What do you do if you receive a letter from the IRS that states that you under reported your business income. Once you have finished panicking, watch this video and call your tax professional to help you answer the letter. Before you do anything else, why not join The...
Blog
Flying Blind Leads to Disaster
Entrepreneurs are sometimes lulled into winging it, managing by the seat of their pants, and flying blind. They forget about staying on top of the “performance numbers” that are important indicators of their business’s health. They don’t look for...
Why Do I Need to Keep a Mileage Log?
In this video I discuss why it is so important for the business owner to keep track of their business auto use and how much this can cost you. Before you do anything else, why not join The Profit Maximizer Club on FaceBook. This community is designed to help...
What is My Business Worth?
This is a common question that every business owner asks at one time or another. The answer is simple: Your business is worth what someone thinks it is worth! Yes, I know, that’s very simplistic. But at the end of the day, you will only know its actual...
How Long Am I Required to Keep My Tax Records
In this video I answer a question that I am asked at least a dozen times a year--How long am I required to keep my tax records? Before you do anything else, why not join The Profit Maximizer Club on FaceBook. This community is designed to help each other grow their...
4 Customer Service Question’s You Must Answer
In today’s market the consumer is now king. They can check out your firm in advance of contacting you. They then can tell all their friends, relatives, and co-workers using social media exactly what they discover in a much more efficient way than ever before. To...
Marketing With a Tiny Budget
Every business experiences a time where they need new customers but just don’t have the advertising budget. In this video I cover the four things that you can do. Before you do anything else, why not join The Profit Maximizer Club on FaceBook. This community is...
Why Your Business Should be an S Corp
In this video we discuss why roughly 85-90% of small business corporations electing to file as an S-Corp and how are LLC's taxed. Before you do anything else, why not join The Profit Maximizer Club on FaceBook. This community is designed to help each other grow...
Myth Vs Truth: Getting New Customers is the Key to Growth
The myth most business owners believe: Too often I hear business owners express how well their business is doing by how much their sales are growing. When I probe, I find that all their marketing and sales efforts are focused on getting new customers. Why this myth...