Thursday, October 04, 2018
“There are so many men who can figure costs, and so few who can measure values.” ~ Author Unknown
We will indeed be looking at costs and values.
Please join us for “Small Business Roundtable, Part Two”. We will meet Thursday, October 4th at 7PM.
The meeting will be held at LIU-Post Campus, Lorber Hall, 720 Northern Boulevard, Brookville, NY 11548.
(directions to LIU-Post Campus)
Visitors are cordially welcomed and admission is free and open to the general public.
Pre-registration is suggested. It does help us with planning when we know how many folks are coming. Therefore, if you can, please let us know via Meet-Up at this URL: https://www.meetup.com/LICN-Long-Island-Consultants-Network/events/254617520/
Light refreshments are planned to be served at 6:30 PM. Just one note: Due to a logistics matter, refreshments will only be dessert treats. Do arrive having had a good supper!!
In any case, please come in, have a seat, have a chat, have a nosh and we’ll have our talks. As always, it’s going to be a busy night.
Lecture
Topics from September 2018 meeting:
1) Selection of projects (military or industrial or ...)
2) Self determination of scheduled working hours and hourly rates.
3) Time available for personal and family emergency matters (as in a spouse's appointment
for cancer treatment) not being dependent on supervisory approval or denial.
Tentative topics coming up for October 2018 meeting:
4) Impending retirement and five year earnings review possibly affecting
SS benefits.
5) Business arrangement options as in DBA versus sole proprietorship vs
S-corporation versus LLC versus PLLC versus partnership versus .......
6) Non-legality of "Inc." for an engineering corporation. "PC" only.
7) Insurance issues as in professional liability, medical (spousal coverage).
8) Successful versus non-successful achievement of on-time payments. Enforcing
full payment as in the Irwin Weitman story about "I'll split it with ya!"
9) Issues of filings, record keeping, deductions, depreciation, subcontractor
arrangements.
10) Latest tax law changes affecting sole-p, sub-s, c, llc, pllc.
11) Business formations, legal requirements, filings, recordkeeping, deductions, depreciation.
12) Dealing with subcontractors, municipal and/or government contracts and
working for/with prime government contractors.
13) FLOW-DOWNs on you, if you've never heard of such things before, especially
when the flows are written/presented in such a way that they replace and supersede your own contract terms.
14) Contract issues such as basic forms and provisions (non-indemnification
for example), quotation/bidding processes versus possible usurpation of expertise (brain sucking).
15) Hardware, software and publication resources and tools.
16) Purchasing arrangements and distributors.
17) What motivated you to start your own business? How did you start it, including any
finance and partners, and mentors? Was this your first try at starting a business? What advice would you give to people just starting a business?
18) Give us a brief description of your business, including products/services and customers.
Tell us about some key factors that were responsible for your success. Tell us about some obstacles that you had to overcome.
19) Tell us about a memorable project you worked on.
