Remember the uproar in 2017 when Seattle passed a tax on sugary drinks? Critics predicted economic doom and gloom for small businesses, while others questioned the effectiveness of such a measure. Fast forward to today, and the story is taking a surprising turn – one that could have a significant
Is Seattle Better or Worse for Business?
A recent article by KPQ paints a bleak picture for aspiring entrepreneurs, ranking Washington as the worst state to launch a business. While the study by Eton Venture Services highlights some challenges, Seattle, and Washington as a whole, boasts a vibrant startup ecosystem with success stories that
Operating Your Sole Proprietorship as a DBA: What You Need to Know
As a sole proprietor, one of the first decisions you'll need to make is whether to operate under your personal name or file a fictitious business name, also known as a "doing business as" or DBA. Using a DBA can provide some advantages but also comes with some additional requirements. Here's what
What is Considered a Healthy EBITDA?
EBITDA, which stands for Earnings Before Interest, Taxes, Depreciation, and Amortization, is a widely used financial metric for evaluating a company's profitability and cash flow from operations. But what exactly constitutes a "healthy" EBITDA? The answer depends on several factors, including the
Accountant Jokes (National Accountant Appreciation Day)
Yesterday was National Accountant Appreciation Day. In honor of that, we've decided to have a laugh at the expense of accountants. So here's a pretty great collection of worthy accountant jokes. You may have heard them before or maybe not. In any event, be sure to kick back and have a laugh:
Property Taxes: the Burden of Home Ownership in Seattle
For homeowners in Seattle, the costs don't stop after the staggering price of actually purchasing a house. In addition to shelling out hundreds of thousands for a roof over their heads, Seattle residents also face some of the highest property tax burdens of any major U.S. city. Just how high are
Law Firm Bookkeeping
Running a successful law firm goes beyond just winning cases. Just like any other business, law firms require meticulous financial management to ensure smooth operations and growth. We understand the unique challenges law firms face when it comes to bookkeeping. That's why we offer a comprehensive
What Is An Unconscionable Transaction?
Imagine this nightmare scenario: you land a new client, celebrate the win, then get hit with a lawsuit claiming your contract is "unconscionable." Suddenly, that client relationship feels more like a legal battle. Unconscionable Contracts Explained An unconscionable contract is a fancy legal