As an entrepreneur you often find yourself juggling many aspects of your business.  You wake up having to decide which hat will you wear today, will I be the engineer, accountant, receptionist or IT specialist.  And on most days you probably don't get the chance to choose thus you are all of them.  Today, there is one hat on you can take off.  Fontenot & Associates Solutions LLC is here to support with the development of policies and procedures for your unique business.  The framework and vision your needing to share with your current or potential clients can be shared with just a few clicks.

​Take a few minutes to view one of the guides we are working on for Real Estate Entrepreneurs looking to educate potential clients as they make one, if not the largest invest of their lives.  Our guide gave give a quick background of your business, the topic you want to share and how that process will work for them.

​As a business owner it is never to late to make an investment for your business and customer market.  Creating and developing guides are tedious and time consuming but necessary, so allow our team of professionals to help with the building of your brand. 

Solutions start here!
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Entrepreneurs are preparing everyday to be the best in there industry.  One of the best tools of insuring you become the expert is by continuously educating yourself.  If your a real estate entrepreneur, your probably asked this question very often, "What is a short sale?".  To many of your potential clients the language may be received as a foreign language.  Have you ever considered developing a detail guide for your clients to have readily available to present a potential client?  Many people are visual in learning.

​Today, we will share clips of a great article by realtor.com which explains what a short sale is?  Can this be a good investment for entrepreneurs seeking to build a business in real estate?

​" Say you’re selling your home; however, the offer you get is so low, it won’t cover the total amount you owe on your mortgage. But you need to unload it, so you’ll take it. This is a short sale—simply put, you end up “short” on paying back your lender, and the bank agrees to accept less than what’s owed on the loan.

According to the most recent data from real estate information company RealtyTrac, 5.1% of all single-family home and condo sales in early 2016 were short sales. Often homeowners are pushed into a short sale by personal financial troubles that make it impossible to pay their monthly mortgage. At the same time, they find it hard to sell at a price that would enable them to pay off their loan—especially if local real estate market trends have driven down their home’s value. This happened in many communities across the nation during the housing bust of 2008.
While selling a home under such circumstances is hardly ideal, many experts argue it’s smarter than pursuing more drastic measures like bankruptcy or foreclosure. Here are a few of the benefits of a short sale for a distressed home seller:

• Short sales do way less damage to a homeowner’s credit report and credit score than a foreclosure. This means they’ll be in better shape to apply for a mortgage and buy a new home down the road.
• Homeowners have the dignity of being able to sell their own home. This is no small thing.
• Short sales enable homeowners to stay in the home until the sale is completed. Foreclosures force homeowners to vacate.
• While a seller typically pays all real estate agent commissions and other closing costs, in a short sale the seller pays nothing; the bank foots the bill."

​Invest with complete awareness not only of the transaction to transpire but also the accounting aspect to be completed within your business.  Avoid purchasing real estate in your person name.  If your plan is to become an entrepreneur in the real estate sector, it is time to build your business credit and funding in order to sustain and prosper.  Get started!

​Solutions start here! 

As a small business owner the thought of financial statements and/or financial reporting may seem challenging for you to understand.  Don't allow that fear to keep you from reading this article.  As an entrepreneur, understanding your very own financial statements, just as well as your accountant, is what will help define future goals and success.  Let's take a look at what financial reporting includes and what it means for your growing business? 

Financial reporting includes the following:

• the external financial statements (balance sheet, income statement, statement of cash flows, and statement of  stockholders' equity)


• the notes to the financial statements


• press releases and conference calls regarding quarterly earnings and related information


• quarterly and annual reports to stockholders


• financial information posted on a corporation's website


• financial reports to governmental agencies including quarterly and annual reports to the Securities and Exchange Commission (SEC)


• prospectuses pertaining to the issuance of common stock and other securities

​A small business uses cash flow statements to report the inflow and outflow of the business. The inflow is the cash or revenues that come into the business through the sale of commodities; the outflow is the cash used in the daily operations of the business. This inward and outward flow of cash is important to keep a business in operation. Without sufficient inflow, then the business will lack cash to pay for expenses and to purchase inventory or stock.

​To establish your business policy and procedures today, visit our website.  It's never to late to get started!

How much do you know about problems that occur in the oil and gas industry?  The workmen in the field have to complete many phases to ensure a well gets to the producing phase.  If there is a delay, it can be for reasons we have identified and shared below. 

Workover operations generally involve using a special workover rig to restore or stimulate production from a particular well.  A situation in which a workover may be necessary would be an open hole completion where sand from the producing formation has clogged the tubing end, reducing or completely cutting off the fluid flow from the producing horizon.  A workover may also be necessary when the casing has been perforated, and rock or sand particles have clogged the openings in the casing.

​Other problems and oil and gas company may encounter is regarding damaged or lost equipment and materials.  Equipment or materials may be damaged or lost during the drilling process.  Some examples of damaged equipment would be twisted drillpipe or broken bit.  Examples of lost equipment include parts of the drill bit, hand tools (e.g., wrenches) and drillpipe twisted off downhole.  If the well is an exploratory well, the cost are expenses or capitalized, depending upon whether the well is unsuccessful or successful.

​The oil and gas industry offers great opportunities to learn a wide range of rules, regulations and professional growth.  Learning is key for any industry, thus I encourage you to never stop learning and to take on opportunities that allow you to learn more.