Archive for Danny Mueller's Blog
Danny’s Sample Post #2
Posted by: | CommentsI have built two accounting businesses. The first one was built and sold during the 1980’s. I relocated and began building the current accounting practice in 1989 in a new area with no clients. So I have experienced first hand the same struggles that every business owner experiences. Getting customers, hiring and managing employees, meeting payroll, rent, bills, cash flow and all the stresses of running a business. I have been successful twice in this endeavor and from it I can relate to the business owner.
The business owner faces the threat of extinction on a daily basis. The statistics are alarming. Statistics claim that most businesses fail in the first two years. Actually it is worse than that. Statistically 17 out of 18 businesses do not survive beyond 8 years. That means that if your business is not older than 8 years, chances are it will not make it.
The business needs help to survive. Our education system does very little to prepare the business owner for what he faces everyday in an attempt to thrive and survive. They need a good business advisor to go to for advice and practical business solutions. That is what a good CPA should be…..
Danny’s Sample Post #1
Posted by: | CommentsHi, I am Danny Mueller, CPA and founder of CPA+, PLC. I have been in public accounting and income tax arena since 1976. I am originally from a small community in southwest Oklahoma. My father operated a small auto repair business in that community and I worked for him throughout high school and while I was going to college. From that experience I developed a love for the small business owner and an appreciation of the hopes, dreams and struggles of operating a small business.
While I was at college my father died suddenly from a heart attack and I was forced with the decision of running his business or selling it. I really wanted to be an accountant and I hoped to sell his business to help support my mother. Much to my surprise and dismay, I learned that when the business owner dies so does the business. I was really saddened by seeing my dad’s business that he so cherished basically being auctioned away for “pennies on the dollar”.
This had an impact on me. How could I help the business owner realize their dreams for their business?
