humans and decline

middle-age American living in New Jersey near the Lincoln Tunnel «« Dear kind readers: Recently I wrote about an effective method to credit revenue to a paypal account that does not have a traditional bank account in the company’s name. I can’t imagine a post that appeals to a reader count closer to zero than this topic, so I’ll give another attempt to reach someone. Sincerely, Tom Doody. A business account keeps books straight for organization and tax, but for a very-low performing company with multiple members “organization” and “tax” are not benefits: ONE: organization is not a challenge for a “very low” performing company TWO: a company with only a breath of revenue in a year should file tax, but it will have no or little tax obligation. An org without organization and tax needs still has a need for a bank account. Multiple partners need a holding place for the small amount of payments to accumulate for disbursement. Businesses that can survive a period of very low revenue, and remain whole may have a future, so the paypal solution I chanced upon might save a company that would otherwise be left with no prospective future. By accepting payments in my name I deposit the money into one of my accounts, and move it to paypal, and then to the company’s paypal. A traditional bank with a low-balance business account will be hit with fees, and effectively close the business, but paypal allows the balance to sit untouched. Here’s the remarkable part. This Indian based tech-support company can remain open with a place to accumulate payments in the company’s name. This is a big deal for me, because humans have a hard time with decline. While it’s fun to gain personal status, professional status, and social status along with a “growing family” humans are not as good with decline like death, divorce, or financial collapse. Michael Cohen is a great recent example who describes his hit as, “losing everything”, but it’s not true. My tech support org under traditional banking could be described as, “losing everything”, but the org has not lost everything. The org remains whole. At the moment the org is surviving with prospective hope of gaining altitude in a future non-eventful manner. I let myself dream big with my tech support org, so the org’s death would have left me needing recovery — amen alleluia assalam alaikum mazel tov. »» about me 302-990-2346 contact us

About Tom Doody

middle-age American living in New Jersey near the Lincoln Tunnel
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