I read an article today on CNBC that talked about small business closures nearing peak pandemic levels. Here I was thinking we’re almost on the other side of this. Vaccinations are being offered to everyone in almost every state. I can see the light at the end of the tunnel….yet businesses are still ... VIEW POST
Time is Money
Being an entrepreneur means our financial analysis is about more than dollars and cents. Time is money. How much of your time are you spending on the business? Where and how are you spending that time? None of us went into business to spend less time with the people and activities we love. But ... VIEW POST
Hire the Right Tax Professional
I know I just wrote a tax blog a couple weeks ago, but I felt compelled to write another one. A lot of business owners hire someone to do their taxes. There are so many reasons for doing this. You may not want to deal with all the technical language and changes in tax law. I get it…I’m a CPA and I ... VIEW POST
Price to be Profitable
One of the biggest hurdles entrepreneurs face is undervaluing their product/service or overvaluing the need for an expense. That sounds simple enough but the raw data behind it can get a bit complicated. Time is money, so I’m going to try to simplify this for you guys. Whether you’ve been in ... VIEW POST
Piece Your Tax Info Together
It's the most wonderful time of the year Okay, I’m a few months late with those lyrics and I’m pretty sure no business owner has said (let alone sung) that about tax season unless they DO taxes. But to those of us involved in the preparation for (or of) taxes, it’s puzzle time! I recently told a ... VIEW POST
Instantly Know Where Your Money Stands
Let’s be honest, building a business and helping others is more fun than pouring over spreadsheets or balancing bank accounts. That’s why so many of us take the ostrich approach (head in the sand) to money management. If I just pretend it’s not a problem, I can figure it out later. Right? This feels ... VIEW POST
