by | Jul 17, 2017 | Business Profit & Cash Flow Tips, Business Success Series, Cost Cutting, Income Taxes, Small Business Owners, Small Business Success Series, Surviving an IRS Audit Series
IRS regulations require that every business owner track the business use of their auto. But this can be such a hassle that I can count the number of business owners who do so on one hand. Of course, if you are audited, not having a log can cost you in...
by | Jul 13, 2017 | Business Profit & Cash Flow Tips, Business Success Series, Sales & Marketing, Small Business Owners, Small Business Success Series
The lifetime value of a customer is one of the most important numbers every business owner must know and understand. You calculate it by taking the average price that your customers pay for your main products or services and multiplying that average by the...
by | Jul 12, 2017 | Cash Flow, Personal financial planning, Small Business Owners
It seems today that investing has moved away from having a solid, well-designed, long-term investment strategy to working with a series or string of short-term investment options. The reality is that both short-term and long-term investment strategies are important...
by | Jul 11, 2017 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Cost Cutting, Sales & Marketing, Small Business Owners, Small Business Success Series
The myth most business owners believe: Most business owners think that if they just bring in more sales that profits will take care of themselves. The truth successful business owners learn the hard way: You can increase sales dramatically and still end up...
by | Jul 10, 2017 | Accounting & Bookkeeping, Books, Income Taxes, QuickBooks, Small Business Owners, Tax Tip of The Week
As a small business owner or an entrepreneur you should be talking to your accountant at least once or twice a year, and ideally more often, to make sure that you are taking full advantage of any tax deductions or opportunities that you may have. The Small Business...
by | Jul 7, 2017 | Business Success Series, Other, Small Business Owners
For many of us, the five-day, 40-hour workweek is a distant memory. But you don’t want to risk burning yourself out. One way to avoid longer hours in the office is to prioritize your time and redefine your workplace parameters. Here are some ways to make your workdays...