Never Totally Trust Your Bookkeeper

Over the years I have spoken to literally hundreds of business owners who have had problems with their bookkeepers. The lucky ones only had incompetent or lazy bookkeepers who onlyprovided financial statements that were so wrong that they were useless as a management...

7 Secrets to Building a Successful Business

Learn the amazingly simple secrets that the most highly successful business owners have mastered.   C’mon over to the Small Business Profit Maximizer Facebook page at https://www.facebook.com/BusinessProfitMaximizer/ where I am sharing business profit maximizing...

Why You Should Diversify Your Business

While successful diversification offers security and great opportunities for increased profits, italso represents significant peril. You need to differentiate between two types of diversification,one of which works far better than the other. The best kind of...

How to Eliminate Most Hiring Mistakes

Most business owners make the mistake of having no formal hiring process and tend to hire thefirst qualified applicant they interview. This causes them to spend too much time interviewingand asking too many of the wrong questions. This often results in them firing the...

Help! I Just Received an IRS Audit Letter!

First, don’t panic. The majority of audits are done by mail, focusing on one or two items.  The letter will ask you to mail in records and other information justifying the item they are questioning.  Simply include copies of your documentation and mail...