Tax Tip of the Week – Determining Deductible Business Expenses

Every business owner has tons of business expenses that they “need” in order to run their business. And, every business owner believes that everything they spend should be deducted on their tax return. But, the tax code makes reporting these expenses to the IRS...

Jump-Start Profit Tip of the Week: The Education of the Accidental Manager!

The majority of business owners are what I call accidental managers who have no formal training in managing employees. In fact managing employees if often very far from the business owners’ mind when they started their business. Unfortunately for them, being able to...

Jump-Start Profit Tip of the Week: Growing Sales Doesn’t Automatically Increase Profits!

Growing sales is the main goal of almost all business owners. Most business owners think that more sales will be the answer to all their cash flow problems. The problem is that more sales do not automatically equal higher profits. But, when you increase sales some...

Jump-Start Profit Tip of the Week: Re-Occurring Revenue is Key to Survival and Success

During tough financial times, the difference between survival and bankruptcy is often having a core of re-occurring business. By this I mean customers who are paying you something every month. Having this monthly income coming in helps a business cover their overhead....