Cash flow is one of the most important aspects of any business operation. It is the lifeblood of any organization, and its effective management can be the difference between success and failure. In this blog post, we will explore the power of cash flow, how to understand it, measure it, and leverage it for maximum … Read more
“I don’t know” is a phrase that few people will admit to saying. This can be due to fear, embarrassment, or the fear of not being able to answer a question. However, this phrase should not be taken negatively. In fact, it should be seen as liberating, as it is a way to cut through the clutter when you do not have an answer a gateway to learning what needs to be done for your business.
The March 15th deadline is approaching and businesses are paying attention to LAST YEARS financial results. In the episode, we discuss how Client Accounting Services (CAS) are essential for business owners to achieve their goals in the current year.
Entrepreneurs believe in sacrifice. They sacrifice for clients, employees, and vendors and willing to overcome anything that might stand in the way of dreams. The sacrifice mentality affects owners and their families because they do not consistently compensate themselves. With all the effort and perseverance needed to run a small business, a business owner must be able to maintain their livelihood and support their family’s needs, or eventually, the business will fold.
COVID-19 has created an unusual time for business owners, something we have never seen before. The Federal government has issued a program entitled PPP (Paychek Protection Plan) that provides funds for businesses to maintain their payroll.
Photo by Solo Shutter from StockSnap Business expenses are the cost of carrying on a trade or business, and there may be some tax breaks there. But a lot has changed in recent months, and the rules can be complicated. Are there business deductions you can take advantage of? Yes, but first you have to … Read more