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Independent Business

Financial management for independent business owners

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The Robinson-Patman Act Is Back: What a Wine Distributor's Antitrust Fight Means for Every Small Retailer
·mike

The Robinson-Patman Act Is Back: What a Wine Distributor's Antitrust Fight Means for Every Small Retailer

The FTC's December 2024 Robinson-Patman suit against Southern Glazer's — the first in decades to survive a motion to dismiss — revives a 1936 law barring suppliers from charging small retailers more than big chains for identical goods. What the Act covers, its cost-justification defenses, and the purchase records independent retailers should keep now.

antitrust
small-business
legal
Independent Aquarium Maintenance and Reef Service Route Bookkeeping: Recurring Contracts, Coral Livestock Inventory, and Multi-Tank Route KPIs
·mike

Independent Aquarium Maintenance and Reef Service Route Bookkeeping: Recurring Contracts, Coral Livestock Inventory, and Multi-Tank Route KPIs

A working bookkeeping playbook for aquarium maintenance and reef service routes — ASC 606 deferred revenue on prepaid contracts, section 263A livestock inventory with explicit mortality reserves, section 179 equipment elections, CITES and Lacey Act provenance, and the per-route KPIs (visits per technician-day, revenue per mile, tank-month revenue) that separate profitable routes from money-losers.

bookkeeping
small-business
revenue-recognition
The Independent Bike Shop Owner's Bookkeeping Playbook: From Floor-Plan Inventory to E-Bike Recall Reserves
·mike

The Independent Bike Shop Owner's Bookkeeping Playbook: From Floor-Plan Inventory to E-Bike Recall Reserves

A working chart of accounts for independent bike shops — how to book floor-plan payables by supplier, track lifetime tune-up warranties, accrue e-bike recall reserves under ASC 450, and benchmark service-bay productivity against NBDA peer data.

bookkeeping
inventory
small-business
Essential Accounting Guide for Independent Pharmacy Owners
·mike

Essential Accounting Guide for Independent Pharmacy Owners

Independent pharmacy owners face unique financial challenges that require specialized accounting practices. This guide delves into the complexities of pharmacy accounting, from inventory management to navigating insurance reimbursements, ensuring compliance and business health.

accounting
healthcare
financial-management