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accounting

  1. Financial_Femme

    The Value of Accountants that Offer Business Coaching and Cash-Flow Forecasting

    TAXES | REGS 
    I wanted to discuss the immense value accountants who offer business coaching and cash-flow forecasting can bring to our ventures. As small business owners, we are constantly navigating through the intricacies of managing finances, making informed decisions, and ensuring the long-term success of...
  2. Chet Shen

    Should I learn accounting before building a business & how should I familiarize myself in my new community.

    EXECUTION CHAT QUESTION 
    I'm currently 15 year old in high school, in Australia and I just read all of MJ's books. I'm kinda asking myself the practicality and the usefulness of the lessons they teach in school, the concepts they teach in school don't seem practical or useful when I have a business to me. I always ask...
  3. Camzcl

    Accrual Accounting Question

    TAXES | REGS 
    Hi all! Hope you're having a lovely Monday. As tax season comes to an end I'm facing a little dilemma here. My business sells physical products that are quite elaborate to manufacture. due to the worldwide logistics shitshow, we've had several delays delivering product to our client this year...
  4. Tanu1234

    How to do bookkeeping in Quickbooks? Tips based on my experience

    Quickbooks is a popular choice for accounts management. Quickbooks is easy to use with awesome features. You can handle most of the accounting tasks such as invoicing, payroll, budgeting and reconciliation in QB. It requires a little bit of time to learn the software functionality but it’s worth...
  5. Akshay Kumar

    Is CA(Indian CPA) course a good basis for a fastlane business and can a CA firm be a fastlane business?

    Hi Everyone!!! I am a high school student from India. After checking out on multiple options, I found that CA is a suitable course for me as I love working with numbers. But I want to make it clear that I don't wish to do a JOB as I value freedom a lot in my life. After consulting a lot of...
  6. Jmartin

    Subscription/Expenses Tracking Application For Free

    Hi guys, I am working on a project called CostTeam, costteam.com. At this moment it is a free application to track subscription and recurring expenses for USA and Canada, although we are working on expanding it to other countries. We use bank-level security and read-only access to analyze...
  7. 21elnegocio

    Taxes - Strategies or Techniques to Lower My Tax Bill?

    TAXES | REGS 
    Hello Just wanted to see what are your guys techniques or strategies that you use to lower down your tax bill at the end of the year ?
  8. V

    Getting back on fastlane

    Hi all, I was on Fastlane it feels like a few years ago. I looked around, wasn't sure what to do. Then, I started an investment company, did very well, then my partner had a lot of issues, and we had to close down (he was the trader). Now, I've restarted and reinvested. I've opened up an...
  9. Argin Gerigorian

    Financial Literacy

    Ok so here I am a 25 year old dropout! Running a couple of businesses now and understanding the game more and more. However, I want to be more financially literate, as MJ mentions in both books I believe. I've Googled some courses or online classes but having a hard time finding one that...
  10. D.Davis

    LIT NOTES: 'Profit First' by Mike Michalowicz

    PROFIT FIRST Revenue Is Vanity, Profit is Sanity, and Cash is King. Take profit first, then grow. You must figure out the things that make profit and dump the things that don't. When you focus on profit first, you inevitably figure out how to make profit consistently. The Survival Trap...
  11. Z

    Career vs Fastlane Advice..maybe both?

    Hi guys, need advice from some like minded people. I'm a senior in college graduating in May with a degree in finance. I have over 1 yr. of accounting experience ; almost 2 by May. I'm also set to work at a commercial real estate firm upon graduation. For the record, I love RE(specifically...
  12. PersistentlyHungry

    [Recommendation] Business Modeling and Financial Projections Tool

    Hello everyone! I'd like to recommend a very useful tool I came across - Poindexter, it's useful for: Financial projections Business modeling, in terms of customers, revenue streams, expenses Basic accounting reports Poindexter | A Simple Business Modeling Tool It's an excellent way to get a...
  13. Scot

    Profit First (by Michalowicz) - Does it work?

    HOT! 
    The book Profit First by Mike Michalowicz was recommended through two podcasts I listen to, EOFire and Soloprenuer Hour. I decided to grab the audio book and check it out. Not only was it pretty funny to listen to, it was a really interesting take on business accounting. The basic premise of...
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