3 Ways to Know If You Need a New Bookkeeper with Matt Remuzzi | Let's Buy a Business | January 27, 2023

Heyo,

Indecision is the worst decision. It's literally making a decision by not making a decision that you didn't want.

Most people fall into this bucket...they take so long to decide that what they decided was what was left.

Be conscious about what you want to do. And then WORK BACKWARDS.,

Matt Remuzzi started CapForge, a wonderful bookkeeping, and CPA firm. He has helped 100’s, maybe 1000’s buyers and sellers with their books.

I started to use them when I bought a business that had their books done by them. It was that convincing.

We dive into 3 ways someone can see if their bookkeeping is terrible.

1. Up-to-Date, Recent Numbers

2. Do you have faith in those numbers? Do they pass the gut check

3. Look at the Balance Sheet – Are your bank balance, credit card, sales tax, and loans up to date?

Joel (seller) and Tyler (buyer) are on the podcast at the same time. Joel and his partner built Copper Pearl and then sold it to Tyler who has continued the legacy.

Joel sold a perfectly good business that was exploding in growth while Tyler moved his family across the states and took on a huge personal guarantee.

We dive into trust and how the buyer/seller relationship is not a one-time transaction. You can’t replace rapport and trust in any transaction.