SitesForSales
New Contributor
- Joined
- Jan 20, 2012
- Messages
- 42
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Rubbish.
The business worked fine under the previous owner who built it and knew what to do - used his own brain.
The bookkeeper is the least of your worries - she made the same mistakes under past ownership
but they still managed to come out ok.
Unfortunately the previous owner didn't train you or give you a manual to follow with a system
and maybe didn't mention the 63 hours per week on average he worked IN the business or
more importantly HOW HE SPENT THAT TIME - WHAT HE WAS DOING/DEALING WITH.
That's the real problem - you just don't know how to "manage" this business
and you were foolish enough to buy it.
- What you really need to do is:
Offer him some money to come and coach you for a few weeks.
If he refuses, THEN seek criminal charges for fraud due the fact that the owner himself
would have had to sign off on the tax forms and is responsible. You THEN get a lawyer
involved for civil issue on contingency. Do first what makes sense - talk - see if you
can get the past owner to help - if not - haha - he'll learn.
The business worked fine under the previous owner who built it and knew what to do - used his own brain.
The bookkeeper is the least of your worries - she made the same mistakes under past ownership
but they still managed to come out ok.
Unfortunately the previous owner didn't train you or give you a manual to follow with a system
and maybe didn't mention the 63 hours per week on average he worked IN the business or
more importantly HOW HE SPENT THAT TIME - WHAT HE WAS DOING/DEALING WITH.
That's the real problem - you just don't know how to "manage" this business
and you were foolish enough to buy it.
- What you really need to do is:
Offer him some money to come and coach you for a few weeks.
If he refuses, THEN seek criminal charges for fraud due the fact that the owner himself
would have had to sign off on the tax forms and is responsible. You THEN get a lawyer
involved for civil issue on contingency. Do first what makes sense - talk - see if you
can get the past owner to help - if not - haha - he'll learn.
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