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    Friday, May 31, 2019

    HELP SOS small business

    HELP SOS small business


    HELP SOS

    Posted: 30 May 2019 05:13 PM PDT

    I am in desperate need of some help and decided to turn to good old reddit.

    SO I just got hired for a small business at first as a secretary, then the owner said he needed more of a personal assistant to help him with pretty much everything since it's just him and his wife running the business. I questioned him why it has been hard to keep anyone to help them. Well he showed me the way they operate and omggggg! Not only do they only keep track of their accounts through emails (like putting special labels on them) their quickbooks has 75k overdue in invoices. And there is hardly records of what has been paid and what hasn't. There are deposits not linked to any invoices, or deposits meant for multiple invoices but no record of how to split the deposit. Then I find the estimates closed out but not the invoices. When I look back to the emails I can't find if the customers were ever followed up with. I've asked them if i can create a system of my own to organize it all, but they don't want me to. They want me to do it exactly how they've been doing it, but I can't because of how all over the place it is. Can someone tell me what is the easiest way to fix this?? At this point I'm doubting if I can.

    submitted by /u/HotPalpitation5
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    My families business is going to end with my father

    Posted: 30 May 2019 12:37 PM PDT

    First of all, I hope this is the right sub for my issue. If not I'd really appreciate a redirect.

    My family (father's side) owns a small construction business for more than 100 years by now. My father took it over from my grandfather about 19 years ago. We lived in a wealthy suburb and my families name was well known for the business. With my mother taking over the office work the business florished and had about 10 employees, before my parents divorce put an end to it 5 years later. My father is a great craftsman but with his lack in leading- and organisation skill he drove the business against a wall. (He wasn't able to manage his employees nor his customers correctly)

    Within the next three years all employees left or retired. By now he is completely alone, nearly 60 years old and got back problems. The money he makes of it is enough for making a living, but far from being the goldmine it was 15 years ago.

    As I'm going to graduate with an engineerings master in 2 years it is obvious that I won't continue the family business as a craftsman myself. On the other hand I don't want to see the business die because there is no one (except me) to take over.

    I really want to bring the business to new life after my father's retirement, especially with my grandfathers sad face in mind when he realised what's going to happen to the business he worked in his whole life.

    My first thoughts were, that all the customer files are still available (minus the ones who died, as most of them where/are older people). So no need to start all over again regarding this point. Furthermore there are a lot of connections to other construction businesses in our region (Painter, plumber, etc.) And I know, that there is the need of a foreman to take care of all the practical stuff I don't have a clue about. But otherwise I don't know where to start.

    Therefore I appreciate any information you guys got for me regarding the steps I'll have to take now and in the future to achieve this goal.

    submitted by /u/BlubTheFish5576
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    Have you ever questioned yourself or thought of quitting along your entrepreneurial path?

    Posted: 30 May 2019 04:47 AM PDT

    (ADVICE NEEDE) What to do when a client ghosts you when they need to make payment?

    Posted: 31 May 2019 02:40 AM PDT

    Hello everybody, we are having a bit of a problem. We made some developments for a client several months ago. We sent them the bills as well, but they are just not paying. They were paying with no problem before. I've been sending emails over and over again to them but they are not even replying. It's not a small client as well, it's one of the biggest food manufacturers in UK and Europe. What should we do? What approach is the best to solve this problem?

    submitted by /u/koetsuji
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    Questions Regarding Quotes in Service Contracts

    Posted: 30 May 2019 04:44 PM PDT

    Hello all.

    I have a contract with a state government office to do highly specialized work that ranges from equipment maintenance, to document control, and personnel training. I have held the contract for the last 2 years. It is side work, but pays wells. This is my first "independent contracting" gig that deals with a large faceless entity. I used to work for this office. I went back multiple times to work on equipment and attempted to train people to do the work. I did this for free for a while for multiple, logical reasons that I don't want to explain here, but just know it was in my interest to work for free at the time. I turned that into my current contract, and it has expanded with time.

    Originally i wanted to be paid a flat fee of $1X,XXX at the beginning of the year and then just work as needed on the said equipment as needed. I never wanted to itemize, because I didn't want people picking and choosing what I did and didn't do. The reason for that is the time it takes to do everything isn't much more than the time it takes to do less. So if they decided to neglect less important things I'd just be losing money for essentially the same time.

    After the contract was approved, i put in my first invoice for the full amount of the contract and they said I'd need to itemize what i was charging for. I explained to the boss, there was no itemized list that existed. He told me to make it work. So i came up with "arbitrary", but reasonable, numbers for the work i completed as i completed it and didn't get any push back. I believe this is primarily do to the highly technical nature of the work.

    The next year the very sweet secretary resubmitted my contract as it was with an addendum I wrote to expand the contract to include different types of equipment, consulting, and personnel training. Contract went through the same as the year before. I continued and everything is fine.

    This year the secretary is retired. The contracts people want me to submit a scope of work and a quote. Now the Scope isn't a big deal, but a lot of the things that were added to the contract are on an irregular and as needed basis. Some of them i can't actually predict until the situation arises, and some work is so abstract i don't know how to quantify it.

    THE QUESTION. How do i put this in a quote when the price of something could vary wildly? Easy option is hours, but I dislike this idea. Some things don't take that long, but are very difficult. Some are long and require entire weekends but aren't that hard. For equipment maintenance I charge per unit which is easily quantifiable. The beauty of that is some take a few minutes and a couple take an hour a piece. That's fine. I charge the same regardless. This being a state entity, i don't know if they have limits on dollar amounts they will pay for hours of work. What's the best way to do consulting or personnel training? Particularly when it can be a little haphazard at times.

    Example:

    DESCRIPTION UNIT COST

    Instrument 1 Maintenance $100

    -Minor Equipment Repair $0

    -Documentation $0

    Instrument 2 Maintenance $150

    -Minor Equipment Repair $0

    -Documentation $0

    Personnel Training for XYZ ?

    Document Review ?

    Field Work (One off situation) ?

    I really don't know what dollar amount to put for the "unit cost" because all these instances could vary wildly. Some of it is in person. Some of it is over email or on my personal time.

    The state has weird requirements and they are all kind of hard to put a finger on. It's almost like there is some internal meeting in their office, someone says "Only accept things that are XYZ and throw out the rest". What I would like is for this to be done on a "Project Based Fee" but what is the best way to write the quote? I really want things to stay as vague as possible.

    I don't have much experience with contracts. I'm probably over thinking this, but any help would be appreciated. Please forgive spelling errors. This was written in a hurry.

    Thanks everyone.

    submitted by /u/Manwell14
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    Legality of trading between businesses

    Posted: 30 May 2019 08:39 PM PDT

    Without going into too much detail, a larger business who I rent gear from owes me some money for a previous service I provided. I'm not worried about getting it, we're still within the net 30 invoice.

    I just got a gig where I need to rent some gear from them... If they pay me and I pay them then we're touched twice by the tax man, but if I simply discount the balance he owes me for a gear rental, then everything works out cleaner and with less paperwork and taxes.

    I'm afraid to ask him because I'm afraid this might be illegal or just bad ethically, but I honestly don't know.

    Care to weigh in?

    submitted by /u/LockeClone
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    Need Advice on an online store

    Posted: 31 May 2019 12:09 AM PDT

    I am a marketing recent marketing graduate, I've moved back home and have a job for the summer months, but as it turns out it won't be enough to cover bills, and with my parents getting older I'm now looking into alternative forms of revenue.

    I understand how to promote a product and such, my issue is I don't know what to sell ( I'm not overly artistic or crafty) and I have no idea where to find any sort of inventory. I have also considered drop shipping but am not all that familiar with the process.

    Any and all advice would be appreciated.

    submitted by /u/wheelbrewster
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    Need advice with a current employee

    Posted: 30 May 2019 09:34 PM PDT

    I have a business (hospitality) with around 22 employees. I have an employee I've been wanting to let go because of her being hot headedness, negative attitude, and not composing herself well in front of guests/coworkers. However, she got a neck injury (not work related) and went on unpaid medical leave to get surgery on it. It has now been around 5 weeks since she's last worked and I recently found out her surgery was postponed due to her not completely quitting cigarettes and she has to wait again to get it rescheduled.

    Am I obligated to save her job? Is there anything I can do at this point?

    submitted by /u/songskiee
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    CBIA change...

    Posted: 30 May 2019 05:45 PM PDT

    I just learned that CBIA is disassociating with Pilgrim and will now only offer connecticare (notoriously small network) is anyone else considering other options? What are they?

    submitted by /u/MRA3192
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    New to businesses and attempting to create - any advice?

    Posted: 30 May 2019 09:25 PM PDT

    TL;DR - Want to create an esports brand with eventual financial backing but have hit a roadblock with continuing the business plan/marketing research. Any help for leads/helpful information?

    Hey people of r/smallbusiness

    Gonna' be frank here - I have barely a clue to what I am doing and I have been researching my ___ off (does this subreddit allow profanity? I'm going to leave it blank just in case) loads of information on business plans, marketing research, etc etc.

    I am currently attempting to create an esports org from scratch; I have friends who have knowledge in certain types of business and social media managing, but primarily I am going at this blind. I so far have the:

    -Name

    -Objective (esport brand, urban apparel, and entertainment)

    -1/6thish of the business plan complete

    -A mock outline of potential revenue/expense for a month

    -Beginning of a content outline

    -Partially done making a mock**** contract (this is mostly so that way I have a rough idea of what I am wanting to say so that way once I get a professional touch I can show them and say "around this is what I want"

    Honestly I think I have hit a point of "what do I do now/next?" Because I feel quite overwhelmed at points doing this. I don't try to heave through it hours at a time otherwise I feel myself being "drowned" almost.

    Any advice/anything to look into? I have a few sources to look into for VC's however I want my presentation to look as pristine as possible.

    I know what I want to do, I have the vision and a list of people that could fit the bill. I just really need the logistics which, to me, honestly is the hardest part.

    Also if this is in the wrong space to post this, I apologize because I mostly just look around while on reddit and this is my first really long post.

    Thanks in advance!

    submitted by /u/clearlynotnick
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    How do you set achievable goals in a software business?

    Posted: 30 May 2019 09:12 PM PDT

    Hi guys. Looking for help with goals for a start up games business. Specifically figuring out how to determine objectively what kind of product to make. Thought of using an e-mail marketing to get empirical data about what kinds of games are not high quality / on the market and desired.

    Bottom line trying to answer whether it is worthwhile to invest money into it, and if so where the effort should be focused (labor, ads, what kinds of ads).

    Adult answers only please :). Thanks.

    submitted by /u/a90234023
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    Opening a small online shop in California

    Posted: 30 May 2019 02:58 PM PDT

    Long story short, I am starting an online decal shop as a side hustle. I have all the decal materials and the online shop set up already, but I'm not sure how taxes and licenses work.

    I'm from California, how do taxes work here? Let's say for every decal I'm charging $1 (just an example), should I charge an additional tax fee at check out or something? Also do I need any business licenses since it's only a small shop?

    Thanks for any input!!

    submitted by /u/westagr_am
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    I've had a bunch of bad experiences working with major lifeguard companies throughout my life, what would I need to do to start my own?

    Posted: 30 May 2019 08:09 PM PDT

    As the title states, I'm looking at starting my own lifeguard instruction company in Florida. I have been trained as a lifeguard for 9 years and have been an instructor for 3 of those years. I know lifeguarding very well and feel very confident in all of my skills and my ability to develop programming and train new people. I also already know a large amount of people who are interested in becoming lifeguards, but are unable to get into an American Red Cross class because they're so infrequent, or are turned off by the high cost of the company I am currently licensed through so I would have a decent base for business. I was looking over the laws for the state of Florida and Statute 64E-9.008(2)(a)2 of the Florida Administrative code says that I must use a Nationally accredited program or the equivalent.

    What would decide if my program would be the equivalent of the national program? Does it just have to teach the same things with the same detail?

    I am thinking about starting the company as an LLC to reduce my liability, would this be smart or is there a better option for something like this?

    What would be some other important legal steps to take to get this started?

    submitted by /u/DifferentMountain
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    Desperate for alternative to Bank Of America

    Posted: 30 May 2019 06:57 AM PDT

    In 2 weeks I have barely been able to get a single call back after opening a business account with BOA. I've been trying to set up merchant services as well but after the first merchant services rep stopped answering calls (found out he went on vacation), the 2nd rep has told me for 3 days in a row "I'll send over the merchant terms and call you back in a few hours"

    At this point I'm cutting ties but can't seem to find any bank that really sticks out from the pack.

    What aspect of your business' bank made you choose/stick with them?

    Edit: thanks for all the suggestions. My main use is accepting large Amex/wire payments as a broker so that's pretty much the only reason I even need merchant services in the first place.

    submitted by /u/ShowerSteve
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    Terms of service and privacy notice

    Posted: 30 May 2019 07:43 PM PDT

    Hello folks, I had a question to anybody who might have experience with this. I am starting a service providing business (lawn care type business) and was looking into setting up my terms of service and privacy notice. We have a template set up and were wondering if consulting with a business attorney is a good idea/worth the money in order to cover our behinds. I heard somewhere that consulting a local attorney is the best approach as they will be more familiar with local laws and regulations, as well as more accessible in case we need to reach out to them. Can any of you provide any advice on whether or not I'm overthinking this? The business is based in California. Thank you all!

    submitted by /u/Throwaway_per2018
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    Email list: Anyone use mailchimp with shopify, it is giving me trouble.

    Posted: 30 May 2019 07:13 PM PDT

    I migrated my email list to shop sync so I can continue to use mail chimp and shopify. When people would sign up for my newsletter they would get an automated email with a promo code. Now, nothing. I deleted the old automation and created a new one. Still the same issue. What am I doing wrong here or is this feature not available anymore? Mailchimp made it easy. It's so frustrating that shopify and mailchimp can't get along. If i can't get this to work are there any recommendations for free/cheap email marketing apps?

    submitted by /u/F15hm0ng3r
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    Brick and Mortar Owners, what holidays are you closed?

    Posted: 30 May 2019 08:05 AM PDT

    We close for the big ones, Christmas, Thanksgiving, 4th of July will be weird this year on a Thursday, so not sure what I'm going to do there.

    On other Holidays, like Memorial Day, I end up wavering. Someone will ask "Are we going to work on Memorial Day?" a month or so ahead of time and I have to look at the calendar and say "Uhhh, no?" and just decide on the spot. Other times for other holidays will depend on how busy we are.

    I'm wanting to have a set in stone Holiday closure policy to help my employees schedule trips and such well ahead of time and so I can also post it to our website. So what Holidays are you 100% always closed for?

    submitted by /u/draziwkcitsyoj
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    Web homepage

    Posted: 30 May 2019 06:32 PM PDT

    What is the easiest and CHEAPEST way to have something on my domain home page that is VERY SIMPLE? Think white page with logo and contact link only. Something to get rid of the generic domain not working error message.

    submitted by /u/noeldive
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    QuickBooks Recording payment help

    Posted: 30 May 2019 06:15 PM PDT

    Need help with QB. Just got it and have a small handful of payments to put in but I'm not sure what the best way of doing it is.

    submitted by /u/eurojdm
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    Partnership book recommendations

    Posted: 30 May 2019 05:34 PM PDT

    I am currently merging a sewing and a upholstery company with a business partner. I've never had a partner before or split up equity and I'm fearing the unknown unknowns. Any book recommendations out there on those or related topics? Words of wisdom?

    submitted by /u/amiablydelirious
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    What is your $$ threshold for confronting shoplifters

    Posted: 30 May 2019 05:20 PM PDT

    Simple question. I fun a side business from my home and while most of it is online box and ship some local trade happens. Cash sale of scratch and dent, damaged packaging and last one of an item etc etc

    Most of the stuff appeals to teen twenties crowd and it seems a lot of them seem to have sticky fingers.

    Where do you draw the line so far as a dollar value before involving law enforcment?

    I mostly just write it off to me being stupidly optimistic in humanity but I'm getting jaded. Last few I've just called out and point blank said. I know there was 6 of that on the table before you came in and now theres 4. Thanks for your business please leave and never come back.

    I just know that they have no comprehension about how an adult conviction for theft would haunt them for over a decade so far as getting a real career started.

    submitted by /u/daniellederek
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    Help me with ideas of starting a business

    Posted: 30 May 2019 03:51 PM PDT

    My summer job is going to help teens become entrepreneurs. I will be getting help from professionals. I need a good idea for my company. The point is to sell as much as possible. Post ideas and if it's good and makes money I will donate some of my total earnings to charity.

    I live in Sweden we have a charity called Musikhjälpen. If I do get an idea from reddit I will donate from my earnings 10% of 10k Kr wich is around 1k dollars. If we get 20k kr i will donate 20% and so on. I will make an Instagram account so it's easier to follow the progress and to show you when am donating the money to the charity. The charity is during December month this year. Thank you!

    submitted by /u/Chiamaera
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    Tips and Tricks of having your own business?

    Posted: 30 May 2019 02:44 PM PDT

    My sister and I own a small t-shirt company together. We started out at sublimation and vinyl printing, but in the last three months we have gotten a direct to garment printer which majorly expanded our opportunities. I am hoping to get any advice or tips about growing your small business into something sustainable. Right now, our income is like a rollercoaster ha.

    We recently got an accountant to take over our finances because neither of us have any idea what we are doing in that area. What should we ask of him or expect of him? Could we give him an amount we want to take home each month and expect him to help us set budgets and goals to give us an idea of what it would take to make that happen?

    We have also thought about an intern, but was wondering if the time you would invest in teaching would be worth it. Thanks so much in advance!

    submitted by /u/frecklefacekidz
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    Fundraising Thursdays - A Forum to Ask About Fundraising, Investors, Accelerators, and Other Sources of Capital

    Posted: 30 May 2019 02:34 PM PDT

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