The Timepiece Gentleman | Business Analysis by CPA

Video Description

In this video, I analyze the business operation of The Timepiece Gentleman. You may or may not be into luxury watches, but the business disruption of The Timepiece Gentleman also know as Gentleman Timepieces who currently has a very successful reality based - lifestyle YouTube show, compels me to talk about it. Especially through my experience as an Accountant and Business Advisor. What makes me qualified to talk about the subject of analyzing a business? I’m an Illinois licensed Registered CPA, with decades of experience, and I started my career working in a Chicago based public accounting firm conducting internal audits of private companies for almost four years. 🛑 Got a Side Hustle? File Your Own Taxes Without Hiring an Expensive Accountant! https://www.noellorenzanacpa.com/how-to-file-taxes-for-your-side-hustle 💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️ https://www.buymeacoffee.com/NoelLorenzana 📘 FREE EBOOK FOR ENTREPRENEURS! https://www.noellorenzanacpa.com/10-tips-to-simplify-your-taxes 📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today! https://a.co/d/dFGLUjM 👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros! https://www.facebook.com/groups/951368119040370 Welcome to my Ask An Accountant YouTube Channel! My name is Noel Lorenzana, and I'm an Illinois licensed, Registered CPA. While I am an accountant, I am not your accountant. By watching this video, no client relationship is created. On this channel, I talk about simplifying taxes for individuals and entrepreneurs. Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media. ★CONNECT WITH ME ON SOCIAL MEDIA ★ Website: https://noellorenzanacpa.com/ Facebook: https://web.facebook.com/noelblorenzana LinkedIn: https://www.linkedin.com/in/noellorenzanacpa/ Twitter: https://twitter.com/noelblorenzana Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based upon this video is accurate. 🎥 RECOMMENDED VIDEOS 🎥 🔆 Timepiece Gentleman Controversy | Burn Rate Examined: https://youtu.be/J7-l67RKijk 🔆 Timepiece Gentleman Q&A: https://youtu.be/fp8wI5ASZS0 🔆 Dirty Money and Luxury Watches: https://youtu.be/9oG8bpaCSsM ⏱️VIDEO CHAPTERS⏱️ 00:00 - The Timepiece Gentleman | Business Analysis Introduction 01:05 - The Timepiece Gentleman Business Operation | The Top 5 Problem 01:13 - Timepiece Gentleman Problem #1 | Extravagance & Growing Too Fast 04:13 - Timepiece Gentleman Problem #2 | Lack of Business Experience 06:45 - Timepiece Gentleman Problem #3 | Weak Internal Controls 09:45 - Timepiece Gentleman Problem #4 | Lack of Capital 10:57 - Timepiece Gentleman Problem #5 | Inadequate Security Replay Video Link: https://youtu.be/G5hW7mXFfE8 #timepiecegentleman #thetimepiecegentleman #gentlemantimepieces