by | Nov 19, 2015 | Accounting & Bookkeeping, Cash Flow, Cost Cutting, Income Taxes, Sales & Marketing, Small Business Owners, Small Business Success Series
Why Does Tax Planning Work? Tax planning works because the business owner learns to appreciate that the tax law affects every aspect of their life and then learns how to plan their finances in a way that minimizes their tax liability. When I say the income tax code...
by | Nov 18, 2015 | Accounting & Bookkeeping, Cost Cutting, Income Taxes, Small Business Owners, Small Business Success Series, Tax Tip of The Week
Tax Planning Guarantees the Business Owner They Will Pay Less in Taxes Very little in business is guaranteed. Even a well-planned marketing and sales campaign cannot guarantee results. But those businesses that take tax planning seriously are almost...
by | Nov 16, 2015 | Cost Cutting, Income Taxes, Other, Sales & Marketing, Small Business Owners, Small Business Success Series
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 revenue, but was still having small losses due to...
by | Oct 28, 2015 | Business Profit & Cash Flow Tips, Cash Flow, Cost Cutting, Sales & Marketing, Small Business Owners
Every business experiences a time where they need new customers but just don’t have the advertising budget. For this I recommend four things. First, get into today’s Yellow Pages. In the past it was key that you get your business into the Yellow Pages so...
by | Sep 17, 2015 | Accounting & Bookkeeping, Books, Cost Cutting, Current Affairs, Income Taxes, Sales & Marketing, Small Business Owners, Small Business Success Series, Surviving an IRS Audit Series, Tax Tip of The Week
The following article appeared in the July 2015 issue of Small Business Tax Strategies (a publication worth checking out at www.SmallBizTax.net): The IRS has informally indicated that iPads and other tablets will be treated like cell phones when employers provide them...
by | Aug 24, 2015 | Business Profit & Cash Flow Tips, Business Success Series, Cost Cutting, Sales & Marketing, Small Business Owners, Small Business Success Series
When I start sales consulting with small business owners, the very first thing I get them to focus on is increasing sales from their current customers and prospects. Without a doubt, the fastest way to grow a business is to increase what your current customers...
