Business Accounting
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Business Accounting via http://www.MiamiAccounting.info We believe the educated entrepreneur and sales professional avoids the infamous death before 5 year rule. We partner with entrepreneurs to organize, educate, and increase their return on investment. We just happen to be accountants...
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Business Accounting
- 1. Finance Education Taxes Business Accounting Guide & Taxes, Inc. Kevin Jimeno
- 2. Finance Education Taxes Business Accounting Guide & Taxes, Inc. Fernando Jimeno
- 3. Finance Education Taxes Business Problems I Faced
- 4. Finance Education Taxes Business Problems I Faced
- 5. Finance Education Taxes Business The Famous 2008 Recession
- 6. Finances Education Taxes Business Problems We Face • Disposable Income at all time low and companies cutting budgets • We average 10 hour work days • Research shows highest predisposed time for depression • Mindset : struggling economy and fewer client • We are Running out of time, patience, and money
- 7. Finance Education Taxes Business The Frustrated Teacher Suffers 16% Pay Cut
- 8. Finance Education Taxes Business Since 2008…….
- 9. Finance Education Taxes Business WHY DID YOU BECOME AN ENTREPRENEUR? Effective: Successful: • Working in your • Working on your business business • 10 hour + days • Your own hours • Not there = no $$ • Money works for you All Business Is A Family Business…
- 10. Finance Education Taxes Business nt ors Me
- 11. Finance Education Taxes Business Financial Education 4 expenses that Keep You Poor:
- 12. Finance Education Taxes Business Financial Education 4 Types Of Money:
- 13. Finance Education Taxes Business Financial Education 4 Types Of Assets:
- 14. Finance Education Taxes Business
- 15. Finance Education Taxes Business The Entrepreneur Experience Coaching
- 16. Finance Education Taxes Business 90 Day’s Review Of Your Profit & Tax Strategy
- 17. Finance Education Taxes Business Happy Tribe!
- 18. Finance Education Taxes Business 3 step system to Financial Freedom and avoiding problems with the IRS.
- 19. Finance Education Taxes Business Which One Are You?
- 20. Finance Education Taxes Business Professionals Have Coaches, Amateurs Have Themselves
- 21. Finance Education Taxes Business Professionals Have Coaches, Amateurs Have Themselves
- 22. Finance Education Taxes Business To Partner With Us Right Now….. Jimeno@AGTaxes.com Subject: “Webinar” www.AGTaxes.com
- 23. Finance Education Taxes Business Is this worth it? •Your average hour is worth = $100 •You average 20 hours a month doing your accounting •Your wasting on average $2000 a month of valuable time A Bookkeeper employee gross cost - $4,487 average We have clients who start in our silver start up system at
- 24. Finance Education Taxes Business It’s Time To Become A Lucky Social CEO *Works Balanced Hours *Little Stress *Great Relationships *Diverse Economic Life *Continuous ROI *Gives Back To Community *Leader *Mentor
- 25. Finance Education Taxes Business
- 26. Finance Education Taxes Business “Most people leave school only to become slaves to money. It is time schools provide financial education, because we do not have true freedom, until we have financial freedom." - Robert Kiyosaki
Editor's Notes
- I have been an entrepreneur for a decade now since I was 20
- Which I am pretty sure my wanting to work on my own came from my father who opened Account Guide & Taxes, our family’s firm ,23 years ago. I remember him at times working until midnight during tax season and thinking to myself that I did not want to be in the same boat when I grew up. However, little did I know, when I started my first business venture in Real Estate, I found myself working 16 hour days just to get it going.
- It took me about 4 years of trying all aspects of marketing and sales, getting rejected 100’s of times to finally get things going
- Even though I was making good money 4 years later at the age of 24, I still felt I wasn’t successful. Having a profitable business, allowed me to buy all the toys a young guy wants, but I couldn’t enjoy them because I was trapped in my business. I had employees, a mortgage, an expensive car payment, rental properties, and so on. Although I had the means to, I couldn’t even dream of taking a vacation because not only did it affect my immediate cash flow but the long term affect of trying to catch back up meant losing a lot more money. After 4 years of learning, trying, and working harder and longer than most people my age, I had built a business that was completely dependent on me. Throughout my work, my Dad offered his advice and knowledge but instead of listening, my being young and foolish led me to want to prove to him I could do this on my own without his guidance. Being short-sighted, I continued to spend my money knowing I could just work harder to make more. The rat race seemed to never end for me as I kept making investments and bills kept stacking up.
- Finally in late 2007, as I was studying the markets and our economy, I finally understood there was no way we, as a nation, could continue doing what we were doing. I’m not just referring to the so called real estate bubble people kept whispering about, but nothing really seemed to add up for me. So, at 27, I finally went to my Dad and told him how I felt. I admitted I was unhappy, felt stuck, and way in over my head. We brainstormed on an exit strategy and the options I had. In 2008, the world as we knew it ended and a new reality began, as things were no longer the same for anyone. Luckily, because of the warning signs I’d picked up on, I notified my employees before hand, warned my clients and I was able to position myself to take an easier hit than most people. Looking back, all I can say now is that I’m thankful for my dad’s advice….
- Here we are today. Years later, the nation is in a major crisis and facing the possibility of another recession… We are running out of time, money and patience. Research shows Americans are in the highest predisposed time for depression in the last 25 years. We average 10 hour work days with a struggling economy and fewer clients for most. Disposable income is at an all time low and everyone is making budget cuts in all the wrong places.
- A friend of mine, who is a teacher, just told me how she was notified of a 16% pay cut with no additional resources for her to do her job…oh and that 10 more students would be added in her already crowded class….After much consideration, she reflected on her options, refused the change and chose to leave her education career all together, a career she was passionate for and enjoyed That’s when I realized that during my college years, during the time when things were I guess what you can call “good” compared to now, school really only taught me how to be effective instead of successful.
- During the past 3 years I ‘ve been working one-on-one with Entrepreneurs and sales professionals in showing them HOW to implement proper guidelines and build a business that actually works for you instead one we are slaves to. I’m teaching them how to avoid the mistakes I made when I first started. This gave me a world of knowledge in so many industries that I was able to sit down with my dad at the end of 2010 and started analyzing all of our clients and experiences we have accumulated servicing hundreds of small businesses in the last 5 years.
- First question we asked ourselves was “why did I become an entrepreneur”…to be effective at what I do (whether it’s being a doctor, realtor, trainer) or to be successful at what I do? That’s when it hit us, every client we have ran a family business…meaning many families depended on it to be successful. But remember we were all taught in school and college to be effective at our craft instead. [Review Chart}
- So we took our education and experiences further by learning from the likes of Robert Kiyosaki, Donald Trump, Eban Pagan, Michael Gerber and many more successful financially educated entrepreneurs. Taking our business to the next level we created our business and personal strategies under one educated Formula for Financial Freedom…
- We identified…. 4 expenses that keep you poor and created solutions for it like : Taxes to the government: keep you poor unless you know how to use their own loophole laws to keep more money in your pocket where it belongs Debt to lenders & creditors: will drown you unless you have the right budget and the create the conditions to stick to it Inflation –food, energy (gas), medical keep going up: so the only way to offset the rising cost is knowing where to invest your money so the same reasons gas goes up can work in your favor rather than against you Retirement – bad investment plans by so called financial advisors that spent less time getting their licenses then what it takes someone to become a licensed therapist. Being in a network of professionals who actually put their money where their mouth is every single year and experience positive gains is the only way to plan for the future. There are wealth cycles to study that show you how to be ahead of the “bubbles”
- Next you need to understand the 4 Kinds of Money: Income – What you make as an employee – which is never secure no matter how long you been with the company Profit - Investment Capital Bonuses Operating Capital that gives you a cushion in case of shortfalls ROI Capital on taking risk (Profit is the fuel of progress) Cash Flow -Your income statement is static, flow is dynamic MONEY SELDOM MOVES AS YOU EXPECT , save by being more: Effective, Efficient, and by knowing when to Pull Out (Management needs to be realtime) – Biggest Mistake Biz owners make is right here Equity – The Value of your business
- Finally there are 4 types of assests: Owning a Profitable Business Cashflow Real Estate Smart Paper Assets - stocks, bonds, mutual funds, savings Commodities, oil, gas, gold, silver, precious metals
- We took these facts and created a simple 3 step system to Financial Success while avoiding any problems with the IRS. First we knew organization, monthly review of your financial report card, and peace of mind was critical to making the correct decisions in your business and protecting your investments. Yes, having everyday access to a team that keeps you organized and guides you in the most important aspect in your business, just like a CEO in a major fortune 500 company has, is key to your success. Always having updated financial information to make key choices but more importantly with and a team of professionals going through it with a fine tooth comb making sure everything is on track to meet your financial goals gives you the support and peace of mind to run your business. We also take care of all the IRS forms and pain in the butt requirements they want you to do all year round just to make a buck….Not to mention if you have payroll you can now save time and headaches knowing its being taken care of and directly deposited in to your teams accounts.
- We then decided to stack the value and give you my monthly boot camp training of the 7 guidelines your business plan needs for a complete profitable entrepreneur experience. Here we guide you in creating marketing strategies, implement an effective sales process, create operation systems to have your business running on auto pilot, position you as a leader in your industry or a tribal leader as I like to call it, and finally help you discover the purpose that makes you love getting up in the morning to go to work.
- Finally, the best for last …. Every 90 days I sit with my brother Danny, who runs things around here now and the same man who saved my butt back in 2008 along with countless of other clients in our network.. My mentor and father and review your current financial picture, your goals, and go through any questions or decisions your business is facing at the moment. That means unlike most of your tax specialists who only meet with you during tax time, with AGT you get access to contact someone on the team anytime to make sure things are running smoothly. When problems are found, we take steps necessary to formulate a plan to make sure your business shifts toward the positive in the next 90 days before it’s too late…
- Happy Tribe Testimonials!!
- This is the formula to financial freedom AGT provides hundreds of entrepreneurs and sales professionals just like you in our network. The results will explode your return on investment. We now have clients who actually know the true definition of having a financial education. They understand the difference between good debt and bad debt to make the right choice in investing. They know how to tell the difference between capital gains vs. cash flow and how tax rates works for earned income, portfolio income, and passive income to create a strategy to earn each type. If you don’t know how to apply this to your business plan don’t worry most of us didn’t either until we sat down and took it step by step with the right coach…..This is what we will do with you in creating your custom Financial Freedom strategy from day 1.
- Now let me explain to you…..the 3 kinds of clients we usually meet with. This I learned from the man himself Donald Trump… 1. the Make It Happen Type - Master of Change/Expansion 2. the Let It Happen Type - Victim 3. the Ask What the Hell Happened Type – Major Victim Those that “make it happen” partner with us to analyze start working on getting it done vs having a year long conversation on how it should be done. Which one are you? Are you currently sitting with your Financial Team to answer Questions like: Who owes you? Who do you have to pay? How much is your net worth? Are you spending your money using the tax benefits correctly? Am I getting a ROI? And many more questions just like these should be answered right away by the team you are working with and advising you to Financial Success.
- Having a professional accountant and a consultant on your team, much like coaches, help you create solid financial habits, keep you on track, and help guide you. Professionals have coaches...Michael Jordan had Phil Jackson so did Kobe and Shaq
- You know who doesn’t have a coach? The fans sitting on the sidelines criticizing great players when they make one bad play… Amateurs sit on the sideline with no mentors and just complain and talk about what those who are actually doing the work, could and should do Follow in successful footsteps instead of trying to recreate the wheel Either way, life will make sure we learn the lessons we need to learn, one way or the other
- Robert Kiyosaki always say’s...WHY BE AVERAGE ?!? = Get An Education in Financial Freedom turning your mind into an Asset takes more than just reading a book, listening to a DVD, or attending a workshop.... Education is a process [OFFER PACKAGES HERE]
- How much does an hour of your day cost you : $100 an hour? How many hours do you spend on your accounting a month? Average 20? Accounting is costing you $2000 a month of VALUABLE TIME. Or you pay even more for hiring a bookkeeper as an employee without professional tax knowledge The action you take today will make your tomorrow....
- It’s time to become a Lucky Social CEO: *Work balanced hours *Enjoy Little Stress *Build Great Relationships *Have a Diverse economic life *Reap the benefits of Continuous ROI *Give back to your community *Be a Leader *Be a Mentor
- More Happy Tribe!
- “ Most people leave school only to become slaves to money. It is time schools provide financial education, because we do not have true freedom, until we have financial freedom." - Robert Kiyosaki