by | Oct 23, 2017 | Business Profit & Cash Flow Tips, Cost Cutting, Small Business Owners
Budgeting is a tool for dealing with the future. It helps you turn expectations into reality. In its simplest form, a budget is a detailed plan for future receipts and expenses. As the budgeted period progresses, you should compare actual results...
by | Oct 20, 2017 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series
The myth most business owners believe: Being a manager and small business owner means solving problems as they happen. The truth successful business owners learn the hard way! Most problems occur repeatedly due to a deficiency in your operating system or in the...
by | Oct 19, 2017 | Cash Flow, Sales & Marketing, Small Business Owners
I have had this discussion with three business owners in the last two weeks. One was launching a web store, one was considering opening a business, and one was struggling to survive. I too am faced with this. No American can dodge a commercial from one...
by | Oct 17, 2017 | Business Profit & Cash Flow Tips, Business Success Series, Music, Sales & Marketing, Small Business Owners, Small Business Success Series
El Pasoans are always complaining there is never anything to do, so take that as an opportunity to get people through your doors. Depending on your business, you can invite speakers, live bands, motivational speakers, dances, art exhibits and any other event...
by | Oct 16, 2017 | Accounting & Bookkeeping, Other, Small Business Owners, Tax Tip of The Week
Have you heard about the latest crazy tax deductions? How about the cholesterol deduction? The Willie Nelson write-off? The time machine? Or the stripper who bared her assets? These tax tales are part of the fifth installment of Bankrate’s 10 craziest tax deductions....
by | Oct 12, 2017 | Accounting & Bookkeeping, Cost Cutting, Income Taxes, Small Business Owners, Surviving an IRS Audit Series, Tax Tip of The Week
Taxpayers must be prepared to substantiate auto deductions with adequate records or sufficient evidence. Failure to do so will cost you thousands of dollars in increased taxes and/or fees to accountants or tax lawyers if you are audited. Taxpayers should be able to...
