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2 years ago

(Mar 13, 2023 05:36)

Federal Reserve Chair Jerome Powell’s strategy to speed up the central bank’s inflation-fighting efforts is unraveling in the wake of Silicon Valley Bank’s collapse https://t.co/JZIQPX8zeB

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53

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122

2 years ago

(Mar 13, 2023 07:00)

BREAKING: SVB Financial Group and two top executives were sued by shareholders who accused them of concealing how rising interest rates would leave its Silicon Valley Bank unit, which failed last week, susceptible to a bank run https://t.co/aaNrn1Cw2y https://t.co/aaNrn1Cw2y

Retweet count

53

Like count

92

2 years ago

(Mar 13, 2023 05:28)

I'm likely closing my franchise in the upcoming months. would it be helpful for anyone to read my story?

Hey Guys, Posted on here a few days back about the struggles we've been having with our home services franchise. My wife and I sat down over the weekend and I laid out our P&L, and if things turned around projected out different scenarios. We'll likely make the decision to close the business, and pay down our debt for a few years until we try something again. I'm wondering if any of you would be interested in reading my story via a regular post on Reddit? I'd like to include a lot of details as I think its necessary to provide a real representation of how everything went down, but don't want to waste my time if nobody is interested. I'd include things like the franchise process, discovery day, working with a consultant, red flags, perception vs. reality, etc. Just trying to be helpful, as I know most who post on here probably haven't actually went through every potential business owners worst fear. Thoughts?

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24

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49

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2 years ago

(Mar 13, 2023 05:53)

How do S-corps handle savings?

I can't seem to find a corporate bank account with a decent interest rate (such as a high yield savings account), and there doesn't seem to be a way to invest corporate funds outside of a retirement account. What do people with s-corps do with significant amounts of money that the company will need within the next six months? It seems like a waste to just leave large amounts of money in a regular bank account. Thanks!

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13

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2

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2 years ago

(Mar 13, 2023 06:29)

Should I register a LLC ?

I have an Etsy store and online store where I sell tshirts. All the accounts (Etsy, PayPal etc) are linked to my SSN. The stores make a few sales here and there not a whole lot. Would it make sense to register a LLC (sole proprietorship / single member LLC) and use that for all my stores and PayPal? Would there be any tax benefit or isolation for my personal assets? Would it benefit if I expand in future to other sources like affiliate marketing etc. Appreciate your thoughts.

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7

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2

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2 years ago

(Mar 13, 2023 08:20)

UK warns China poses ‘epoch defining challenge’ to world order https://t.co/b8QEj8SFeN

Retweet count

15

Like count

34

2 years ago

(Mar 13, 2023 05:55)

FDIC insurance up to $100 million

During PPP we helped a lot of people on this subreddit. So light of everything going on today, I want to let you know that Titan Bank can provide same day business bank accounts with >$100M of FDIC insurance should you need it. Details are on the link below and if you anything let me know. We are a very well capitalized which I'm CEO of. [https://www.titanbank.com/intrafi](https://www.titanbank.com/intrafi) Jonathan Morris CEO Titan Bank, N.A.

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3

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3

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2 years ago

(Mar 13, 2023 08:55)

Is Bizbuysell legit?

Has anyone found / bought a business using the site bizbuysell.com? If so, can you share your experience?

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8

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0

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2 years ago

(Mar 13, 2023 07:09)

HIRING:

Where do you guys find the most success when hiring???

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4

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2

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2 years ago

(Mar 13, 2023 07:25)

Opening my own small business

I have so many questions on this topic. Where to get started? What do I need? How will I need to adjust my business if something like pandemic lockdowns happens again? I have been reading a lot of posts here. I know all of you know the panic and anxiety. Do I just put both feet forward and do it? I just read a post about someone who is closing after 5 years and part of that time was through the lockdown. How do you manage to get past that? I am very interested in getting some of your ideas and knowledge.

Reply count

5

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1

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2 years ago

(Mar 13, 2023 10:42)

US stocks fall as investors brace for further impacts of Silicon Valley Bank's collapse https://t.co/GvX8QambgQ

Retweet count

10

Like count

36

2 years ago

(Mar 13, 2023 07:22)

EV Tax Credit (S Corp vs Personal)

Purchased a vehicle in early 2022 which qualifies for the $7,500 tax credit. I am deprecating the vehicle through my S-Corp. Do I file the $7500 tax credit on my personal 1040 with Form 8936. If not, how do I claim it through the S-Corp? Some kind of general business credit?

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1

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5

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2 years ago

(Mar 13, 2023 10:29)

Just published: front page of the Financial Times, UK edition, Tuesday 14 March https://t.co/4iqrNiYErV https://t.co/BRduItdfj7

Retweet count

15

Like count

31

2 years ago

(Mar 13, 2023 06:21)

Just started my own business- Any tips on how to get leads?

I just started my own business but client acquisition is very challenging. Any one who can share the best way to acquire leads?

Reply count

4

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1

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2 years ago

(Mar 13, 2023 07:56)

LLC Dissolved/Termination California

For anyone who dissolved or terminate their LLC in California, how long did it take?

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4

Upvote count

1

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