In the interview, John revealed how he: • accumulated 8 million Facebook fans in 4 months, • gathered 11 million email subscribers in the same 4 months, • grew his annual revenue run rate from $9 million to over $100 million in that same 4-month period, • caught the attention of capital partners, •etc. Also, John's practical advice on how to raise the needed capital for your startup is quite note-worthy. Read the full interview here: http://branndhub.com/special-interview-with-john-james-ceo-of-engine/ We hope you will find John's experiences, successes, methods and insights inspiring and helpful. Thanks! [link] [comments]  |
| Best management software for small business? Posted: 05 Feb 2018 09:43 AM PST I run a custom cabinet manufacturing facility, specializing in the commercial hospitality market. I was wondering what types of Tech other businesses use to streamline and organize there operations. We're trying to put in place management systems for the whole business in order to track different types of things like labor cost on specific projects, inventory of material, marketing ROI, etc. We've got the basics with things like quickbooks(accounting), mileIQ(mileage tracker), and a basic time clock app for payroll. We are looking for solutions beyond that in order to organize our operations with the ability to review our progress digitally. What do you use? Any software suggestions? What organizational tactics do you set forth in your business? [link] [comments]  |
| Just Launched, need to Lower Prices Posted: 05 Feb 2018 05:02 PM PST So I just launched a product, and got into a few stores Problem is, its moving really slowly from the shelves. Ive spent some cash on advertising, but im thinking the price might be a bit high. How fast after launching can I lower the price? Its been 2 weeks since launch. Should I try a "sale" first? or flat out lower the price? How much can I discount the product without raising alarms? What would you think as a customer when you saw a large drop? [link] [comments]  |
| Not sure how to handle 'employee' resignation Posted: 06 Feb 2018 12:03 AM PST 3 years ago I approached a college sr about giving lessons at my business and he agreed. Verbal agreement that he would be self-employed. He tells me how many hours and what days each week he is available, and I schedule lessons. The lesson fee is split with 65% going to instructor. I pay 100% of all expenses. Lessons are generated from people who call my business. Some ask for him specifically and some don't. I also market all instructors on website, social media, and word of mouth. Over time, more and more customers asked for this instructor and he developed a solid reputation. Over the last year, he started bringing in about 15% of his own lessons. He is extremely reliable and responsible-a model instructor and well-known in the community. He recently told me he has plans to build his own facility and doing lessons there. It will be much smaller but adequate for his needs. His facility will not be ready for several weeks. I suspect over 90% of his lessons will leave with him. Should I tell him he is no longer needed now? Or let him continue until his place is ready? I am concerned if I dismiss him now, customers may perceive me as 'the bad guy'. Some of the lessons may continue other services and business with me but go with him for lessons. The instructor did tell me about his plan himself. However, I also think it is crazy for me to allow him to continue lessons and help fund my soon-to-be competitor. I would appreciate any advice:- [link] [comments]  |
| I want to start a business, I have ideas but no guidance and no plan. Posted: 05 Feb 2018 10:36 PM PST Okay, let me explain. So I've never really known what I want to do with my life, never had any proper guidance from anyone and I'm stuck in a cross-road in my life. Me and my buddies live in Adelaide, Australia, its not the biggest town but its a humble little place with a large mix of different aesthetics and styles and the younger people here are all a blend of different backgrounds. We thought it would be a good idea to create a place where all of these different niches of people can come together and hang out in a place kind of like a bar/cafe. The plan is to create a theme that runs like an industrial bar/cafe but we wanted to almost launch these backgrounds into a new trend. Along side a bar, we want to create an arcade machine gallery and a skatepark. Inside the bar/cafe we wanted a live music room where interesting bands and progressive styles can come and jam out/promote their music and what not. There is a lot more to this place that I'd want to talk about but the raw idea is that we combine these niches in a small city and turn it into a thriving little community. My real question is, where do I begin? I've tried talking to my dad about the idea but he doesn't really see why I want to make this community and doesn't think I have what it takes. I have no background in business and marketing and if anyone has any suggestions of courses/books/anything that could help me understand how to get this idea into motion that would be really great. Thanks! (edit) I'm looking for some guidance so that in a few years time this idea could come to fruition! Like what should I be studying, what can I do now to help drive my ideas. We have many other projects in mind, i.e music production, art, clothing and various other art forms. [link] [comments]  |
| Is planning an event a good idea? Posted: 05 Feb 2018 02:00 PM PST So im thinking of planning/ throwing a citywide event. Just thinking for now, I live in a city of about 11,000 people and there's nothing to do here at all. I have no idea what I'm doing. Is it a good idea? Thinking of a carnival type thing. Thinking of getting sponsors and promote them there, people will have fun so i think it's a win-win. Do you guys think anyone will show up at all? How would one do this? Any suggestions on a different theme? Any legal issues? Just an idea for now [link] [comments]  |
| Jaded Does Social Media even work? Posted: 05 Feb 2018 07:48 PM PST I've come to the conclusion that Social Media simply does not work. We recently launched out business and started to build a presence on the various social media platforms (starting on Twitter but now are expanding to the others). What I've noticed is that the audience that I am looking to reach either isn't active on social media, or is lost among the sea of other business fighting to get their brand out. For example, we now have a couple hundred followers on Twitter, however none of those have converted over to clients. Instead they are just other entrepreneurs trying to push their product or services. Rather than simply saying how great my product is and all that good jazz, My goal was to become an advocate for entrepreneurs and small business, so I took the approach of that I would begin promoting others entrepreneurs and their services. It was an eye opening experience that even as we were getting engagement on behalf of the entrepreneurs, we would not get response or return promotion from the promoted entrepreneur. We actually had one lady thank us and really joined in to promote her services only to then un-follow us once the positive noise had died down. It's left me questioning whether Social Media is really a mode to grow your business (mind you my entire product is just that so I am really screwed huh). But all jokes aside, I've noticed that folks (not all) either can't be bothered to look another entrepreneur's product because they are too busy selling, or they are un-supportive, and dismiss other businesses products or attempts to build their business. Sorry all for venting, I know the path of entrepreneurship isn't for the faint of heart, but like many other entrepreneurs have already experienced, the effort to build something from nothing can be a bear, which partly why I started my business. I do think it does help to express one's frustrations. But the fear still remains. How am I supposed to differentiate myself from everyone else seeking face time from the same audience? How does one sell to the seller? How can I build the product into what I know it can be to help entrepreneur and small business if I can't get traction? These question are specific to me but I am certain we all have out unanswered question that is keeping us from getting over that hump. Thought it would be good exercise to just get my thoughts out and see if other shared similar experiences. [link] [comments]  |
| Do both partners have to file their K-1s? Posted: 05 Feb 2018 07:41 PM PST Just started a LLC with a partner late last year. We showed an operating loss. 50/50 partners. When my partner went to file his personal taxes, he said he didn't have to attach the K-1. Do I not need to attach it since there's a loss? Thanks! [link] [comments]  |
| Posted: 05 Feb 2018 03:09 PM PST The credit card machine says elavon and we have a merchant ID with them. But vantiv does the "processing" but is obviously a different company. So is Elavon just the company that makes the machine, and vantiv does all the transactions with the machine? If I needed to try and find a receipt that has mysteriously vanished, which company would I call? For some reason Vantiv can see one of our transactions but Elavon does not. edit if anyone wants to help troubleshoot. Client got 48.50 charged on card. Client is a customer and card is on our file (last 4 digits). Client says she wasn't in that day. We also have no record on our end of that purchase. Vantiv has a copy of that transaction but elavon does not, which is weird since Vantiv says it was magnetic swiped. We are confused. [link] [comments]  |
| GPS fleet tracking recommendations Posted: 05 Feb 2018 02:47 PM PST I'm looking to add gps tracking to fleet. Any recommendations to what you guys use and if you are happy with them. Must have fleet card services linked. Must be able to track from phone. [link] [comments]  |
| Painting or window washing? I'm stuck between two industries and can't decide. Posted: 05 Feb 2018 06:28 PM PST Okay so I have two service industries that I might like pursuing a business in: Window washing or Painting. I think either one could potentially make money but here are my pros and cons of each industry so far: Window Washing: Pros:
Cons:
Painting: Pros:
Cons:
Any ideas? Tips? Advice? [link] [comments]  |
| Can anyone recommend a good online class for Quickbooks? Posted: 05 Feb 2018 07:49 AM PST I'm woefully undertrained in the software. My local tech school is offering a 12 hour class but the times they offer it don't really mesh with my schedule. I'd like to find a good online class if I could. [link] [comments]  |
| Looking for feedback, advice, and opinions on a home automation focused small business Posted: 05 Feb 2018 03:59 PM PST I have recently been kicking around the idea of launching a local /regional home automation consultancy business. I have worked in the tech industry as a Solutions Architect focused on SaaS, IaaS, voice/teleconferencing, A/V for a number of years now and feel like the time may be right to venture into more of the consumer space, particularly around the below services:
Services:
Home Security - Camera placement, electrical requirements (assessment), backup/storage, automatic door locks, door/window sensors, firewalls
Home monitoring - smoke/water/Co2 sensors,
Home automation - lighting, temperature, cooking
internal/external communications - Intercom, home office, routing/switching, Wireless Access Points (WAP), home phone (VOIP)
Custom services - Outdoor lighting, home theater, commercial property, Solar potential assessment/consultation, maintenance/diagnosis/remediation of existing smart home technology, Senior Services
I live in a mid-size urban area with a number of similar sized cities within a half day distance and there are not currently any companies offering similar services, aside from security cameras/monitoring. My thought would be to try and partner with local real estate and construction companies to be brought in as a design consultant for new construction/renovations/home upgrades, on site consultation being low or no cost (if purchasing a design), design deliverable(s) resulting in a fee, installation being a mix of strategic partnerships (I'm not a certified electrician, but could potentially connect with a crew that could do low voltage/specialty wiring as needed) or eventually bringing on a small number of installation techs (I would do this myself to begin with on any work that doesn't require a special license to do so as I do have field experience installing A/V equipment). Eventually, perhaps, I may want to retail some home automation equipment and/or custom packages through a website that I would build/manage.
My thinking is that through partnering with real estate and construction companies as well as focusing on a variety of market segments there's potential there. My questions:
I am not looking to jump into this full time immediately, mainly I was thinking of building the site, putting some feelers out there, and seeing if I could fill my nights/weekends to begin with. Thanks in advance! [link] [comments]  |
| Posted: 05 Feb 2018 08:45 PM PST i have this online store that sells baby and kids clothes and bed. just need a feedback or share about it and if there are anything i need to know im ready to listen [link] [comments]  |
| Interesting Situation/Need advice Posted: 05 Feb 2018 05:30 PM PST So I have been working at this furniture store in Arizona for about 3 years now. I make about 40k a year. I am not the manager but the owner of the business and I have a very great relationship. Recently he offered to lease the building to me so, in theory, I would be running the business. The average monthly income of the business is roughly $138k. If I sell the items at a 44 margin (we usually price at a 50) then that would give me about 60k after inventory is paid. After the lease (15.5k after property taxes) and everything else paid monthly I would have about 40k to spend on ads (average 5k monthly & labor (10k average monthly). Another thing I would have to do is get a loan for roughly 125k to buy all the inventory including a box truck, racks that we just installed, and a Order Picker. The more I think about it the more I feel like it's a good idea but honestly I don't know where to start. Any opinions and thought count! [link] [comments]  |
| Anyone have a good resource for a place to go to develop an App? Posted: 05 Feb 2018 01:44 PM PST I am looking to get in touch with someone to develop an app for me as well as help me understand cost to produce the final product as well as cost to operate it on the app stores etc. I am sure this has been mentioned somewhere but any recommendations are super appreciated. Thanks in advance! [link] [comments]  |
| Posted: 05 Feb 2018 01:36 PM PST Hello! Ive been lurking for a while, dreaming of opening my own doughnut spot for going on 8 years now. I finally got pushed over the edge at my coroprate job, and decided to work on my business plan. I am using a template to start, and there is a section for products and services. Would I write down EVERY product I am planning or just the general "doughnut"? Thanks for any help! [link] [comments]  |
| Posted: 05 Feb 2018 01:33 PM PST Hey Guys, I setup a new LLC online few days ago and want to open bank account in a bank in NY. I am out of country right now. But bank want me to there personally to open llc bank account. I won't be returning for next 3 months. What options do I have? I heard I can appoint an officer but who can be officer? Any professionals we have who do this? Thanks Sal [link] [comments]  |
| Posted: 05 Feb 2018 01:28 PM PST I have, what i deem to be, a fairly catchy business name i'd like to use for my BBQ business... the only thing is, is that there are a couple different BBQ places with the same/similar name - none of which in the area I'm looking to set up shop at. How much weight should that hold in deciding what to name my business? the obvious downside is, if/when it becomes a success, is confusion between my business and theirs - and that we have similar names. Should I be looking to name it something else, which is more original? Just go for it, and sort it out later? my to-be name: Big Al's BBQ (either midwest, out west) others: Big Al's BBQ (NC) Big Al's BBQ & Catering (IA) Big Al's Smokehouse (TX) thanks for your help! [link] [comments]  |
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