Executing a Numbers Based Strategy
In our previous session, we talked about implementing a budget and putting together a strategic plan. From there, it is all about executing that plan ...
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Do You Pay Taxes When You Take an Income Distribution?
All business owners face an interesting challenge: how to take profits out of the company and pay the least amount of taxes in the process. ...
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3 Tips to Successful Onboarding With Your Accountant
When it’s time to bring a new accountant onto your team, follow these three guidelines to foster a smooth onboarding process. 1. Monthly Cash Flow ...
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As a Business Owner, How Do I Pay Myself?
The method by which you get money out of your business depends on the type of entity you are registered as with the IRS. Here, ...
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Key Performance Indicators to Increase Profits & Cash Flow
KPIs to Increase Profits & Cash Flow Part 1 Below is an illustration of the ABC Company whose Cost of Goods Sold rose from ...
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7 Tax Strategies Blueprint
When we review a tax return, several factors can be considered to consider potential tax strategies you may be able to utilize and possible strategies ...
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Building Your Accounting Team
For your business’ accounting needs, knowing what services you need and how to set up your operational systems is the foundation of receiving accurate and ...
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Estimated Tax Payments; Do I Need to Make Them, When and How?
Estimated Tax Payments; Do I Need to Make Them, When and How? The Perfect Storm Business owners that are not aware of the estimated tax ...
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Communicating the Numbers to the Owner
Recently in one of our workshops, an internal bookkeeper asked us: “How do I communicate to the owner the importance of these financial numbers? How ...
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