Dan Nicholson: Startup Finance, Accounting, and Merchant Accounts | The Startup Specialist Podcast # 31
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Written by Ray Voice
Table of Contents
Dan Nicholson is a serial entrepreneur who graduated summa cum laude from Seattle University with degrees in accounting and information systems.
He completed a prestigious fellowship at the Governmental Accounting Standards Board. He went on to work at Deloitte and various Fortune 500 companies and has been named to CPA Practice Advisor’s 40 Under 40 list of global accountants four times.
The founder of multiple companies across finance, accounting and software, Nicholson’s true passion is helping purpose-driven entrepreneurs and small business owners achieve financial certainty through his 20-week online course, Certified Certainty Advisor. Nicholson lives in Seattle with his wife and two daughters. Rigging the Game is his first book.
Episode Audio (Full)
Episode Highlights
- The small business owner or startup founder paying 40% to 60% tax can access the same tax benefits as big corporations who pay 0% to 20% tax.
- Most accountants are archaeologists. They only fix your financial history. You need an accountant that sits with you and plans your financial future. This is what big corporations do!
- The only thing that matters for a Merchant Account provider is your account size. If you’re a major account for them then you have more pull in any disputes like account blocks.
- How to create a proper merchant account strategy.
Make sure you check out his website! Dan has some great resources for small business owners there.