Accounting Talk » Accounting » 1099

1099

Question:

Anyone know how to file 1099 forms now?  I went to fill download and fill them out at the irs website and it said something about you can’t just print them out on the computer like you could in past years.  So how do I file one?

Response:

Anyone know how to file 1099 forms now?  I went to fill download and fill them out at the irs website and it said something about you can’t just print them out on the computer like you could in past years.

They didn’t let you do it last year, either. So how do I file one?

1099s were due by January 31. You may have to check to see what you have to do to file them late. IRS offices have copies of the 1099 and associated forms, but you might have to ask for them specially since you are late in filing.

Response:

Anyone know how to file 1099 forms now?  I went to fill download and fill them out at the irs website and it said something about you can’t just print them out on the computer like you could in past years.  So how do I file one?

You could not just print them out on a computer in the past either. Special red ink forms are needed. Go to your local office supply store and purchase a package of the 1099 forms you require. Fill them out and mail.

Response:

So how come i was able to do it two years ago?  At that time I generated them in turbo tax.  Didn’t need to file them last year which is why need to find out why I can’t file them this year.

Response:

Anyone know how to file 1099 forms now?  I went to fill download and fill them out at the irs website and it said something about you can’t just print them out on the computer like you could in past years.  So how do I file one?

On Monday, pick up the phone and call IRS at 1 800 829-3676 and ask for them to send you Form 1099 and Form 1096.  You should have them within 7 to 10 days. Wayne Brasch, CPA, M. S. Taxation

Response:

Just because you were physically able to send the IRS a form that you printed directly from Turbo Tax two years ago does not mean that it was proper to do so. You probably sent them the recipient copy.  IRS has for many years required the use of a special form that can’t be generated from computer software. You either get it from the IRS or purchase it from a forms vendor.

– Hide quoted text — Show quoted text – So how come i was able to do it two years ago?  At that time I generated them in turbo tax.  Didn’t need to file them last year which is why need to find out why I can’t file them this year.

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Accounting Talk » Financial Accounting » New, Unrivavled & 90% population need it – ACT FAST

New, Unrivavled & 90% population need it – ACT FAST

Question:

x – Hide quoted text — Show quoted text -PRE-LAUNCHING WORLDWIDE JULY – ACT NOW PHOENIX, ARIZONA U.S.A. BASED COMPANY HAS CREATED THE MOST POWERFUL AND PROFITABLE ONE CARD SOLUTION IN THE WORLD! THIS IS AN ENTREPRENEURS DREAM THAT IS CREATING THE MOST PHENOMENAL WORLDWIDE EXPLOSION NEVER SEEN BEFORE, WITH ANY PRODUCT, IN DIRECT SALES INDUSTRY You’re About To Discover The Most Exciting and Built-To-Last Opportunity That Will Enable You To Earn More Money QUICKLY, GLOBALLY and Keep It Coming For The Rest Of Your Life!! or visit http://www.globaldebitcard.net/unbeatable THIS UNIVERSAL CARD WAS CREATED BY: * THE COMPANY PRESIDENT, A FORMER OFFICER OF ONE OF THE  LARGEST INTERNATIONAL BANK IN THE WORLD * A FORMER SENIOR VICE PRESIDENT OF VISA INTERNATIONAL * A MULTI-BILLION DOLLAR WORLDWIDE FINANCIAL INSTITUTION UNMATCHED CREDIBILITY AND RECOGNITION The card functions on a Certified Platform that cost over $15 million dollars, took 6 years to create and can perform hundreds features. Ernst and Young, a leading International accounting firm, valued the platform at $25 million dollars.   International Multi-Function Debit Card Available In All Countries Carries The Logos Of: * A Multi-Billion Worldwide Financial Institution That  Holds And Insures  The Deposits   * The Largest Merchant Aggregating Company In The World * The Three Largest ATMs Networks In The World * The Largest POS Networks In The World UNMATCHED FEATURES * Anyone In the World Can Obtain The Card With NO Credit Check,  NO Questions and NO Interest * You Can Deposit And Use An UNLIMITED Amount Of Money * You Can Use It To Charge At Over 17 MILLION Point Of Sale Locations  Worldwide * Your Money Is Instantly Available Though The Three Largest ATMs Networks  In The World * Low Cost Member-To-Member Cash Online Transfer Feature Let You Tap And  Undercut The Three Trillion-Dollar Cash Transfer Industry! * Unique Feature Let You Transfer Money From Your Card To Your ACH  (Automated Clearing House) Checking Account * All Transfers Have Automatic Conversion In the Local Country Currency * You Can Carry Any Amount Anywhere In The World * It Can Be Used By Any Size Company As A Real-Time Global Direct Payroll  Deposit * And So Much More! or visit http://www.globaldebitcard.net/unbeatable UNMATCHED DEMAND * 90% Of Adults In The World Cannot Obtain A Credit Card Or A Checking Account * 40% Of People In The US Still Don’t Have A Credit Card * 90% Of Adults In The World Cannot Obtain A Credit Card Or A Checking Account * 15% Don’t Have A Checking Account * 75% Of People in the US Who Have A Credit Card Are Maxed Out * No Doubt, The Debit Card Market Is Substantially Larger Than The Credit Card  Market * Our Multi-Function Card Is HANDS DOWN, The Best Choice Of Any Debit Card,  Secure Card, Check Card Or Cash Card With A LOW PRICE Anyone In The World Can  Afford! UNMATCHED PROFITS! You Can Build A Worldwide Associates’ Organization From Any Country And Earn WEEKLY COMMISSIONS From Commissionable Business Centers Through An Incredible Front-End 2 X Infinity  - Plus Matching Bonuses Compensation Plan Historically Proven To Create  Business Momentum and Large Incomes FAST! You Can Build A LIFE-LONG MONTHLY RESIDUAL INCOME  In Usage Overrides * From Card Purchases * Money Transfers * All The Services The Card Offers Used By Customers And Associates In Your Worldwide Organization, Through The Most Lucrative Back-End Unilevel Compensation Plan A COMPANY BUILT-TO-LAST MAKING HISTORY AROUND THE WORLD The company is a stable three year old corporation that was formed   to develop and distribute worldwide  various breakthrough technologies that represent giant advancements in global financial services, e-commerce, telecommunications, Internet technologies and other advanced solutions. The company has developed a powerful system of truly global connectivity and is extremely well poised to attract and service a large International community of customers and Associates.   ACt fast – For more information send an email to or visit http://www.globaldebitcard.net/unbeatable Warmest regards Michelle Aldous http://www.libertyprofit.com/?refer_id=333000574 – Tired of recruiting, tired of selling, no experience required, no inventory – ALL you need to do is ENROL and Liberty take care of the rest http://mlmeducationalandresources.cjb.net – Ultimate educational and promotional resource center for MLM professionals. The one website that all Network Marketers MUST gain access to. http://iamgoingplatinum.cjb.net – Full FREE ISP that pays YOU to use the internet.

Response:

PRE-LAUNCHING WORLDWIDE JULY – ACT NOW PHOENIX, ARIZONA U.S.A. BASED COMPANY HAS CREATED THE MOST POWERFUL AND PROFITABLE ONE CARD SOLUTION IN THE WORLD! THIS IS AN ENTREPRENEURS DREAM THAT IS CREATING THE MOST PHENOMENAL WORLDWIDE EXPLOSION NEVER SEEN BEFORE, WITH ANY PRODUCT, IN DIRECT SALES INDUSTRY You’re About To Discover The Most Exciting and Built-To-Last Opportunity That Will Enable You To Earn More Money QUICKLY, GLOBALLY and Keep It Coming For The Rest Of Your Life!! or visit http://www.globaldebitcard.net/unbeatable
THIS UNIVERSAL CARD WAS CREATED BY: * THE COMPANY PRESIDENT, A FORMER OFFICER OF ONE OF THE   LARGEST INTERNATIONAL BANK IN THE WORLD * A FORMER SENIOR VICE PRESIDENT OF VISA INTERNATIONAL * A MULTI-BILLION DOLLAR WORLDWIDE FINANCIAL INSTITUTION
UNMATCHED CREDIBILITY AND RECOGNITION The card functions on a Certified Platform that cost over $15 million dollars, took 6 years to create and can perform hundreds features. Ernst and Young, a leading International accounting firm, valued the platform at $25 million dollars.  
International Multi-Function Debit Card Available In All Countries
Carries The Logos Of: * A Multi-Billion Worldwide Financial Institution That  Holds And Insures   The Deposits  
* The Largest Merchant Aggregating Company In The World * The Three Largest ATMs Networks In The World * The Largest POS Networks In The World
UNMATCHED FEATURES * Anyone In the World Can Obtain The Card With NO Credit Check,   NO Questions and NO Interest * You Can Deposit And Use An UNLIMITED Amount Of Money * You Can Use It To Charge At Over 17 MILLION Point Of Sale Locations   Worldwide * Your Money Is Instantly Available Though The Three Largest ATMs Networks   In The World * Low Cost Member-To-Member Cash Online Transfer Feature Let You Tap And
  Undercut The Three Trillion-Dollar Cash Transfer Industry! * Unique Feature Let You Transfer Money From Your Card To Your ACH   (Automated Clearing House) Checking Account * All Transfers Have Automatic Conversion In the Local Country Currency * You Can Carry Any Amount Anywhere In The World * It Can Be Used By Any Size Company As A Real-Time Global Direct Payroll   Deposit * And So Much More! or visit http://www.globaldebitcard.net/unbeatable
UNMATCHED DEMAND * 90% Of Adults In The World Cannot Obtain A Credit Card Or A Checking Account * 40% Of People In The US Still Don’t Have A Credit Card * 90% Of Adults In The World Cannot Obtain A Credit Card Or A Checking Account * 15% Don’t Have A Checking Account * 75% Of People in the US Who Have A Credit Card Are Maxed Out * No Doubt, The Debit Card Market Is Substantially Larger Than The Credit Card   Market * Our Multi-Function Card Is HANDS DOWN, The Best Choice Of Any Debit Card,
  Secure Card, Check Card Or Cash Card With A LOW PRICE Anyone In The World Can   Afford! UNMATCHED PROFITS! You Can Build A Worldwide Associates’ Organization From Any Country And Earn
WEEKLY COMMISSIONS From Commissionable Business Centers Through An
Incredible Front-End 2 X Infinity  - Plus Matching Bonuses Compensation Plan Historically Proven To Create  Business Momentum and Large Incomes FAST! You Can Build A LIFE-LONG MONTHLY RESIDUAL INCOME  In Usage Overrides * From Card Purchases
* Money Transfers * All The Services The Card Offers
Used By Customers And Associates In Your Worldwide Organization,
Through The Most Lucrative Back-End Unilevel Compensation Plan A COMPANY BUILT-TO-LAST MAKING HISTORY AROUND THE WORLD The company is a stable three year old corporation that was formed   to develop and distribute worldwide  various breakthrough technologies
that represent giant advancements in global financial services, e-commerce,
telecommunications, Internet technologies and other advanced solutions.
The company has developed a powerful system of truly global connectivity and
is extremely well poised to attract and service a large International community
of customers and Associates.  
ACt fast – For more information send an email to or visit http://www.globaldebitcard.net/unbeatable
Warmest regards
Michelle Aldous
http://www.libertyprofit.com/?refer_id=333000574 – Tired of recruiting, tired of selling, no experience required, no inventory – ALL you need to do is ENROL and Liberty take care of the rest
http://mlmeducationalandresources.cjb.net – Ultimate educational and promotional resource center for MLM professionals. The one website that all Network Marketers MUST gain access to.
http://iamgoingplatinum.cjb.net – Full FREE ISP that pays YOU to use the internet.

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Category: Financial Accounting
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Accounting Talk » Accounting Software » fifteen peanut-butter-and-jelly-sandwi ches, ah! ah! ah!

fifteen peanut-butter-and-jelly-sandwi ches, ah! ah! ah!

Question:

Money and spirit, spirit and money.  The exact accounting of morality and karma, the abuses, confuses, excesses in the systems. Mana-gers, passing mana down the ranks… but I’me unemployed… who is my mana-ger?  Where is such a person? All my money has flown.  Can I ever work hard again at a 9-5 gig?  If not, how can I survive?  I suppose I could walk around the country with a backpack, lasting a few weeks on a big pack of corn tortillas. It all seems overwhelmingly, vastly unfair.  Enlighten me as to how this all is, or could be, or whatever, oh higher accountants of energy and waste in this earthling system I find myself. Thanks

Response:

It all seems overwhelmingly, vastly unfair.  Enlighten me as to how this all is, or could be, or whatever, oh higher accountants of energy and waste in this earthling system I find myself.

The good news is that you probably aren’t paying much tax. — Jim Hudspeth, CPA – http://home.att.net/~jdhcpa/mainpage.html – Washington, USA Associate Member, Association of Certified Fraud Examiners

Response:

how can I survive?

You can cut at least one expense by dropping your ISP.   — Paul A. Thomas, CPA Athens,  Georgia

Response:

Jim wrote, It all seems overwhelmingly, vastly unfair.  Enlighten me as to how this all is, or could be, or whatever, oh higher accountants of energy and waste in this earthling system I find myself. The good news is that you probably aren’t paying much tax.

I read in the paper yesterday that the average wages of employees in the software industry in King County, WA., for 3d Quarter has been released and it seems to be around $340,000 annualized.  This is down from $379,000 annualized for the first half of 2000.  The wages were 160K, 240K  and 300K for the years 97,98,99. Reports say there are large numbers of people whose options are at their 7 year expiration dates.   Tsk tsk.  They should have sold out last year and now have lost more than half their value. The median wages were $70,000 showing how extremely skewed these numbers are, by a few hundred microsoft millionnaires and billionnaires.   There are reportedly 60,000 people in the Seattle area whose net worth is over $1 million as a direct result of M$. Maybe after they finally exercise their f*&%% options, they will be able to leave town, and go to some nice sunny beach someplace. Todd * Todd F. Boyle CPA    http://www.GLDialtone.com/ * XML accounting, webledgers, BSPs, ASPs, whatever it takes

Response:

…. The median wages were $70,000 showing how extremely skewed these numbers are, by a few hundred microsoft millionnaires and billionnaires.   There are reportedly 60,000 people in the Seattle area whose net worth is over $1 million as a direct result of M$.

… And they deserve every sent they can earn.  A tip of the hat to these people, who through hard work and persistence have achieved so much. *             Ronald Lee Todd M.B.A., C.P.A.                  * *                                                             * *  Unemployed five years, and really beginning to enjoy it.   * *                                                             * *                   Ayn Rand was right                        *

Response:

…. The median wages were $70,000 showing how extremely skewed these numbers are, by a few hundred microsoft millionnaires and billionnaires.   There are reportedly 60,000 people in the Seattle area whose net worth is over $1 million as a direct result of M$. … And they deserve every sent they can earn.  A tip of the hat to these people, who through hard work and persistence have achieved so much.

The problem is they didn’t earn it.  They STOLE most of it, by achieving a monopoly position in the PC operating system during the early 1980s, and relentlessly crushing any company who ever came close to competing. Todd – Hide quoted text — Show quoted text – *             Ronald Lee Todd M.B.A., C.P.A.                  * *                                                             * *  Unemployed five years, and really beginning to enjoy it.   * *                                                             * *                   Ayn Rand was right                        *

Response:

The problem is they didn’t earn it.  They STOLE most of it, by achieving

They did not steal it.  They worked very hard, and very intelligently to get the wealth. a monopoly position in the PC operating system during the early 1980s,

No one in the pc industry has a monopoly.  To have a monopoly, you have to have no competition.  There has always been free entry into the market. The reason why most of them have succeeded is marketing.  Some of them are very good at it, and have succeeded very well, even though their products are far from the best, technically. and relentlessly crushing any company who ever came close to competing.

They have never been successful with this.  No one has, except in the vary short term. *             Ronald Lee Todd M.B.A., C.P.A.                  * *                                                             * *  Unemployed five years, and really beginning to enjoy it.   * *                                                             * *                   Ayn Rand was right                        *

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Accounting Talk » Accounting » Pre-flight flight simulating

Pre-flight flight simulating

Question:

Computer flight sims lack one major thing.  Feel.  Other than that, they can be a useful tool in practicing other aspects of flight.  I routinely practice IFR procedures, recognizing that sitting at home in my comfy chair in front of the computer is not as stressful as bouncing through shitty weather knowing the ground is down there somewhere, and knowing that an error could start a very nasty chain of events. Colin

It seems that we can agree on at least one little bitty thing. J Kelley

Response:

– Hide quoted text — Show quoted text – Computer flight sims lack one major thing.  Feel.  Other than that, they can be a useful tool in practicing other aspects of flight.  I routinely practice IFR procedures, recognizing that sitting at home in my comfy chair in front of the computer is not as stressful as bouncing through shitty weather knowing the ground is down there somewhere, and knowing that an error could start a very nasty chain of events. Colin It seems that we can agree on at least one little bitty thing. J Kelley

That’s because generally I’m an agreeable person. cr

Response:

    Well, my instructor commented that it definitely showed that I had been using the simulator, and I have been flying the plane since the beginning, doing the whole thing from preflight to shutdown. I have not been critiqued for any bad habits, and I definitely knew how to handle the aircraft and what to expect with differing control inputs.  I think there is nothing wrong at all with simulators, good simulators…..any $30 program, whether it be accounting or sims, is not going to be very useful…..all I can say is, the sim I use is very good, and was definitely not cheap.  I also think you are coming at the whole sim wuestion from the perspective of someone who has had the opportunity of flying from a very early age and some of us haven’t had this opportunity.  I have always kept it in my mind that the sim is not the real thing, and was expecting it to be a lot different in the plane, but it really wasn’t. I also found that landings in real life were a whole lot easier s you have a full field of view to assist lining up, not the "tunnel vision" of the sim.  As for sims making "airplane drivers" instead of real pilots, I seriously doubt it. The sim had already taught me to keep my head out of the cockpit, to "fly the picture" and other important things.  Anyway, you asked for opinons,  Andrew. – Hide quoted text — Show quoted text – The question that immediately comes to mind is this:  Are you really learining about flying, or are you merely learning about operating the kind of "flight simulator" that is in reality, merely a computer game? I critise the use of simulators for pre-flight training.  I appreciate well designed and set up simulators when properly used as instrument flight training aids. My experience with flight simulators dates from the early fifties when I was first introduced to the "Link Trainer" in the US Civil Air Patrol, from the mid fifties when I learned with them as a USAF Aviation Cadet, and in the mid to late fifties when, as a USAF single engine jet flight instructor, I used Curtiss instrument flight simulators to teach insturument flight procedures and radio navigation to cadets and student officers in basic flight training. My experience with PC flight simulators consists of FS 98 & 2000, FS Combat, Flight Unlimited II & III, Fly, Pro Pilot 99 and Jeppesson Flite Pro which is the only one I found to be worthwhile for instrument flight training, but otherwise a crushing bore. As a game, I find the best game type flight simjulators to be a lot of fun, but I’m sure to a moral certainty that their use by prospective flight trainees and fledgling flyers can only lead to the formation of the kind of bad habits that could destroy their chances of success in real life aviation. That doesn’t necessarily mean that they won’t learn to operate the kinds of aircraft crowding the skies today, but they are definately less likely to make pilots.  They may well become "airplane drivers" instead. J Kelley Before you buy.

Response:

I’m quite good at spotting traffic, but lousy at keeping the plane straight and level by reference to outside reference.  On my checkride the DE commented to me that steep turns are a lot easier by external rather than instrument reference.  But I don’t think this has anything to do with my use of the FS; I think I just naturally don’t trust my senses – never had the slightest trouble with unusual attitudes even after the usual vertigo inducing head movements. I don’t think using FS had any negative effects, but I don’t know that for sure. I didn’t start using FS until during my training when my CFI recommended getting it.  He told me to go through the entire checklist, just like in the real sim at the FBO and on the real aircraft, and treat it seriously by only accepting top notch performance from myself and never making excuses.  I found the real sim and FS both harder to accurately fly than a real plane. Peter

– Hide quoted text — Show quoted text – How did your flight simulating experience impact on your pre-solo flight training? J Kelley I felt it was helpful with nav and planning issues (my CFI suggested I get it) but was utterly useless in terms of learning to fly the plane. Peter Apart from being useless, did it in any way interfere with or retard your progress?  Did you have difficulty ‘keeping your head out of the cockpit?’  Did your instructor comment on your prior flight simulation experience in that regard? J Kelley

Response:

– Hide quoted text — Show quoted text – I’m quite good at spotting traffic, but lousy at keeping the plane straight and level by reference to outside reference.  On my checkride the DE commented to me that steep turns are a lot easier by external rather than instrument reference.  But I don’t think this has anything to do with my use of the FS; I think I just naturally don’t trust my senses – never had the slightest trouble with unusual attitudes even after the usual vertigo inducing head movements. I don’t think using FS had any negative effects, but I don’t know that for sure. I didn’t start using FS until during my training when my CFI recommended getting it.  He told me to go through the entire checklist, just like in the real sim at the FBO and on the real aircraft, and treat it seriously by only accepting top notch performance from myself and never making excuses.  I found the real sim and FS both harder to accurately fly than a real plane. Peter

I think that you are fortunate to have had flight experience before you started using a flight simulator.  I have absolutely no use for them in real life training outside of use as instrument training devices.  They are well suited for that if designed and set up properly. As to the comment by the examiner, he has a talent for understatement.  Attitude instruments have no place in contact flying.  It’s important to keep track of airspeed, altitude and power indications but you should otherwise keep your head out of the cockpit. J Kelley

Response:

The best thing you can do for your flight training is to follow your flight instructors lead and use flight simulators only upon his recommendation and only under his close supervision, not merely his silent acquiescence.  If he fails to lead in this regard, I would suggest shopping for another instructor. You are likely to benefit from simulated instrument flight practice, but only after you have become proficient in contact flight and are taking formal instrument instruction toward a rating.

Alas, time and scheduling make "shopping for an instructor" a luxury unavailable to me at this time.  Right now, I do a bit here and there, mostly to keep my head into it, while concentrating on improving my flying skills by doing cross countries whenever I can.  After each flight I go over everything I did and try to tear it apart, then work out how I will improve the next time in areas where I was less than perfect.  It is completely understandable why there is a XC time requirement before obtaining the instrument rating. When the opportunity presents itself (and perhaps when I find the "right" instructor) I will dive in completely and give it the full attention and intense schedule required to do it right. Peter

Response:

   Hi there,  I found the simulator I have very useful in helping me to learn how to fly. It taught me a lot of useful things, like how to maintain the aircraft’s energy in turns, how the controls react at different speeds and most importantly, how all those gauges and instruments are supposed to look as things happen. It also taught me a lot about landings too..  It is very important I feel to have a sim that has a very good flight model, and not to worry too much about graphics…someone said on one of these newsgroups that dogfighting is useless…I disagree! I learned a hell of a lot doing that.  I have Pro Pilot, and I think it is pretty useless for anything, but I am not in the Us..so it is not too relevant.  I often feel the people who criticise sims really haven’t used a good one..I have just come across a great sim…Virtual Wings. I only have the demo, but I have it on order……  Regards, Andrew.

Response:

   Hi there,  I found the simulator I have very useful in helping me to learn how

to fly. It taught me a lot of useful things, like how to maintain the aircraft’s energy in turns, how the controls

react at different speeds and most importantly, how all those gauges and instruments are supposed to look as things happen.

It also taught me a lot about landings too..  It is very important I feel to have a sim that has a very good

flight model, and not to worry too much about graphics…someone said on one of these newsgroups that dogfighting

is useless…I disagree! I learned a hell of a lot doing that.  I have Pro Pilot, and I think it is pretty useless for anything, but

I am not in the Us..so it is not too relevant.  I often feel the people who criticise sims really haven’t used a

good one..I have just come across a great sim…Virtual Wings. I only have the demo, but I have it on order……  Regards, Andrew.

The question that immediately comes to mind is this:  Are you really learining about flying, or are you merely learning about operating the kind of "flight simulator" that is in reality, merely a computer game? I critise the use of simulators for pre-flight training.  I appreciate well designed and set up simulators when properly used as instrument flight training aids. My experience with flight simulators dates from the early fifties when I was first introduced to the "Link Trainer" in the US Civil Air Patrol, from the mid fifties when I learned with them as a USAF Aviation Cadet, and in the mid to late fifties when, as a USAF single engine jet flight instructor, I used Curtiss instrument flight simulators to teach insturument flight procedures and radio navigation to cadets and student officers in basic flight training. My experience with PC flight simulators consists of FS 98 & 2000, FS Combat, Flight Unlimited II & III, Fly, Pro Pilot 99 and Jeppesson Flite Pro which is the only one I found to be worthwhile for instrument flight training, but otherwise a crushing bore. As a game, I find the best game type flight simjulators to be a lot of fun, but I’m sure to a moral certainty that their use by prospective flight trainees and fledgling flyers can only lead to the formation of the kind of bad habits that could destroy their chances of success in real life aviation. That doesn’t necessarily mean that they won’t learn to operate the kinds of aircraft crowding the skies today, but they are definately less likely to make pilots.  They may well become "airplane drivers" instead. J Kelley Before you buy.

Response:

– Hide quoted text — Show quoted text – My instructor had me operate everything in the plane from the first moment we climbed in.  I taxied, and did the runup, and then called my intentions to take off (uncontrolled field….FCA).  As I started my take-off roll, my instructor said, "Okay, this will look just like the simulator."  Key word in that sentence is "LOOK".  It is the feel that really gets you the first time you fly, and there is no simulator (at least the ones for a PC) that can simulate that.  The knowledge of the instruments, how they looked while in flight, and how to use them to cross check the other instruments is what the main benefit of the sim was for me.  I am not going to go as far as to say that this same knowledge could not be learned from well written text with good illustration, and I think that all simulator work should be done with actual flight training books to cross reference. — At first, I was surprised to hear how many flight instructors seemed to accept flight simulation and either worked with or around it.  I now think that it may have become a non-issue because of economic reasons. Flying schools are in business to make money and are reluctant to take any position that might steer customers away.  If you are a flight simmer, I would expect any school to welcome you and perhaps even praise your self taught pre-flight preparation through simulating. Personally, I am appalled. J Kelley

Computer flight sims lack one major thing.  Feel.  Other than that, they can be a useful tool in practicing other aspects of flight.  I routinely practice IFR procedures, recognizing that sitting at home in my comfy chair in front of the computer is not as stressful as bouncing through shitty weather knowing the ground is down there somewhere, and knowing that an error could start a very nasty chain of events. Colin

Response:

– Hide quoted text — Show quoted text – I think that you are fortunate to have had flight experience before you started using a flight simulator.  I have absolutely no use for them in real life training outside of use as instrument training devices.  They are well suited for that if designed and set up properly. One thing that made a difference may be that I have made it clear from the beginning that I fully intend on getting the instrument rating (I’m working on it now).  However, for serious use, I think FS is just a toy and virtually useless, especially compared to time in an actual aircraft.  It seems not worth the time to fool around with FS, rather spend the time on other things. Others must surely be better, but I’m going to concentrate on the more traditional methods at this point.

The best thing you can do for your flight training is to follow your flight instructors lead and use flight simulators only upon his recommendation and only under his close supervision, not merely his silent acquiescence.  If he fails to lead in this regard, I would suggest shopping for another instructor. You are likely to benefit from simulated instrument flight practice, but only after you have become proficient in contact flight and are taking formal instrument instruction toward a rating. J Kelley Before you buy.

Response:

I think that you are fortunate to have had flight experience before you started using a flight simulator.  I have absolutely no use for them in real life training outside of use as instrument training devices.  They are well suited for that if designed and set up properly.

One thing that made a difference may be that I have made it clear from the beginning that I fully intend on getting the instrument rating (I’m working on it now).  However, for serious use, I think FS is just a toy and virtually useless, especially compared to time in an actual aircraft.  It seems not worth the time to fool around with FS, rather spend the time on other things. Others must surely be better, but I’m going to concentrate on the more traditional methods at this point.

Response:

When the opportunity presents itself (and perhaps when I find the "right" instructor) I will dive in completely and give it the full attention and intense schedule required to do it right. Peter

Good luck! J Kelley – Hide quoted text — Show quoted text –

Response:

– Hide quoted text — Show quoted text – My instructor had me operate everything in the plane from the first moment we climbed in.  I taxied, and did the runup, and then called my intentions to take off (uncontrolled field….FCA).  As I started my take-off roll, my instructor said, "Okay, this will look just like the simulator."  Key word in that sentence is "LOOK".  It is the feel that really gets you the first time you fly, and there is no simulator (at least the ones for a PC) that can simulate that.  The knowledge of the instruments, how they looked while in flight, and how to use them to cross check the other instruments is what the main benefit of the sim was for me.  I am not going to go as far as to say that this same knowledge could not be learned from well written text with good illustration, and I think that all simulator work should be done with actual flight training books to cross reference. —

At first, I was surprised to hear how many flight instructors seemed to accept flight simulation and either worked with or around it.  I now think that it may have become a non-issue because of economic reasons. Flying schools are in business to make money and are reluctant to take any position that might steer customers away.  If you are a flight simmer, I would expect any school to welcome you and perhaps even praise your self taught pre-flight preparation through simulating. Personally, I am appalled. J Kelley Before you buy.

Response:

My instructor had me operate everything in the plane from the first moment we climbed in.  I taxied, and did the runup, and then called my intentions to take off (uncontrolled field….FCA).  As I started my take-off roll, my instructor said, "Okay, this will look just like the simulator."  Key word in that sentence is "LOOK".  It is the feel that really gets you the first time you fly, and there is no simulator (at least the ones for a PC) that can simulate that.  The knowledge of the instruments, how they looked while in flight, and how to use them to cross check the other instruments is what the main benefit of the sim was for me.  I am not going to go as far as to say that this same knowledge could not be learned from well written text with good illustration, and I think that all simulator work should be done with actual flight training books to cross reference. — Fred Choate Northwest Montana (FCA) http://www.geocities.com/choate22/TheChoatesWebPage.html

– Hide quoted text — Show quoted text – The current use of P.C. flight simulators by prospective flight students for the purpose of pre-flight training is of great interest to me.  I’m a ex USAF flight instructor and I would like to know about your experiences relating to simulators and contact flight training.  If you used simulators for preflight training, how did it affect your training and what positions did your flight instructors take with respect to flight simulator use?  If you are a flight instructor, what do you think about the use of flight simulators by fledglings?  I’m not talking about the use of simulators for instrument training, that’s an entirely different matter. Thanks, J Kelley

Response:

– Hide quoted text — Show quoted text – What about airport signs?  Most sims that I’ve used don’t have any.  And when someone is flight training and learns how to get to the runways, he forgets about the signs until it’s time for the written or when he does a cross country to a particularly tricky airport.     It’s one thing to identify the sign on paper, but another to figure out what it means while taxiing. For example: Controller:  Taxi to ADF on taxiway H Me: Roger, taxi to ADF on H Controller:  No, it’s the next taxiway parallel to the one you’re on Me:  Uhhh, request progressive taxi to ADF Controller: Just….  The sign facing me wasn’t for the taxiway I was at, but for the next taxiway. It’s too easy to slide by this part of flight training, and in a sim you could practice on complex airports without pissing off the airliners of the controllers.

I know of no simulators that would help in that way.  On the other hand, I don’t have experience with all simulators.  Don’t be bashful about asking such questions of your flight instructor.  Answering student’s questions is part of what he’s paid to do. My concern is with the question of how and to what extent the use of simulators prior to primary flight training, has an effect on the students progress through that training. J Kelley

Response:

What about airport signs?  Most sims that I’ve used don’t have any.  And when someone is flight training and learns how to get to the runways, he forgets about the signs until it’s time for the written or when he does a cross country to a particularly tricky airport.     It’s one thing to identify the sign on paper, but another to figure out what it means while taxiing. For example: Controller:  Taxi to ADF on taxiway H Me: Roger, taxi to ADF on H Controller:  No, it’s the next taxiway parallel to the one you’re on Me:  Uhhh, request progressive taxi to ADF Controller: Just….  The sign facing me wasn’t for the taxiway I was at, but for the next taxiway. It’s too easy to slide by this part of flight training, and in a sim you could practice on complex airports without pissing off the airliners of the controllers.

Response:

How did your flight simulating experience impact on your pre-solo flight training? J Kelley

I felt it was helpful with nav and planning issues (my CFI suggested I get it) but was utterly useless in terms of learning to fly the plane. Peter

Response:

– Hide quoted text — Show quoted text – How did your flight simulating experience impact on your pre-solo flight training? J Kelley I felt it was helpful with nav and planning issues (my CFI suggested I get it) but was utterly useless in terms of learning to fly the plane. Peter

Apart from being useless, did it in any way interfere with or retard your progress?  Did you have difficulty ‘keeping your head out of the cockpit?’  Did your instructor comment on your prior flight simulation experience in that regard? J Kelley

Response:

– Hide quoted text — Show quoted text – When I first started doing XCs as a student I would first do the flight in FS98, paying careful attention to the navaids and their behavior.  After a while I was able to look at the line I drew on the sectionals and get "awareness" of what was going to happen in my head, and also what to expect if I was off-course in any way.  FS helped a lot initially in being able to do this.  If there are enough VORs it’s fun to use your mind as a sort of RNAV to put you where you want (memorize sine/cosine tables, get good with multiplying in your head and practice with FS, it’s a cool trick).

How did your flight simulating experience impact on your pre-solo flight training? J Kelley

Response:

When I first started doing XCs as a student I would first do the flight in FS98, paying careful attention to the navaids and their behavior.  After a while I was able to look at the line I drew on the sectionals and get "awareness" of what was going to happen in my head, and also what to expect if I was off-course in any way.  FS helped a lot initially in being able to do this.  If there are enough VORs it’s fun to use your mind as a sort of RNAV to put you where you want (memorize sine/cosine tables, get good with multiplying in your head and practice with FS, it’s a cool trick).

– Hide quoted text — Show quoted text – Yes. one who read that subject line and thought of that guy a while back who was looking for a female pilot to pre-flight naked for his web page?

Response:

Well, but that subject line was "Pre-flight flight sTimulating"… Denny – Hide quoted text — Show quoted text – Am I the only one who read that subject line and thought of that guy a while back who was looking for a female pilot to pre-flight naked for his web page? Tina Marie —  skydiver – PP-ASEL – N860SG  * An apostrophe does not mean, "Yikes! http://www.neosoft.com/~tina   * Here comes an ’s’!" – Dave Barry

Response:

Yes.

one who read that subject line and thought of that guy a – Hide quoted text — Show quoted text – while back who was looking for a female pilot to pre-flight naked for his web page?

Response:

Am I the only one who read that subject line and thought of that guy a while back who was looking for a female pilot to pre-flight naked for his web page? Tina Marie —  skydiver – PP-ASEL – N860SG  * An apostrophe does not mean, "Yikes! http://www.neosoft.com/~tina   * Here comes an ’s’!" – Dave Barry

Response:

ws.net… Am I the only one who read that subject line and thought of that guy a while back who was looking for a female pilot to pre-flight naked for his web page? Tina Marie —  skydiver – PP-ASEL – N860SG  * An apostrophe does not mean, "Yikes! http://www.neosoft.com/~tina   * Here comes an ’s’!" – Dave

Barry Got no web page, but send me some 8×10 glossies anyway. J Kelley

Response:

The current use of P.C. flight simulators by prospective flight students for the purpose of pre-flight training is of great interest to me.  I’m a ex USAF flight instructor and I would like to know about your experiences relating to simulators and contact flight training.  If you used simulators for preflight training, how did it affect your training and what positions did your flight instructors take with respect to flight simulator use?  If you are a flight instructor, what do you think about the use of flight simulators by fledglings?  I’m not talking about the use of simulators for instrument training, that’s an entirely different matter. Thanks, J Kelley

Response:

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Accounting Talk » Accounting Software » Great Plains

Great Plains

Question:

Does anybody have any good or bad experience with Great Plains software? Thanks

Response:

John – I, as a reseller for several other products, was recruited to resell Great Plains as well.  I decided not to include the product in my list of available products for several reasons (note this was 2 years ago).  I list the following:     1)    Tech Support – try calling them and getting an answer that actually answers your question.     2)    If your company purchases the product as a single user system and then in the future requires a multi-user, you are assessed the original purchase price and more for this option.  There are many products available that allow the client to add "user licenses" at a minimal fee for this future need.     3)    Finally, I found the product cumbersome to setup and new users for my clients would require a great amount of training to learn it. You might also inquire as the yearly maintenance costs for technical support, PR Tax Table updates, etc. before you make your final decision. DeeDee Heyne – Hide quoted text — Show quoted text – Does anybody have any good or bad experience with Great Plains software? Thanks

  dbhent.vcf

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I would like to comment on a couple of the following: 1) Great Plains is constantly rated one of the best companies for providing support both to end users and to resellers. 2) Not true.  If you buy a single user system and wish to move to multi-user your original investment is applied to the new purchase. 3)  It does require a great deal of setup and training and that is because Great Plains’ products are very feature rich and powerful.  Flexibility like that comes with a price and that price is in increased implementation fees. Alan — Alan C. Whitehouse The Resource Group Great Plains Reseller 1400 Talbot Rd. S., Suite 301 Renton, WA 98055 (425) 277-4760 http://www.resgroup.com

– Hide quoted text — Show quoted text – John – I, as a reseller for several other products, was recruited to resell Great Plains as well.  I decided not to include the product in my list of available products for several reasons (note this was 2 years ago).  I list the following:     1)    Tech Support – try calling them and getting an answer that actually answers your question.     2)    If your company purchases the product as a single user system and then in the future requires a multi-user, you are assessed the original purchase price and more for this option.  There are many products available that allow the client to add "user licenses" at a minimal fee for this future need.     3)    Finally, I found the product cumbersome to setup and new users for my clients would require a great amount of training to learn it. You might also inquire as the yearly maintenance costs for technical support, PR Tax Table updates, etc. before you make your final decision. DeeDee Heyne Does anybody have any good or bad experience with Great Plains software? Thanks

Response:

Great Plains makes some great software but without knowing more about your organization there is no way of knowing if it might be good (or bad) for you. Alan — Alan C. Whitehouse The Resource Group Great Plains Reseller 1400 Talbot Rd. S., Suite 301 Renton, WA 98055 (425) 277-4760 http://www.resgroup.com

– Hide quoted text — Show quoted text – Does anybody have any good or bad experience with Great Plains software? Thanks

Response:

Does anybody have any good or bad experience with Great Plains software? Thanks

Great Plains software is perfectly irrelevant to 99.9% of small and midrange businesses because it is waay up in the high end on pricing, and maintenance.  You could buy a house for $50,000 and five figures per year in maintenance… Great Plains software is for the fortune 1000.  Companies who need the functionality of GPS:  you know who you are:  There is a great website for you at http://www.erpfans.com for ERP software; no aspersions intended, on GPS itself. * Todd F. Boyle CPA    http://www.GLDialtone.com/ * XML accounting, WebLedgers, ASPs, GL dialtone, whatever it takes

Response:

Great Plains has a very good reputation. We regularly compete against them (I’m a MAS90 reseller). We do not run into many companies switching from Great Plains. We run into many more switching from lower tier products like RealWorld or Accpac…..the systems that haven’t done as well or been upgraded as much in recent years. You can get some independent feedback at http://www.ctsguides.com — they produce and Expertalk survey annually that queries resellers of various products and publishes the results (things like satisfaction and other juicy comments). If I were looking for software in today’s market, I’d be focussing on: Great Plains Solomon MAS90 (biased) Navision I find that they all have a typical price of around $1,500 per module and an equal amount in consulting/setup time. Typical client for me is in the $1 million to $ 50 million range. Regards, Wayne http://www.s-consult.com – Hide quoted text — Show quoted text – Does anybody have any good or bad experience with Great Plains software? Thanks Great Plains software is perfectly irrelevant to 99.9% of small and midrange businesses because it is waay up in the high end on pricing, and maintenance.  You could buy a house for $50,000 and five figures per year in maintenance… Great Plains software is for the fortune 1000.  Companies who need the functionality of GPS:  you know who you are:  There is a great website for you at http://www.erpfans.com for ERP software; no aspersions intended, on GPS itself. * Todd F. Boyle CPA    http://www.GLDialtone.com/ * XML accounting, WebLedgers, ASPs, GL dialtone, whatever it takes

– Schulz Consulting is an authorized consultant/reseller for the popular MAS90 accounting software. Visit us online at http://www.s-consult.com Before you buy.

Response:

Irrelevant?  Hardly. Perhaps there is some need of an explanation of ‘Great Plains’, which is a company, not a product.  Generally, when folks are talking about ‘Great Plains’, they are talking about the product called Dynamics – their foundation product.  They also support a lower end product called Great Plains Accounting, which I think is on the way out. Dynamics also has a higher end brother called Dynamics C/S+.  Dynamics runs on C-Tree, which is a low end (1-5 users) that can support both MAC and PC clients, or BTrieve (now called Pervasive SQL).  Pervasive SQL can support up to 12-14 users.  C/S+ runs on Microsoft SQL for high end processing but low numbers of users (limited to 10).  This product doesn’t really seem to have a place and I doubt it will live many more years.  GP’s ERP product is called eEnterprise and runs on SQL as well.  It is extremely expensive but can scale up to run extremely large companies. In summary, GP has several different products to suit the size of different businesses. I am a GP reseller and would be happy to answer any questions you may specific to your industry.  Unless you’re close geographically, I would suggest another reseller that could be more hands-on.  However, don’t take my word for it.  Check out independant evaluations from people who actually know something about the product, you can start at: http://www.accountingsoftwarenews.com Mike. Michael Cooper Director of Information Systems Hisle and Company Lexington, Kentucky

Response:

Software: good. Price: a little steep. Flexibility: adequate but not comparable to UA Corporate Accounting.  - Carl Does anybody have any good or bad experience with Great Plains software? Thanks

Respectfully,   – Carl Dick www.cpaccess.com 800-997-7944 949-261-2694  California, USA

Response:

Does anybody have any good or bad experience with Great Plains software? Thanks

John: Our company has been using Dynamics for 2 years and have had a very positive experience.  We moved off of a mini-computer based system.  We are a relatively small company (under $25 million in revenues) and only use Dynamics for General Ledger, Accounts Payable and Bank Rec.  Our Vertical Market Software Vendor supplies software strictly for our industry, and thus it handles all other funcitons and needs.  Our experiences with Great Plains Dynamics include: – Participating in Great Plains Training Class prior to implementation where we were not only trained on using the software, but also setting up the system. – Performing all set-ups in-house.  (Our total training class bill paid to Great Plains plus the consulting bill paid to our VAR was less than 40% of the purchase price of the software. – As yet, having not utilized the first one of the 5-pack of Support Calls that we purchased with the software.  I know this sounds unbelievable, however our company’s experience with software systems is such that we are capable, ‘low-maintenance’ users. – A good working relationship with our VAR, who was supportive of our desire to perform set-ups in-house.  Our company’s philosophy is to try to be as self-supportive as possible, and therefore, we felt if we did not perform the set-ups ourselves, we wouldn’t be as successful making changes later. While we appreciate the value of the VAR, the success of our experience with the product (and its ability to meet and continue to support our needs) was more important to them than selling us alot of consulting time. – We designed and utilize a combination of Unit and Variable Allocation accounts combined with a unique Account Segment design to enable Automated Allocations of Costs using Activity based costing models built in to Dynamics.  The software, and its FRx reporting utilities are certainly feature rich enough for our needs. In sum, having spent around $9k for the software (4-user license), and around $5k in total implementation/support/upgrade costs for the first 2 years of utilization, it has been an excellent solution for our company. You may want to look at www.ctsguides.com They publish a helpful tool for Accounting Software selection. Good luck with your selection. Kevin Nelson <Remove the dontspamme for e-mail

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Accounting Talk » Accounting Cost » The Gas Out and your SUV

The Gas Out and your SUV

Question:

Just wanted to say I agree with walt wholeheartedly,   that was an excellent conclusion he made. I’d just like to add my own feelings to what he said.  Take the average fuel consumption, in gallons, per person, for your area.  now think back to the old saying "if you’re not part of the solution, you’re part of the problem."  which side of that average fuel use do you reside on?  the half of the population that uses more that it’s share?  or the half that doesn’t?    If you’re part of the problem,  here’s a few hints how to change that.  making this change will make you’re life that much better!  why?  because you won’t be continually troubled by the price of gasoline, and you can quit your damn whining about how much your life sucks since gas has gone up another $5 a tankful. (or, even better, if your life does suck that badly, you might as well just go ahed and end it all anyway.)    here we go..  ride a bus more, walk more, carpool more, ride a bike more. And find counseling to help with your insecurity about being seen in an "uncool" (non-huge) vehicle.  Now I know I’ts not possible to rely on alternative transportation all of the time,  but I’d be willing to bet that most of the gas whiners out there have never even seen the inside of a metro bus.   By the way, I think that people like Laura Greenland, the Gahanna paralegal, should be shot.    Thanks,  and have a nice day. -Geoff

Response:

I received the following e-mail yesterday evening. My children thought I was going to have a heart attack when I read it: Passing this sort of thing on is not my style, but not many things are changed without activists, I guess. There does not appear to be a good reason outside of greed for this to happening, so I will support the effort. Sk ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~~ ~ ~ ~ ~ As you may have heard, gas prices are skyrocketing beginning this week (they are thinking around $2.00/gallon for premium here in Columbus, OH), and speculation has it the price will not be going down until the end of summer. I will be planning on participating in the gas out mentioned below, whether or not it works, we’ll see. Last year on April 30,1999, a gas out was staged across Canada and the U.S. to bring the price of gas down, and it worked. It’s time to do something about it again. This time, lets make it for three days instead of just one. The oil cartel decided to slow production to drive up gasoline prices. Lets see how many CanadianAmerican people we can get to ban together for a three day period in April, NOT TO BUY ANY GASOLINE, during those three days. LETS HAVE A GAS OUT. Do not buy any gasoline from APRIL 7, 2000, THROUGH APRIL 9, 2000. Buy what you need before the dates listed above, or after, but try not to buy any during the GAS OUT. If you want to help, just send this to everyone you know and ask them to do the same. We brought the prices down once before, and we can do it again! Come on North America lets stand together. WE CAN MAKE A DIFFERENCE!. Even if you receive this 100 times keep passing it around, this way you know everyone is being informed and no one will forget! Now what I want to know is how many of you were in the Econ 101 class the day the professor taught the law of supply and demand? As you will no doubt recall, if you did not get drunk the night before and sleep through it, after showing you how to construct supply curves (low on the left, high on the right) and demand curves (vice versa) he told you that if the supply goes down and the demand goes up the price will go up. What if anything does this have to do with the price of gasoline? Everything. First, the supply went down, and not because of some cabal, the US is boycotting Iraq and Iran both major producers.  The largest potential source of oil in the world is the Caspian Sea basin, which is surrounded by such bastions of political stability as Iran (gee didn

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Accounting Talk » Accounting Quickbooks » Simply Accounting VS. QuickBooks

Simply Accounting VS. QuickBooks

Question:

It turns out I needed to set my Win95 ‘Regional’ Date setting to four digit years. I repeat; even though it *appeared* to be, it was NOT A Y2K BUG!!! My apologies to the newsgroup… – Hide quoted text — Show quoted text – I am a small computer re-seller and would like to know if anyone has done a comparison of these two products, to help me advise clients. If you decide on SA, be sure to get 6.0D or later. I bought 6.0A, and encountered a Y2K problem. A 6.0D user reported no problem entering the same data. Randy — Remove any occurrence of the letter ‘x’ in my address to send me email.

Response:

I recommend QuickBooks over S/A because it is easy to use, great reports and is capanle of handling small businesses to bigger ones.  It has a easy step set-up interview.  Not difficult to learn. Charles

Response:

I am a small computer re-seller and would like to know if anyone has done a comparison of these two products, to help me advise clients.

Response:

I am a small computer re-seller and would like to know if anyone has done a comparison of these two products, to help me advise clients.

If you decide on SA, be sure to get 6.0D or later. I bought 6.0A, and encountered a Y2K problem. A 6.0D user reported no problem entering the same data. Randy — Remove any occurrence of the letter ‘x’ in my address to send me email.

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Accounting Talk » Office Accounting » Value of MS Certification?

Value of MS Certification?

Question:

Go to your nearest recruiter that has the testing and take the tests.  alot of companies are familiar with these tests and they hold alot of weight.  And actually show the practice appilications on your resume where you utlitized the applications.

Response:

Hello.  I’m wondering what the value of a Microsoft expert-level Office certification is to a prospective employer.  Would this carry any weight in an interview?  Thanks for your comments. MB P.S.  Also, are there any certification programs for accounting software packages (Peachtree, QB, etc).  I’m simply looking for something to display to a prospective employer that I am proficient in the software (something more substantive than saying "Yeah, I know QB.")

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Accounting Talk » Business Accounting » selling a business

selling a business

Question:

I have a small retail shop that has been open for 2 years.  We are not making any money and want to sell or close.  The shop could potentially be a money maker with additional investment but that is not a great selling point.  We have a lease on the location for one more year.  My question is:  would there be any reason anyone would want to by a small failing business, or should we not even try to sell it and just close?

Response:

I have a small retail shop that has been open for 2 years.  We are not making any money and want to sell or close.  The shop could potentially be a money maker with additional investment but that is not a great selling point.  We have a lease on the location for one more year.  My question is:  would there be any reason anyone would want to by a small failing business, or should we not even try to sell it and just close?

Your answer probably lies within your accounting, most notably a balance sheet and P/L statement. A basic review by a CPA would indicate whether anyone else would find any value in the business. Even if an accountant says there is nothing of value, don’t forget about business goodwill. Someone looking to do the same thing you are doing might be willing to pay some money just for the time savings of getting a business started. Try a business broker. If they really think nothing is there, they will tell you. Best of Luck… Joel Kline Concept Communications www.concept-comm.com

Response:

I have a small retail shop that has been open for 2 years.  We are not making any money and want to sell or close.  The shop could potentially be a money maker with additional investment but that is not a great selling point.  We have a lease on the location for one more year.  My question is:  would there be any reason anyone would want to by a small failing business, or should we not even try to sell it and just close?

Without more detail difficult to answer. Do you have enough volume?not enough margin?bad location. I have clients who like distressed situations, especially where capital or know-how can be used to do a turn-around.  To get applicable answers to your question, you need to give more detail. Herb Island Men International, Inc.

Response:

It depends on how much money you are not making.  If I, as an investor, see a company I am interested in that is breaking even, and I feel that if I market the company better or make some internal improvements that will help the company start to turn profits, then I would probably give it some consider or look at the numbers a little closer.  If the company is losing so much money that I would have to really dump some capital in it a wait for a result, then I would really have to consider if the ROI would be worth the risk, or if the risk is even worth it. Steven M. Kalinowski President of KAY Industries — KAY Industries Consultation Group "The Leader In Marketing & Business!" Web:  www.kayindustries.com – Hide quoted text — Show quoted text – I have a small retail shop that has been open for 2 years.  We are not making any money and want to sell or close.  The shop could potentially be a money maker with additional investment but that is not a great selling point.  We have a lease on the location for one more year.  My question is:  would there be any reason anyone would want to by a small failing business, or should we not even try to sell it and just close?

Response:

In my opinion, unless you’re selling something really weird that nobody wants to buy, you have a great shot at selling the business.  There are plenty of people looking for an opportunity to buy and turn around a business like yours.  The fact that you’ve failed is not necessarily going to prevent someone else from buying it because they will think (perhaps correctly, perhaps not) that they are smarter or more talented or have better connections than you.  Don’t get too greedy, though.  Price it for a quick sale, but sell the potential, not the value of inventory, etc.  The last thing you want is to be stuck running a business that you know you don’t want to run.  My first prospects would be competitors in another part of town who appear to be successful.  Call the owner and ask if he might be interested in expanding to your area.  You might also run a newspaper ad, but a lot of people don’t read those because the businesses listed there are usually dogs.  If the business is worth anything at all, a business broker will be dying to sign you up.  The hardest part of their business is finding businesses to sell.  They have loads of people coming to them wanting to buy.  That will cost you a hefty commission, so hold that as a last resort. Try it.  What have you got to lose? Charles J. Dudek Marketing Executive Seeking Employment resume: http://home.earthlink.net/~cdudek/ – Hide quoted text — Show quoted text – I have a small retail shop that has been open for 2 years.  We are not making any money and want to sell or close.  The shop could potentially be a money maker with additional investment but that is not a great selling point.  We have a lease on the location for one more year.  My question is:  would there be any reason anyone would want to by a small failing business, or should we not even try to sell it and just close?

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Accounting Talk » Business Accounting » Free TurnKey Online Biz

Free TurnKey Online Biz

Question:

– The Maury Povich special airs on Friday February 28, 1997. Check you local listings. Visit the MagicWeb at Http://magicweb.com Sorry, we have not run a contest in two years, it is Florida.com who is advertising contests, not us!

Response:

— The Maury Povich special airs on Friday February 28, 1997. Check you local listings. Visit the MagicWeb at Http://magicweb.com Sorry, we have not run a contest in two years, it is Florida.com who is advertising contests, not us!

What’s your point?

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- Hide quoted text — Show quoted text – NETOPP – THE INTERNET OPPORTUNITY Where the Power of Network Marketing Meets the Internet Marketplace          *****    CURRENTLY IN PRE-LAUNCH   ***** Place FREE Online Advertisements and Cash Monthly Commission Checks!      FREE to Start Today!      NO Set-up Fees      NO Maintenance Fees      NO Reporting Fees      NO "Recruiting" to do      NO Audio Tapes to distribute      NO Video Tapes to distribute      NO Phone Selling required      NO Shipping of Sales Material      NO Paid Advertising required      NO Need to SELL to friends and family      NO Complex Training involved      NO Conference Calls required      NO Seminars required      NO Products to Stock      NO Investment required      NO Billing required      No Accounting required      NO Advertising Copy to Write      NO High Pressure Selling required      FEATURING:      FREE Turn-key Online Business      Complete Business that can be marketed with Online Tools only      Online Genealogy and Sales Tracking      Promote with FREE Advertising Online      Pre-Written Advertising that can Sell for you      FREE Online Marketing Training      FREE Updated Resources for FREE Advertising Online      FREE NetOpp Participants Electronic Newsletter      FREE Access to Web Marketing Center NetOpp Sponsor ID#:PP1107 (*This is very important! You must use this ID# if you wish to join) JOIN NetOpp(tm) FOR *FREE* TODAY! GET COMPLETE INFORMATION ABOUT THIS EXCITING NEW BUSINESS OPPORTUNITY *RIGHT NOW* Visit our Web Site at http://www.netopp.com *OR* Get INSTANT information by Auto-Reply Email in less than a minute

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NETOPP – THE INTERNET OPPORTUNITY Where the Power of Network Marketing Meets the Internet Marketplace          *****    CURRENTLY IN PRE-LAUNCH   ***** Place FREE Online Advertisements and Cash Monthly Commission Checks!      FREE to Start Today!      NO Set-up Fees      NO Maintenance Fees      NO Reporting Fees      NO "Recruiting" to do      NO Audio Tapes to distribute      NO Video Tapes to distribute      NO Phone Selling required      NO Shipping of Sales Material      NO Paid Advertising required      NO Need to SELL to friends and family      NO Complex Training involved      NO Conference Calls required      NO Seminars required      NO Products to Stock      NO Investment required      NO Billing required      No Accounting required      NO Advertising Copy to Write      NO High Pressure Selling required      FEATURING:      FREE Turn-key Online Business      Complete Business that can be marketed with Online Tools only      Online Genealogy and Sales Tracking      Promote with FREE Advertising Online      Pre-Written Advertising that can Sell for you      FREE Online Marketing Training      FREE Updated Resources for FREE Advertising Online      FREE NetOpp Participants Electronic Newsletter      FREE Access to Web Marketing Center NetOpp Sponsor ID#:PP1107 (*This is very important! You must use this ID# if you wish to join) JOIN NetOpp(tm) FOR *FREE* TODAY! GET COMPLETE INFORMATION ABOUT THIS EXCITING NEW BUSINESS OPPORTUNITY *RIGHT NOW* Visit our Web Site at http://www.netopp.com *OR* Get INSTANT information by Auto-Reply Email in less than a minute

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- Hide quoted text — Show quoted text – NETOPP – THE INTERNET OPPORTUNITY Where the Power of Network Marketing Meets the Internet Marketplace          *****    CURRENTLY IN PRE-LAUNCH   ***** Place FREE Online Advertisements and Cash Monthly Commission Checks!      FREE to Start Today!      NO Set-up Fees      NO Maintenance Fees      NO Reporting Fees      NO "Recruiting" to do      NO Audio Tapes to distribute      NO Video Tapes to distribute      NO Phone Selling required      NO Shipping of Sales Material      NO Paid Advertising required      NO Need to SELL to friends and family      NO Complex Training involved      NO Conference Calls required      NO Seminars required      NO Products to Stock      NO Investment required      NO Billing required      No Accounting required      NO Advertising Copy to Write      NO High Pressure Selling required      FEATURING:      FREE Turn-key Online Business      Complete Business that can be marketed with Online Tools only      Online Genealogy and Sales Tracking      Promote with FREE Advertising Online      Pre-Written Advertising that can Sell for you      FREE Online Marketing Training      FREE Updated Resources for FREE Advertising Online      FREE NetOpp Participants Electronic Newsletter      FREE Access to Web Marketing Center NetOpp Sponsor ID#:PP1107 (*This is very important! You must use this ID# if you wish to join) JOIN NetOpp(tm) FOR *FREE* TODAY! GET COMPLETE INFORMATION ABOUT THIS EXCITING NEW BUSINESS OPPORTUNITY *RIGHT NOW* Visit our Web Site at http://www.netopp.com *OR* Get INSTANT information by Auto-Reply Email in less than a minute Thank You,   P.A. Pitchford   Heartland Enterprises   NetOPP ID#: PP1107

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NETOPP – THE INTERNET OPPORTUNITY Where the Power of Network Marketing Meets the Internet Marketplace          *****    CURRENTLY IN PRE-LAUNCH   ***** Place FREE Online Advertisements and Cash Monthly Commission Checks!      FREE to Start Today!      NO Set-up Fees      NO Maintenance Fees      NO Reporting Fees      NO "Recruiting" to do      NO Audio Tapes to distribute      NO Video Tapes to distribute      NO Phone Selling required      NO Shipping of Sales Material      NO Paid Advertising required      NO Need to SELL to friends and family      NO Complex Training involved      NO Conference Calls required      NO Seminars required      NO Products to Stock      NO Investment required      NO Billing required      No Accounting required      NO Advertising Copy to Write      NO High Pressure Selling required      FEATURING:      FREE Turn-key Online Business      Complete Business that can be marketed with Online Tools only      Online Genealogy and Sales Tracking      Promote with FREE Advertising Online      Pre-Written Advertising that can Sell for you      FREE Online Marketing Training      FREE Updated Resources for FREE Advertising Online      FREE NetOpp Participants Electronic Newsletter      FREE Access to Web Marketing Center NetOpp Sponsor ID#:PP1107 (*This is very important! You must use this ID# if you wish to join) JOIN NetOpp(tm) FOR *FREE* TODAY! GET COMPLETE INFORMATION ABOUT THIS EXCITING NEW BUSINESS OPPORTUNITY *RIGHT NOW* Visit our Web Site at http://www.netopp.com *OR* Get INSTANT information by Auto-Reply Email in less than a minute Thank You,   P.A. Pitchford   Heartland Enterprises   NetOPP ID#: PP1107

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