by | Nov 11, 2013 | Business Success Series, Small Business Owners, Small Business Success Series
(http://timemanagementninja.com) Keeping with this month’s theme of managing the owner and time management, I chose my favorite time management blog. The tagline for this blog, Helping you win the battle against wasted time, disorganization,...
by | Nov 8, 2013 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Sales & Marketing, Small Business Owners, Small Business Success Series
Business owners are used to having outside accountants audit their books to make sure they know what customers owe them, how long it takes customers to pay, what the company is spending money on, and, whom they are spending it with. Business owners...
by | Nov 6, 2013 | Business Profit & Cash Flow Tips, Business Success Series, Cost Cutting, Small Business Owners, Small Business Success Series
If you lease an automobile and use it for your business 100 percent of the time, you can deduct the entire amount of your lease payments. Of course, if you only use the vehicle for business 80 percent of the time, then you can only deduct 80 percent of the...
by | Oct 31, 2013 | Income Taxes, Small Business Owners, Small Business Success Series
What should you do if you discover a mistake in your 2012 tax return that you already filed? You have three years to file an amended return. But the question is, should you? Meet with your tax advisor and weigh the advantages and disadvantages of filing...
by | Oct 30, 2013 | Client Question of the Week, Cost Cutting, Small Business Owners, Small Business Success Series
I Started a Home Repair Business. Can I Deduct My Personal Tools and Pickup Truck That I Am Now Using For Business? Yes. You can claim a depreciation deduction for personal assets that are converted to business use. Your basis for...
by | Oct 29, 2013 | Cost Cutting, Small Business Owners, Small Business Success Series
Labor costs are usually the biggest cost item for a service business, and the second biggest cost for a business that sells products. But rarely does the owner make a serious attempt at controlling it. They may work at controlling overtime and...
