Don Tarinelli, MBA, CFE

Most prospective sellers of businesses who contact me spend too much time thinking about fees and not enough thinking about buyer seriousness, #negotiating techniques, and #ROI. Doing the last three well often renders the first moot. I realize it's likely fighting millions of years of #evolution around loss aversion but it also separates you from millions of amateur thinkers. If you want uncommon results, you need uncommon thinking.

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🚨 Attention Small Business Owners! Act fast! Our next Masterclass is in TWO DAYS. Chad S. Brown, CPA, is a small business finance guru who specializes in strategic planning, bookkeeping, and tax optimization. This hour-long live training will take place on Thursday, May 16, at 3:00 EST. Can't make it? No worries, catch the recording and transcript anytime. Register now: https://lnkd.in/eW5XU8x8. **And use code MAYHAPPYHOUR to get this month FREE! #masterclass #finance #smallbusiness #taxplanning #entrepreneurship #webinar 📈📊

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Cash flow. That’s where Scrooge McDuck jumps into his pool full of gold right? 💰 Seriously though, most home service businesses end up losing profits or even having to close their doors because they don’t understand the difference between cash flow and profits. 📈 📊 Mike Milan shares the difference and how it impacts your bottom line. 🤑 Let me help you understand other ways profits may be dripping (or gushing) out of YOUR business… Listen to this episode - I’ll put the info below👇 #ProfitLeaks, #KeepMoreMoney, #ProfitMindset, #SaveYourProfits, #BusinessFinances, #SmallBusinessProfits, #ProfitFirst, #Entrepreneurship, #FinancialLiteracy, #BusinessPlanning

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At The Bottom Line Bookkeeping LLC, our financial close on the 15th is a pivotal event for esteemed clients. Here's a detailed look at our recent activities for our clients in Real Estate and why they matter: 🔍 Detailed Documentation: We meticulously record every property closing document, ensuring accuracy in property costs, loan amounts, interest rates, insurance, taxes, legal fees, and cash payments. 💼 Refinancing Record-Keeping: We post refinancing documents to accurately calculate the actual loan amount for each property, providing clarity on financial obligations. 🏠 Property Sale Analysis: Our team meticulously posts property sale documents to record income and expenses incurred by companies, facilitating transparent financial reporting. 🔧 Maintenance Expense Recognition: We ensure proper recognition of maintenance expenses, deciding whether to capitalize or expense them, optimizing financial reporting and decision-making. 🏢 Tenant Payments Allocation: We allocate each tenant's rental payments and security deposits accurately, ensuring precise financial management and tenant accounting. 📈 Strategic Insights: Our meticulous approach to financial close delivers clear insights into property performance and market trends, empowering informed decision-making and portfolio management. 📊 Financial Dashboard Delivery: Once all is reconciled and accurate, we provide clients with detailed financial statements and tailored dashboards for a clear, comprehensive view of their real estate investments. 💬 Ready to streamline your real estate finances? Connect with us to discover how our expertise can drive success and financial stability for your property ventures! 🏢📊 #RealEstateBookkeeping #FinancialClose #PropertyManagement #InvestmentInsights #BookkeepingExperts

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Raise your hand if you love asking for referrals from customers!!!🫣🫣🫣 You probably dislike it because it feels uncomfortable, you’re not great at it, or you want to prove yourself to the customer first. 😬 Joe Pallo of Sell Nothing is back to remind us of the GOLDMINE we are missing out on if we don’t ask. How many NEW customers did he get, just from referrals alone? 😲 Find out Joe’s approach to helping us accept it’s ok to be a rookie at referrals, and how to get better at it! :⛹️ All the details are waiting for you below! ⏬ #BusinessAdvice, #ProfitFirstTips, #SmallBusinessReferrals, #CustomerReferrals, #BuildCustomerRelationships, #ProvideValue, #GetMoreProfit, #CultivateReferrals, #SalesTips, #BusinessGrowthAdvice

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SPOILER ALERT: You really only NEED one business bank account. 🏦 But, some interior designers opt to open multiple accounts for different reasons. For example, if you want to make sure you don't touch the money you're saving for taxes, you may want to open a savings account specifically for those funds. I've seen a lot of designers open an additional bank account solely for payroll too! The key thing I want you to take away from this post is that you need at least ONE business bank account. Running your business out of your personal account is a HUGE no-no! 🚫 Schedule a free consult with me at www.vintagegreyllc.com today!📆 #interiordesign #interiors #interiordesigner #interiordesignbusiness #interiordesigners #designers #design

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Multi-state rentals? Get strategic 🧐 Seeing clients buy rentals in multiple states like Dallas, Ohio, Miami, and Minnesota in one year is exhilarating! 🔥 But without a property manager or strategic plan, those great deals can become overwhelming. Always ensure you have a clear strategy for managing your properties.🏘️ BOOK A DEMO - https://lnkd.in/d5bin8KN #cpa #realestate #investment #property #rental #strategy #demo

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Professional Services Firms, Engineers, Construction, CPAs and Architects... As a business owner gearing up to sell your company, you might face numerous challenges that can complicate the process and affect the outcome. Understanding these common issues can prepare you for a smoother transaction and help you navigate the complexities with greater confidence. Here are some frequent hurdles you might encounter: Valuation Disputes: Valuing a business accurately is crucial but challenging. Disagreements over valuation methods and outcomes can derail negotiations. Finding the Right Buyer: It’s not just about finding any buyer, but the right one who sees the true value of your business and aligns with your future vision for the company. Due Diligence Delays: The due diligence phase can uncover issues previously unnoticed, leading to delays or even deal breakups. Financial Misrepresentations: Inaccurate or outdated financial records can decrease trust and interest from potential buyers. Emotional Attachments: Emotional ties to the company can make rational decision-making challenging, potentially scaring away serious buyers with unrealistic demands or expectations. Tips for Overcoming These Challenges: Engage Experts: Work with experienced advisors to help accurately value your business and navigate complex negotiations. Prepare Thoroughly: Ensure your financial records are impeccable and all legal documents are in order. Be Objective: Try to detach emotionally and view the sale from a strategic business perspective. 🔗 Are you planning to sell your business or already in the process? Let’s connect! We specialize in helping business owners like you streamline the selling process for the best possible outcomes. Feel free to reach out directly or comment below with your experiences or questions about selling your business. Let's navigate these challenges together! #BusinessSale #BusinessValuation #Entrepreneurship #BusinessChallenges #Leadership

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The best part of my job is getting to work with business owners who are making their dreams come true... and here's what they ALL have in common: At some point, they stopped talking about following their dreams and started DOING instead! 📈 Not sure whether you need an LLC or to register to collect sales tax? Don't let these questions hold you back from getting started. I want to be a resource for your new business! #horses #petcare #veterinarymedicine

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💡 Want to save money on your services? 💡 Here's how to reduce your service costs effectively and boost your bottom line! 💰📈 #aba #appliedbehavioranalysis #abatherapy #abainbusiness #abaconsulting #businessblueprint #businessgrowth #entrepreneurship #cfo #accounting #tax

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🦷💼 I cannot emphasize enough the importance of building a cash forecast that projects monthly burn over the next 12-18 months. Good, viable dental practices & group practices can & will close their doors in this unique environment when it could've been avoidable. Know your cash balance & runway cold. #dentalgroup #dentalgrouppractice #groupdentistry #dentalindustry #groupdentistrynow #groupdental #dentistry #dentist #patientrecruitment #patientexperience #dental #dentalpractice #dentalpracticemanagement #mergersandacquisitions #dentalpracticesolutions #dentaltechnology #DSOs #dentalcare #healthcare #dso

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I'm sure we'd all agree that our favorite teams invest in creating amazing client experiences, but they're not alone. Small business owners too have a passion for creating incredible client experiences. Is there a small business that you'd like to recognize for creating an outstanding client experience? Tag them in this post and let them know that you're proud to help them earn a profit. #SmallBusiness #Entrepreneurship #LocalBusiness #ChamberofCommerce #ClientExperience

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Do you know anyone looking to buy a franchise? Be sure they get the numbers checked out before they sign! Like any business purchase, a franchise is a serious commitment and should not be taken lightly. The financial consequences of a rash decision can be far reaching and needs to be thought through carefully. A Pre purchase Review is an essential part of your due diligence. Just like a pest inspection before you buy a house! Let me know if you’d like more information. See link in comments. Peter #franchise #franchisedevelopment #thefranchiseaccountant #smallbusiness #franchiseopportunities

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🔍 We are working with many of our clients forecast cash and income for the next quarter and H2 2024. Do you know what your cash flow will be? For every business, effective cash flow management is crucial. While a 13-week cash flow forecast helps owners you make tactical decisions, it's equally important to look further out (6-month to 1-year) to set your strategic direction. Here are the differences between both types of forecast: 🎯 13-Week Cash Forecast: Tactical Decisions - Manage short-term cash inflows and outflows - Address immediate operational needs - Ensure liquidity for smooth functioning 🌟 6-Month to 1-Year Forecast/Budget: Strategic Planning - Plan for investments and expansions - Identify financing needs and develop a strategy - Set revenue and profitability targets - Make informed hiring and resource allocation decisions By combining tactical insights with strategic guidance, you can navigate short-term challenges while charting a course towards your long-term goals. 💡 Pro Tip: Regularly update and refine your forecasts based on actual performance and market conditions. Need help with your cash flow forecasts or budget? Reach out to our team at Proseer! #CashFlowForecasting #FinancialPlanning #Entrepreneurship

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What are the advantages and disadvanatages of listing your investment property on airbnb or Stayz? There are new changes in each state that may impact you if you have an airbnb property? #investmentproperty #propertytax #shortstays

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