One of the many things that my mom didn’t have to deal with in the Winelda S. Bishop CPA days was having a cloud-based file storage system.I know this for a fact because one of the annual tasks that dad and I were pulled into involved this waterfall process where current year becomes prior year; […]
Category Archives: StartUps
Another Clue
If you’ve seen National Treasure you’ll get the reference. If not then I don’t even feel badly about spoiling it for you because you should have seen it by now. It’s a treasure hunt and every clue leads to “another clue” to the point that the real mystery is whether the clues lead to anything […]
Why this formula: Sales – Profit = Expenses
Mathematically this formula is the same one we use for GAAP accounting with a little spin. What you may normally see is Sales – Expenses = Profit but throw algebra at it and you come up with the same thing: Sales – Profit = Expenses This one simple and remember, mathematically sound bit of manipulation […]
I do my own stunts
“The Website is the window to the soul of the business” William Shakespeare – I may be paraphrasing What I mean by this is that I’m doing this website myself. You may not be surprised to learn this but I thought I’d throw this out here because I’m going to start a section on here […]
The Gig Economy
A year ago bankrate.com reported that almost half of all Americans had some kind of side hustle. Like you’d expect, millennials are leading the pack but gen-x is not far behind and even roughly a quarter of baby boomers have side jobs. I think we’d all love to think that these side gigs are providing […]