The Power of a Positive Outlook

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post-tax season money tips

Nothing mirrors your quality of life more than your thinking. By deciding to take a positive outlook on life, one can begin to discard a negative frame of mind and view life more positively, with the anticipation of opportunities and challenges ahead, instead of dwelling on barriers in life. Positive thinking is a mental and emotional attitude. With a positive … Read More

Knowing When to Sell Your Business

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CPA Advice to avoid IRS penalties

Many business owners have the mistaken idea that retiring from their business will be a pretty simple process… …they’ll just find a buyer when they’re ready to retire and live off the proceeds of the sale for the rest of their lives. In an ideal world, this would be true. Unfortunately, the reality is much different. Except in rare circumstances, … Read More

Co-Owner of Williams and Kunkel, CPA, LLP Places In Bodybuilding Competition

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CPA Beth’s bodybuilding dream becomes a reality… Flower Mound CPA and co-owner of Williams & Kunkel CPAs, Beth A Williams, placed as a newcomer in the Masters Bikini Division at The National Physique Committee (NPC) JTF Physique Championships held at the Irving Convention Center over the weekend. The contest was promoted by Jennifer and Lee Thompson of Thompson Muscle Contest … Read More

How To Protect Your Small Business

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DFW CPA Tax Accountant - Business Tax Services | Williams & Kunkel CPA

Small businesses have a lot to manage, and often without a lot of resources to do so. The focus is on keeping the business running smoothly, pleasing customers, and making a profit. But in today’s digital world of non-stop news headlines reporting data breaches and fraud, making security a priority is important no matter what size business you own or … Read More

How to Take a Holiday Break as a Small Business Owner

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Everyone deserves a break, especially those who work hard trying to a get a business off the ground. A recent survey found that three quarters (76%) of small business owners and entrepreneurs skip their holidays in order to keep their business running smoothly. But while there may never be a good time to take a holiday when you’re the boss, … Read More

Strategic Planning Steps for Business Management

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What are the Strategic Planning Steps? The Strategic Planning Steps business management system is an organizational tool that is used by groups and corporations globally to refine their goals and maximize their resources. Drawing from the concepts of strategic military planning, the Strategic Planning process is one way in which businesses strive to attain a competitive edge. Strategic planning involves … Read More

How To Plan For Succession In Family Business

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It’s never too early to start succession planning in a family business. Here’s a story… …From the moment the Yung Kee restaurant sold its first goose in Hong Kong, in the 1960s, its founder Kam Shui-fai groomed two of his sons for management roles. However he never had the time to develop a structured approach to succession planning.The younger son … Read More

Motivating A Team With More Than Pay Raises

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DFW CPA Tax Accountant - Business Tax Services | Williams & Kunkel CPA

Staff motivation should always be on top of your priority list because a business thrives when it’s people thrive. If they’re not motivated – if they don’t feel as if they’re adding value and are indispensable within the team – then your business is at a huge disadvantage. It’s a common misconception that staff are just concerned with the financial … Read More

The Trinity of Management

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The Trinity of Management is a simplified concept of basic business management. Coined and trademarked by Ernesto Sirolli, it makes it relatively easy to get across the basics of business by creating a framework in which we can start the work of building a solid new business or expanding an existing business. There are many ways that have been used throughout … Read More