QUOTE – 96% of all businesses fail within 10 years, with 80% failing within the first two years. But even the 4% that make it aren’t necessarily successful or profitable; it just means they’ve survived. If this weren’t enough… 95% of companies will never reach $1 million in annual sales. And out of these rare few, 95% won’t ever make it to $5 million. And of those, 98% won’t get to $10 million. Less than a tenth of a percent will make it to $10 million. And very, very few go beyond $100 million. [Sabri Suby]
QUOTE – “72% of private business owners have switched CPA & accounting firms because the firm ‘did not give proactive advice, only reactive service.’ [Elite Business Resources.]
QUOTE – “Anyone may arrange his affairs so his taxes shall be as low as possible; he is not bound to choose the pattern which will best pay the Treasury; there is not even a duty to increase one’s taxes,” – [Judge Learned Hand]
QUOTE – “Privately owned businesses pay more tax than the law requires at higher rates than the Global 500.” [SBA, GAO & Huffington Puffington Post]
QUOTE – “60 of America’s biggest companies paid no federal income tax in 2018.” [CBS]
QUOTE – “What business owners really need is a partner & financial confidante to talk to them about what’s going on in their business.” [Elite Business Resources.]
QUOTE – “People want to be told what to do so badly, they’ll listen to anyone.” [Don Draper]
QUOTE – “The universe is indifferent.” [Don Draper]
QUOTE – “We have surveyed firms, and they tell us nearly 80 percent of their compliance revenue (which is typically 80 percent of all revenue) is data entry, checking, processing and filing”. [Rob Nixon] For which they charge professional fees.
QUOTE – Clients want you to be proactive. They do not know, what they do not know. They want advice. They want help. They want someone to tell them what to do.
QUOTE – “Some men aren’t looking for anything logical, like money. They can’t be bought, bullied, reasoned, or negotiated with. Some men just want to watch the world burn.” [Michael Caine.]
QUOTE – “There are years when nothing happens, and there are weeks when years happen.” [Vladimir Lenin]