[Anonymous]

I obtained my license in end of 2011 with goal of starting my own business, as I am increasingly getting tired of the corporate bs. It’s been on the back of my head for awhile and I have also been considering going for an MBA.

Last night I met with a dear friend who proposed an idea of starting business together By doing accounting services for School,he doesn’t have a cpa license but works in education and knows folks who can get us business.

I make a good living but am the main breadwinner of the home with a day job, my buddy’s work is more flexible and he can spend more time in our potential business if business requires.

The question is what percentage of the business should I offer him. With me being the CPA and him doing the marketing and bringing in clients? is 40 Percent too generous? do i give him salary for additional time he invests in? The main thing is, I want it to be an LLC and I want to control the direction of the firm long term, I don’t really have short term financial objectives.

[Lost1]

I work closely with financial analysts at my corporate job and it seems like they analyze data to minimize cost (freight, warranty, etc depending on the group you're handling) and come up with forecasts/projections. they also participate in approval process of payment vouchers, PO requisitions, and other project budgets. Basically their job is to ensure that no money is slipping through the crack and all budgets are adequately planned. they also handle SOA tables and code expenses (which account to post expenses, line of business, departments. etc)

There's many financial analyst position open in my company right now but I do not want to get into that because it doesn't count towards my CPA hours..

but it seems like they are in demand and have many career opportunities.

Awkward, i know you didn't ask me .. lol i'm going crazy from doing Wiley internal control MCQs I need some human contact…

"If you can do it, I can do it better."

[Author]

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