by | Oct 21, 2011 | Accounting & Bookkeeping, Books, Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Cost Cutting, Income Taxes, Small Business Owners, Small Business Success Series
Yes, I survived the 10/17/11 personal extension deadline. Barely! I, like most CPAs, hate this deadline. We are dealing with the clients who have bad records, don’t plan, are surprised that they owe taxes, and complain about how we must have missed something....
by | Oct 7, 2011 | Business Profit & Cash Flow Tips, Business Success Series, Sales & Marketing, Small Business Owners
The myth most business owners believe: The best way to increase sales is by increasing my advertising. Why this myth causes a problem: In this economy, just about every business is experiencing a decrease in sales. Their business customers are cutting costs or closing...
by | Sep 29, 2011 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series
Many of my clients each year are startups. This is the first in a series specifically for startups and the issues they face while trying to survive the tough early years. One of the first things a business owner should do before they even open a business is to clarify...
by | Sep 28, 2011 | Business Profit & Cash Flow Tips, Business Success Series, Sales & Marketing, Small Business Owners, Small Business Success Series
The myth most business owners believe: I should sell my product or service to whoever wants to buy it. Why this myth causes a problem: If a customer purchases your product or service and it doesn’t really meet their need, they become disillusioned. Worse yet, they...
by | Sep 26, 2011 | Accounting & Bookkeeping, Business Profit & Cash Flow Tips, Business Success Series, Client Question of the Week, Cost Cutting, Income Taxes, Small Business Owners
Question: When should I incorporate my business? Answer: This week I had an appointment with the owner of a small trucking company who wanted to know if he should incorporate. He has been in business for about five years and has grown the company to about $700,000 in...
by | Sep 23, 2011 | Business Profit & Cash Flow Tips, Business Success Series, Sales & Marketing, Small Business Owners, Small Business Success Series
The myth most business owners believe: All I need to be successful is to provide an excellent product with great service. Why this myth causes a problem: Let me give you my example. When I opened 20 years ago, I picked up six clients in the first two weeks. "Hey,...
