by | May 13, 2011 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Sales & Marketing, Small Business Owners, Small Business Success Series
The majority of business owners are what I call accidental managers who have no formal training in managing employees. In fact managing employees if often very far from the business owners’ mind when they started their business. Unfortunately for them, being able to...
by | Apr 29, 2011 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Sales & Marketing, Small Business Owners, Small Business Success Series
Growing sales is the main goal of almost all business owners. Most business owners think that more sales will be the answer to all their cash flow problems. The problem is that more sales do not automatically equal higher profits. But, when you increase sales some...
by | Apr 22, 2011 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Sales & Marketing, Small Business Owners, Small Business Success Series
During tough financial times, the difference between survival and bankruptcy is often having a core of re-occurring business. By this I mean customers who are paying you something every month. Having this monthly income coming in helps a business cover their overhead....
by | Apr 6, 2011 | Accounting & Bookkeeping, Books, Business Success Series, Cash Flow, Cost Cutting, Income Taxes, Sales & Marketing, Small Business Owners
A common theme with my clients this past week has been the importance of good bookkeeping. Two different small business clients were surprised when I told them that they were going to owe $30-$40,000 in additional taxes. When we compared what they gave...
by | Apr 5, 2011 | Accounting & Bookkeeping, Books, Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Cost Cutting, Current Affairs, Income Taxes, QuickBooks, Small Business Owners, Surviving an IRS Audit Series, Tax Tip of The Week
Here are twelve hot spots on your return that can raise the chances of scrutiny by the IRS. By Joy Taylor, Assistant Editor, The Kiplinger Tax Letter www.kiplinger.com/links/auditredflags Ever wonder why some tax returns are audited by the IRS while most are ignored?...
by | Mar 29, 2011 | Business Success Series, Sales & Marketing, Small Business Owners
In my 30+ years working with small business owners, I have seen that there are two main reasons that their business ends up struggling to survive. The first is a failure by the owner to understand that everything they hate or that is going wrong in their...