Hello, I’m John Groom, a personal accountant and adviser to entrepreneurs and active investors who are good at what they do who want to get even better. Most of them already run their own show, usually without the support (or distractions) of various CFO’s, COO’s, CIO’s, or assorted VPs. For that kind of input they call me.
If you need to meet in a mahogany paneled office with a rubber tree
plant, go play somewhere else….. John Groom
Over time, I learn more and more about their businesses and financial situations, and at the same time they learn more and more about the organizational, tax, title and contract law issues that apply to what they do. This usually lets us:
- Grow the business so the owner can reclaim a lot of his time,
- Set up transactions, systems and infrastructure that fit together smoothly, and
- Use structures that give the desired tax treatments.
I also prepare the tax returns. Those returns are where the planning rubber meets the road, and by then I am the one who best understands the business, the reasoning behind the tax structures, etc.
What I do is not what some people call “being creative”. I don’t know what to call it exactly, but it involves adapting the real-life experiences and solutions of many clients over many years to new situations. It is applying what has been found to work best, not just theoretical advice or “good ideas” from someone who hasn’t been there.
To learn more about the methods and thought processes we use and to see some situations we have dealt with, please explore further on this site. Feel free to make comments on my blog, or email me directly