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Small Business

Financial management strategies and tools for small business owners

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Private Equity Roll-Ups in HVAC and Plumbing: What Your Business Is Actually Worth
·mike

Private Equity Roll-Ups in HVAC and Plumbing: What Your Business Is Actually Worth

Small HVAC and plumbing shops sell for 2.0x–3.5x SDE while assembled PE platforms exit at 17x–20x EBITDA — that multiple arbitrage powers the roll-up wave. Here's what determines your number, why $200K of rejected add-backs can cost $1.3M at closing, and how clean books protect your price.

small-business
trades
business-acquisition
Income Share Agreement Accounting: How Bootcamps Should Recognize ISA Revenue
·mike

Income Share Agreement Accounting: How Bootcamps Should Recognize ISA Revenue

Income share agreements break ASC 606's fixed-price assumption, and the Department of Education ruled in March 2022 that ISAs are private education loans. Here is how bootcamps and trade schools should book ISA revenue — variable consideration with the constraint, loan-receivable treatment under ASC 310/326, and cohort-level non-payment reserves.

revenue-recognition
education
loans
Independent Bookstore Bookkeeping: How to Protect a 2-10% Net Margin
·mike

Independent Bookstore Bookkeeping: How to Protect a 2-10% Net Margin

Independent bookstores net just 2-10% per the ABA's ABACUS survey, even with 40-50% gross margins. A practical bookkeeping guide to the transaction types that erode that margin — sale-or-return vendor credits, expiring co-op advertising funds, consignment and trade-credit liabilities — plus the 4-6x inventory turnover benchmark that predicts trouble early.

bookkeeping
small-business
inventory
Infrared Sauna Studio Bookkeeping: Memberships, Depreciation, and the Utility Bill
·mike

Infrared Sauna Studio Bookkeeping: Memberships, Depreciation, and the Utility Bill

How infrared sauna studios should handle the three bookkeeping issues that decide profitability — recording $150–$250/month memberships as deferred revenue rather than same-day income, classifying a $30,000–$250,000 buildout for Section 179 versus leasehold-improvement depreciation, and tracking utility costs of $0.30–$1.50 per session before they erode margins.

bookkeeping
small-business
revenue-recognition
IRS 2026 Standard Mileage Rate: 72.5 Cents vs. the Actual Expense Method
·mike

IRS 2026 Standard Mileage Rate: 72.5 Cents vs. the Actual Expense Method

The IRS standard mileage rate rises to 72.5 cents per mile for 2026. Here's how it compares with the actual expense method, why your first-year choice can be irreversible, and what a mileage log needs to survive an IRS audit under Section 274(d).

tax
tax-deductions
tax-planning
Non-Emergency Medical Transportation (NEMT) Bookkeeping: Trip Logs, Broker Reimbursement, and False Claims Act Risk
·mike

Non-Emergency Medical Transportation (NEMT) Bookkeeping: Trip Logs, Broker Reimbursement, and False Claims Act Risk

NEMT providers face a documented audit risk unlike most small businesses — a 2022 federal audit found 72% of sampled New York claims non-compliant, and billing a no-show as a completed trip can trigger False Claims Act penalties starting at roughly $14,000 per claim plus treble damages.

healthcare
compliance
fraud-prevention
Pung v. Isabella County: What the Supreme Court's 2026 Tax Foreclosure Ruling Means for Business Owners
·mike

Pung v. Isabella County: What the Supreme Court's 2026 Tax Foreclosure Ruling Means for Business Owners

The Supreme Court ruled 8-1 in Pung v. Isabella County (2026) that tax foreclosure surplus is measured by the auction sale price, not fair market value, leaving commercial property owners — only ~20% of whom escrow property taxes, versus ~80% of homeowners — especially exposed to losing equity.

real-estate
property-management
tax
Right to Repair 2026: How Parts-Pairing Bans Open a Door for Independent Repair Shops
·mike

Right to Repair 2026: How Parts-Pairing Bans Open a Door for Independent Repair Shops

As of January 1, 2026, Colorado, Washington, and Oregon ban software-based parts pairing on electronics and appliances, forcing manufacturers to open OEM parts and diagnostic access to independent repair shops — here's what the new rules mean for compliance and inventory bookkeeping.

right-to-repair
inventory
cost-of-goods-sold
New State Disclosure Laws Are Forcing Merchant Cash Advance Providers to Show Their Real Numbers
·mike

New State Disclosure Laws Are Forcing Merchant Cash Advance Providers to Show Their Real Numbers

Ten states now require merchant cash advance providers to disclose an APR alongside the factor rate, turning opaque MCA pricing into an apples-to-apples comparison for small business owners.

loans
financing
apr
Trade Show Exhibitor Bookkeeping: Booth Fees, Drayage, and Measuring the ROI Payoff
·mike

Trade Show Exhibitor Bookkeeping: Booth Fees, Drayage, and Measuring the ROI Payoff

A cost-by-cost breakdown of trade show exhibitor bookkeeping — how to categorize booth fees, drayage (typically $100-$200+ per hundred pounds), travel, and collateral, when to accrue the expense, and how to calculate cost-per-lead so a show's ROI shows up in the numbers instead of a gut feeling.

bookkeeping
expense-tracking
small-business
Bookkeeping for VR Arcades: Deferred Deposits, Per-Station Depreciation, and Revenue by Stream
·mike

Bookkeeping for VR Arcades: Deferred Deposits, Per-Station Depreciation, and Revenue by Stream

How VR arcades and location-based entertainment venues should keep their books — split revenue across six streams, book party deposits as deferred-revenue liabilities, depreciate each $50,000+ station separately, and track revenue per available station hour, the LBE equivalent of a hotel's RevPAR.

bookkeeping
small-business
revenue-recognition
Wedding Officiant Bookkeeping: Ordination Rules, Self-Employment Taxes, and Deposit Accounting
·mike

Wedding Officiant Bookkeeping: Ordination Rules, Self-Employment Taxes, and Deposit Accounting

Online ordination doesn't make you IRS clergy — officiant fees are ordinary Schedule C income subject to 15.3% self-employment tax. This guide covers where online ordinations face county-level recognition problems (Tennessee, Virginia), what celebrants actually charge ($300–$1,000+), and why booking deposits belong on your books as liabilities until the ceremony happens.

bookkeeping
self-employment
side-hustle
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