We asked Detroit entrepreneurs: What do you hate about accounting?

In a partnership between the University of Michigan’s Detroit Neighborhood Entrepreneurs Project and Business + Impact at the Ross School of Business, accounting students provide free accounting assistance and advice every Friday. Services are free but by appointment only. (Yes, you can make recurring appointments and come back every week if you are doing something like applying for a loan and need weekly check-ins.) Open to all businesses, regardless of location, and to non-profits.
We know most small business owners hate dealing with their company financials. Through break-even analysis, start-up cost analysis, financial projections, cost of goods sold analysis, or just …

Ross accounting students offer free office hours on Fridays, expand Detroit Neighborhood Entrepreneurs Project

Solid financials are the backbone of any small business, but getting a business’ books in order is no small task. Since March 9, accounting students from the University of Michigan’s Ross School of Business, working under faculty supervision, have been filling a need by offering free office hours for small businesses on Friday afternoons. Detroit entrepreneurs can sign up for free one hour appointments at the UM-Detroit Center, and get advice and assistance on topics ranging from chart of account and inventory setup to analysis of various revenue streams.
Dan Savakus, Ross School of Business Master of Accounting Student, said, “Meeting …

Revenue calculations on a computer

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