Let’s go around the table and introduce ourselves. My name is Avraham Kroll from Baltimore. I am a seventh grade teacher at Cheder Chabad and I own and operate Kroll Bookkeeping LLC a virtual bookkeeping company servicing small businesses.

Oh I like this idea! Hi I am Baruch Niebloom and I run a non profit frum.finance, a software consulting firm, and a real estate investing (buy and hold rentals) company, all as side projects though.

Hi! I'm Rivy Segal. My side hustles are real estate (2 unit rental, 31 pad mobile home park, 1 airbnb, and 4 wraparound mortgages), and an online boggle website (ewordchallenge.net -- don't judge! we just bought it, we know it looks awful). I'm constantly toying with the idea of buying a laundromat or a self storage facility too but don't know enough about it yet

my wife runs a small business of crazy ideas. She doesn’t have an official job but finds silly ways to make some money on the side. My favorite example is when she was in graduate school she found out it costs a ton of money to buy the graduation outfit you wear at the ceremony, so she bought it as a freshman and rented it out every year lolsob

Hi, I’m Mrs Sarah Wirtzberger, the creative director of The Copy Guru, a marketing and copywriting enterprise. I’m always looking for new ways to generate passive income (haven’t found one that resonates just yet)

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Hi everyone, I am the owner of Yidish Graphics. We do all kinds of graphics, from Ads & Logo's to Chinese auction brochures, and much more. We also specialize in researching your family tree, and then building a masterpiece for you, with more then thirty name plate options, multiple background options, many different layouts & super cheap prices.

Does anyone have an accountant or knowledgeable professional they could recommend that could advise us the best way to get money out of the business without hitting the corporation taxes etc? L

Need to hire 2 people right now - 1 someone really good with digital marketing to improve funnels, strategize on improving a paid subscription product with a proven business with a large existing membership base etc, and 2. a salesperson with a base and commission for a digital marketing business which is small but profitable - having trouble finding people. Anywhere good to find talent for something like that? I am hesitant to use upwork for something like this

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TLDR 1. Instead of just randomly buying and spending, do I need to be documenting everything super carefully for taxes or any other purpose? (if so, I'll need suggestions, because it wont happen naturally) 2. Is it dangerous to be spending as much money as I can on growing the business (advertising, merchandise, software)? Currently, the number in my bank account did not go up very much since I started, but I have very few living expenses and I have lots of merchandise now which will hopefully sell for a nice amount. 3. Anyone have a suggestion for keeping track of profits/expenses in general and specifically for the purpose of giving maaser properly? Just joined this group and I am excited to see how I can grow from it! I started a small business about two months ago. Currently, it's doing well enough to support my free rent as an 18 year old living at home. My question is (not sure if this would be better in a different channel): I just made a website, got a payment processor, signed up with my state to collect sales tax, got an EIN from the IRS and started selling. I don't know anything about taxes or regulations. I am also very unorganized. Additionally, it's all running on a personal bank account (I hope to change that soon). One day when the time comes, I will need to worry about taxes, but I don't know if I need to be doing anything now in preparation for that or not? Also, I started with almost no money. Currently, I am investing ~90% of profits into new merchandise. I don't know if I need to be saving up more for other things. Lastly, I do not know a good way to keep track of profits for maaser. Sorry, I feel like many of these questions are not worded so well and/or are stupid questions. Feel free to just link me to the right place, thanks everyone!

Everything In Life Is Cyclical A lot of mistakes in life come when you think risk is something caused by external forces, when in fact the weight of your own success is enough to pull you down without any outside help. This episode is brought to you by my friends at 10 East – an investment platform for sophisticated investors to access private markets. To learn more visit 10east.co. Slack Conversation

Best Small-Business Lenders of 2024 The best small-business lenders include SBA lenders, banks, credit unions, online lenders, microlenders and more. Compare top options. Slack Conversation

Any recommendations for a business checking account for an LLC that is barely operational yet?

If anyone knows of a small business that might be looking for a bookkeeper please let me know. One of my biggest clients is closing his business so I’m in the market for some new clients.

Is there a section discussing how setting up a business can help reduce cost by putting some expenses on your business?Like travel for Yom Tov? If you wrap the days with relivant business work... Thread in Slack Conversation

has renamed the channel from "small-business" to "business"

My favorite tax influencer has launched a completely free tax law community! https://www.skool.com/actualtaxlaw/about?ref=70b9c06b2f284af0b91556f2f0d45731

I'm offering business process automation to handle your menial drudgery so you can focus on building. Some things I'm working on right now: 1. For a multifamily real estate company - I'm building a collection system that calls tenants who are behind on rent to offer them a payment plan. 2. For a service provider - I'm creating an auto receptionist that schedules and reschedules appointments and follows up about billing issues. DM me and we can talk about dealing with bottlenecks or annoyances in your business.

I've just gotten started freelancing business automation projects, and I haven't really worked out pricing and have a hard time estimating how long projects are going to take. Today I met with some private equity folk who want me to automate some of their property management workflows for their portfolio and they are asking about pricing. Does anyone have useful resources on figuring out how to price projects for big customers? I'm also curious if anyone has ideas or experience and knows what works. I don't want to undersell, or lose the job. And I'm not sure how to go about writing a proposal.

Can anyone recommend a payroll company or individual that can set up payroll for a small LLC with one FTE?