Blog

Mitigating The Impacts of The Great Resignation

January 17, 2022

Most business leaders have heard of “The Great Resignation” but not all understand what is happening or have felt its impact yet. There are a variety of factors contributing to this phenomenon, but it’s more important to focus on ways to mitigate the impacts to your business, since talent-related issues can impact your business at […]

When Is The Best Time To Sell Your Business – And How Do You Do It?

January 3, 2022

Lately I’ve been having more conversations with my clients who are asking about selling their businesses. The past few years may have caught up to some, and others are finding that they have had windfall years that make it very enticing to sell now. These clients all have one thing in common: Their businesses are […]

The Intelligent Way to Cut Business Expenses

September 7, 2021

Whether you are experiencing a momentary cash flow issue or want to improve your company’s profitability, cost-cutting is a common approach of business leaders. But not all cost-cutting ideas are as good for your bottom line as they may initially seem to be. Even the best ideas need to be thought through carefully, or you […]

Start Planning Now To Pay Less In Taxes Next Year

June 11, 2021

Start Planning Now To Pay Less In Taxes Next Year Were you shocked by your 2020 tax bill? If you were, you are not alone. Many business owners found themselves paying more in taxes than they expected to. And while 2020 may have had a few additional surprises due to the pandemic and the handling […]

Business Partnerships

June 7, 2021

In business it can be helpful at times to form a partnership. Partners bring different skills to the table, and partnerships can leverage the financial assets of two (or more) people to start a business that they would not be able to finance on their own. Considering A Partnership? There are advantages and disadvantages to […]

Here Is How To Avoid Tax Time Surprises

May 3, 2021

Were you surprised by an unexpected tax bill this year, maybe you even had to pay a penalty? No business owner wants an unexpected bill to pay, especially not when it’s from the IRS. Surprise expenses put a strain on your cash flow. While this year’s tax surprises cannot be eliminated, there are things you […]

Business Planning 101: A Timely Tip

April 5, 2021

In addition to working with our clients on Tax Planning, we also help with business growth and revenue planning. That means that we frequently see patterns of overlooked business improvement opportunities across a variety of industries. When we do, we try to share them, because they may be helpful to you. One opportunity to start […]

It’s A Great Time To Establish Business Credit

March 2, 2021

When I talk to most business owners about getting a line of credit or applying for a loan, they typically need access to the money in the very near future, if not immediately. That’s really not the ideal time to be applying for either, and it tells me that there was some business financial planning […]

The Secret to Getting Paid On Time

February 1, 2021

Every business has customers that pay on time and those that pay after the due date. As the business owner you need to make sure most of your customers pay on time, and have a policy that addresses late payments to encourage payment as soon as possible, to ensure your business remains financially healthy. Ignoring […]

It’s True. The IRS Wants You To Succeed!

January 4, 2021

Did you know that the current US Tax Code was written to favor the small businesses? That actually makes sense when you think about it. In 2019, there were 30.7 million small businesses in the U.S. which accounted for 99.9 percent of all U.S. businesses. And this sector created 1.5 million jobs – representing 64 […]