Della Kirkman, CPA Della Kirkman, CPA

SmallDeals = HugeGains

  • Ignore the big boy mantras.

  • Buying a job is a great step to success.

  • You're not married to the business.

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Della Kirkman, CPA Della Kirkman, CPA

Connections-->

  • Overnight success takes time and effort.

  • Start collecting snowflakes. (Not that kind!)

  • Momentum builds from activity, not stagnation.

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Della Kirkman, CPA Della Kirkman, CPA

Step #1 to Buying a Small Business

  • Know thyself.

  • Developing your personal Investment Thesis.

  • The Kirkman 4 K approach.

  • Bizbuysell.com, the Tinder of business buying.

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Della Kirkman, CPA Della Kirkman, CPA

Your Balance Sheet

  • The Balance Sheet shows a snapshot of your company at one point in time.

  • BS accounts never start over. They have a life just as long as the company itself.

  • A negative Retained Earnings doesn't always indicate a bad biz.

  • Sample BS provided.

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Della Kirkman, CPA Della Kirkman, CPA

First Meeting Battle Prep

  • Selling yourself to the business owner.

  • Asking the seller for a loan?

  • A list of DOs and DON'Ts.

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Della Kirkman, CPA Della Kirkman, CPA

The 4 Ks of Buying a Business

  • Starting a business from scratch is begging for failure.

  • Do you have to be Elon to buy a business?

  • The 4 Ks of Knowledge to become a business buyer.

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Della Kirkman, CPA Della Kirkman, CPA

Into the Depths of Depreciation...

  • What needs to be depreciated?

  • What are the options when depreciating an asset?

  • How do you read a depreciation schedule?

  • What is the relationship between cash and depreciation?

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Della Kirkman, CPA Della Kirkman, CPA

One Business-Two Prices?

  • Old equipment vs new equipment.

  • The big deal of Goodwill.

  • Stock sale or asset sale.

  • It's all about taxes and depreciation.

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Della Kirkman, CPA Della Kirkman, CPA

Work Worship

  • The work-life balance debate.

  • Blending the two for ultimate impact.

  • Acquisition entrepreneurship for the win.

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Della Kirkman, CPA Della Kirkman, CPA

Flipping Restaurants

  • Almost everyone has wanted to own a food and bev biz at some point.

  • Owning a restaurant can be like owning an apartment building.

  • Your restaurant can also serve as your sole practitioner office space.

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Della Kirkman, CPA Della Kirkman, CPA

Let's Get Wealthy with ESOPs!

  • The Publix poster child.

  • Great acquisition tool.

  • Perfect for estate planning.

  • Saving the tax burdened cannabis industry.

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