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What does Jim Quinlan think?

Managing to success. I've built existing and start-up companies to obtain capital, public and private or government, to fulfill their dreams. With accounting, tax, and legal experience, I've built all facets of the business to work more efficiently and effectively. As a people person, ... See full profile

Have to agree. Risks are avoided in the accounting profession since it loses if a risk turns out bad. One needs experience in risk taking to be...
We have not reviewed ours in a while, but, from recollection, tax rules do not require the "when and where," just odometer readings or maybe just...
The "why" of the mistakes should be discovered and addressed in remedy or in discipline.
Good point, Wayne. Usually, when I come into a business, I see that they need to get them to use their accounting software and get away from Excel.
Unless your company is public or its owners are not aware of these lax practices, you are dealing with another's money and, if they are okay with...
How much control or info you want depends on how much you trust the entity. Also, does the partner maintain inventory or do you ship directly? Makes...
Sounds like you have covered almost everything. Assistance with private schooling for kids would help, if he has school age kids. Pre-arrival hiring...
All good suggestions so far. Using the Cloud would be a good move as that is definitely the future. Also, find a program that can check all the...
Look into the energy industry for PPAs (Power Purchase Agreements). A wind deal in Oregon closed and completed by using such to finance the...
Is this for a US or European transaction?
I will share a list via email. Contact me at jquinlanwellcount [dot] com. If there is an easier way to get it to you, let me know.
Set the trigger event, describe a valuation method, account for tax effects, set binding arbitration (just use AAA rules but parties appoint two to...
83% of the government is still funded. Contract stoppage as with park closure are being done at the discretion and direction of the executive, who...
You can just do cash flow, starting from your business' last busy season through the end of the next, graphics are better than numbers. If you have...
A successful, wise HR leader told me that it's best done at the end of the day, with the directly superior boss just telling the person then leaving...
Timberline has some very good consultants who can make it do all sorts of things that do not look possible out of the box. These are independent of...
It is cheaper and faster -- so long as the acquired company is clean. In the present climate, raising capital in the public market is burdensome and...
If you cannot quantify your potential losses, hire a group that can. Once you have that you can measure your savings against your losses. You need...
There are lenders for every sort of asset. So, get a solid value on inventory, get a loan offer; also, check on loaning on your AR (yes, factoring...
Most of the "Risk Factors" to include are ones common to all businesses -- market, regulation, personnel (to name a few). You can get that 90% from...
Yes. It helps speed up the process, so, ultimately, pays for itself.
I will send some to you, ones we've had written or composed in house and some we received as investors and closed the deals. Wish you well.
Given software help, creating the checks required are not so hard and worthy of application.