Posts by support
Cash flow statements: The essential report
Understanding cash flow can often be a perplexing concept due to its distinction from profits. It is important to note that operating losses do not necessarily indicate poor cash flow. However, it’s important to know where your numbers are. It can be very frustrating when payroll is due and you have no money to pay…
Read MoreWhat to consider before buying a business
If you are considering buying an existing business, take time to investigate the business thoroughly. Here are some tips: Don’t be too eager. Many people feel they should get into the business and then worry about the problems as they develop. An investigation of all the problem areas may indicate that you shouldn’t buy that…
Read MoreMaking the most out of business meetings
Are your business meetings dull, uninspiring, and inefficient? Do they drain morale, waste time, and focus on the past? Would you like them to be vibrant, engaging, productive, and future-focused? If so, here are some suggestions to supercharge your business meetings. You can make your business meetings more productive. Commitment and discipline will make it…
Read MoreShould you choose a friend to be your business partner?
Having a friend as a business partner can be an exciting prospect, but it’s important to take a step back and evaluate the potential risks and rewards of such a relationship. While your friend may seem like the perfect partner on the surface, it’s important to consider what they will bring to the table and…
Read MoreGive Your Children the Financial Education They Need
Many parents have asked their teenage children if they think money grows on trees, which is a common expression that highlights a truth. Young adults often lack financial planning knowledge. Do your children understand how to manage debt, save for college, or plan for retirement? If not, here are some financial tips to pass along.…
Read MoreTips to Maximize Your Mileage Deduction
Are you taking full advantage of the valuable tax deduction for mileage expenses? Each year, the IRS sets standard mileage rates for business travel, medical driving, moving mileage, and charitable driving. However, many taxpayers miss out on this deduction due to improper documentation. To ensure that you receive the full benefit of this deduction, it’s…
Read MoreChoosing a Payroll Provider
One of the cornerstone activities of every business is the timely and accurate payment of payroll and its related tax and regulatory filings. Whether you do this in-house or use an outside service, it is a good idea to periodically assess how it’s going and whether a change makes sense. Here are some thoughts. Take…
Read MoreMake Filing Your Business’s Tax Return Easier with These Tips
Consider these suggestions for helping to make tax season smooth sailing this year for your small business:
Read MoreTax Checklist for Business Startups
Starting your own business can be equal parts thrilling and intimidating. You can get started with this checklist of items you’ll need to consider as you get started. Determine your activity as a hobby or a business. This may seem basic to some people, but the first thing you’ll have to consider when starting out…
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