This year I set a personal goal for myself: I wanted to become a runner. I can confidently say that I have reached that goal! Additionally, the journey to get there was rewarding in itself. What lessons did I learn from working towards my running goal? Know your why Before I started on this journey, […]
As the year comes to a close, many business owners are asking themselves key questions: Will I meet my profit goals? How much cash will I have on hand at year-end? Most importantly, is there still time to make adjustments that can improve my financial standing? For S-Corp owners in particular, these questions take on […]
You’ve heard about KPIs (Key Performance Indicators) and know that other businesses use them to measure success. Should you be tracking them? This guide will explain what KPIs are, provide some examples, and give advice on how to use them to make better decisions. What are KPIs? KPIs are metrics that measure how effectively a […]
If you have been in business for a while, at some point, you will need to make the transition from surviving to thriving. One important way to get there is to identify which parts of your business are profitable. Many conversations with our clients revolve around this topic. We are sharing some of the suggestions […]
Starting a business is an exciting, if not overwhelming, venture. Starting a business with another person doesn’t have to be daunting. We discuss what you should know before you enter a business partnership. Just follow these steps and you can enter a business partnership with confidence. Ensure your values and goals align The will to […]
You want to operate your business with less uncertainty and stress. A budget is a simple yet effective way to plan for your company’s future. When should you create a budget? This article discusses three common scenarios where budgets can be the most useful. When planning for the next year You may be asking yourself, […]
You had your business taxes prepared and you learned that you owe business taxes. You feel stressed about paying your taxes on time but know that you will find a way to pay them one way or another. One thing you know for sure is that you do not want to feel this way next […]
As a business owner, you may feel that your business runs you rather than you run your business. You want to change your approach so that things are different in the future. Setting a specific goal and making a plan to achieve that goal can make it so things will be different in the future. […]
You have worked hard, and the results have paid off- your business is showing a modest profit. You know you have the drive and determination to take your company to the next level, but you want more than just immediate results. You want your business and your employees to be happy and successful while also […]
You have decided to start your year-end planning early. You have gathered the facts to calculate your current net profit. You have your projections for income and expenses for the rest of the fiscal year. You have even set a realistic goal for your profit. What do you do now? Now comes the fun part! […]
