Business

5 Ways a Strong Accounting Function Can Grow Your Business

Many successful entrepreneurs view the accounting function in their business as an important investment. I know what you are thinking. Of course he is going to say that, he does accounting! Don’t take my word for it. Take a poll of some of the most successful entrepreneurs you know and ask how they value the…

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6 Things I Wish I Knew When Starting My Business

Starting a business is hard. There are so many things I wish I knew before starting mine. Looking back, there are 6 things I would have told myself before opening the doors on day one that would have made my journey much easier… 1) Networking & Relationships I feel like every other week I preach…

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6 Financial Reports to Help Grow Your Business

Having timely and accurate financial reports is crucial to the decision making process in your business. How can you make a smart decision if you don’t know the financial impact it will have on your business? I am going to assume that if you are a business owner, you are at least taking a look…

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Year End Planning for Your Small Business

It’s almost Halloween and that means 4th quarter estimates, year-end payroll tax returns and forms, and income tax return due deadlines are all right around the corner for small business owners.  Getting ready now for these important deadlines is extremely important.  Not only will it save you headaches, but you may also find some additional…

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Now Is the Time to Sell Your Business

Since I started my business back in 2012, I have noticed a reoccurring theme. And quite frankly, it is a little perplexing. People start businesses for many different reasons. However, the one common theme is that business owners typically want to make money and sell their business someday. I understand this is not the case…

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Managing Your Business’ Cash Flow

The NBA draft has come and gone and the Sixers ended up with the #3 overall pick.  Unfortunately, the Lakers ended up landing the #2 overall pick so that meant we weren’t able to take their draft pick this year.  In any case, the #3 pick leads to a plethora of opportunities for the Sixers. …

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Business Entity Choice

So far the NBA playoffs have been a let-down. Most games, with an exception of a few of them, have been blow-outs. I do have to say I am quite surprised that the defending champion Cavaliers have won all of their games. Yes, I know the Eastern Conference is very weak overall. However, throughout the…

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My Interview With John Basedow

This week on the blog I get the pleasure of interviewing John Basedow. John is a TV and Internet personality, news reporter, model, author and motivational speaker. He is the creator of the best-selling Fitness Made Simple video series that has helped to improve the bodies and lives of thousands of men and women across…

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Avoid This Tax Trap: Wash Sale Rules Explained

What a letdown those NFL Conference Championship games were this past weekend.  On paper both games looked fantastic.  However, the Super Bowl is shaping up to be the one of the best ones in memory.  When you start breaking down the matchup you could easily make arguments for either team winning this game.  At the…

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What Ever Happened to Just Telling the Truth?

What a crazy world we live in. As scary as it sounds, it seems like telling the truth and being honest is an afterthought in today’s culture. I don’t want to get political but let’s just look at this past election for example. Every media company is telling a different story, most likely based on…

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