Blog

The economic climate is still reeling from the COVID-19 pandemic. Some 12% of small business owners say financial stability is the most important challenge for them, beaten only by loss profits and attracting new customers. No surprise then that taxes—a bill that arrives at the end of each financial year—is the second-most important problem... Read more

Business owners and gig economy workers may enjoy their freedom and often benefit from more flexibility. But, they miss out on the retirement plans and contributions that many full-time workers receive. So, how should a small business owner plan for retirement in the absence of company-sponsored plans? (Dallas Tax Advisor:... Read more

For lots of businesses, tax season is a hard time of year. It’s often associated with stress, record-combing and exhaustion. This is one reason why small businesses should be thinking about their taxes year-round and prepare long before it comes time to file. By including tax planning into your overall... Read more

As a business owner, you know you have to keep careful records of both your income and your expenses. (Flower Mound Tax Help: Balancing A Small Business Budget) In addition to saving money when tax season rolls around, keeping clear and concise records of all your business transactions will give... Read more

Starting your own business can be very exciting and can be a huge source of joy and revenue in your life. (Flower Mound Tax Advice: What to Know Before You Start a Business) However, it’s not for everyone. Many people try to turn a passion of theirs into a business... Read more

While for many people the summer is spent outside enjoying the sunshine, for small business owners it’s a crucial time for your business. The life of a small business owner is very different to that of a boss of a large organization. If you happen to be in the earlier years... Read more

What are the challenges that keep small businesses from doing more business? What can entrepreneurs, who already wear so many hats, do to overcome them? Reacting vs. thinking ahead Every business owner knows how important it is to stay on top of day-to-day operations, but survey results suggest “short-termism” is... Read more

The right words of advice can get you closer to your goals. They can also inspire you to be a better leader. Josh Linkner, the author of the best-selling “The Road to Reinvention,” which urges businesses to go beyond the status quo for success shared this list of five books he would recommend... Read more

Memorial Day is traditionally the beginning of the summer season, and for many small businesses, that means customers flocking through the doors. For others, it’s a slow time: Customers don’t come, clients don’t call. Whether you sell surfboards or snowboards, picnic baskets or Christmas baskets, the health of your small... Read more

Just because you might be the best accountant, plumber, or chef in town doesn’t necessarily mean that you have all the skills you need to open a business.  In fact, leadership itself is a skill – a set of behaviors that can be learned and improved upon. Since we can... Read more

For many businesses owners, the holiday season is the most profitable time of year. This is nothing surprising. However, many aspects of holiday marketing have changed quite dramatically in recent years. If you’re using older methods, it will be difficult to keep up with the competition. Let’s look at some... Read more

Let’s say your business has grown to a point where you need to consider hiring a finance manager. Maybe your enterprise is now a middle-market company, big enough to justify giving your “numbers person” a bigger title. But how will you make sure that you’re getting what you need out... Read more

Small businesses are lauded as the backbone of the economy, creating local jobs and opportunities. The outlook for these entrepreneurial efforts have been positive in the last few years. The Kauffman Foundation reporting last year that the survival rates of small businesses were at a three-decade high with 48.7 percent of businesses... Read more

If you’re thinking about starting a small business, you’ll want to do everything you can to give it the best shot at thriving. However, many factors contribute to the success or failure of your endeavor. As you consider where to locate your new company, it can sometimes be smart to look... Read more

As a small business owner, you’ve maybe experienced both good cash flow times and bad. And while the hope is that the tight money periods only pop up rarely, sometimes you’ll need a little (or big) infusion of money to keep going. Flower Mound, TX CPA: Managing Your Small Business... Read more

Sometimes getting an invoice paid is more challenging than the work you just completed. After all, it’s not exactly easy to track down late payments. But, what if there was a way for you to receive payments on-time more frequently? This can be accomplished if you stick to invoicing etiquette. With invoicing etiquette,... Read more

Small businesses make a lot of mistakes that could have a major impact on their team members and bottom line. Of course, it is unrealistic to expect any business to operate completely free of mistakes. But if you learn some of the most common ones from other business owners who... Read more

The weather is suddenly getting cooler. Leaves are changing color. Halloween decorations line the store shelves. Suddenly, business is picking up. Welcome to fall, the busiest, most hectic, and important time of the year for many small businesses. How will you make the most of the season in your small... Read more

As the end of 2017 approaches, aspiring entrepreneurs will reassess their situations and consider taking the plunge. It doesn’t happen overnight. Rather, it is a process. Here are some things to consider before taking that first step. Conduct thorough market research Before making any investments, conduct market research to determine... Read more

Dallas Tax Pro: Year End Tips For A Bigger Refund Have you wondered how much you’ve overpaid in taxes this year? If so, you likely want to do all you can to get as big a refund as you can. As we inch closer to the end of 2017, now... Read more

It’s holiday season! Most of you probably won’t be celebrating all of the upcoming holidays, but collectively, your customers will, and they’re all opportunities to push out more sales. Now is the time to get organized. Here are nine things that you have to do now to be more memorable this... Read more

When January 1 comes, small business owners examine what happened during the past 12 months and decide to start fresh by making business financial resolutions. Resolutions are often easier said than done, however. Many of us have forgotten or dropped our individual New Year’s resolutions by Groundhog Day. Small business owners... Read more

As a small business owner you need to be really frugal. Lack of or misuse of capital is one of the main reasons why companies fail . That said, priority number one should be to save money. While some ideas will save more money than others you need to understand... Read more

Beth Williams, co-owner of Flower Mound, TX accounting firm Williams & Kunkel, CPAs, explains the new directions our business is taking. As part of our commitment to serving small business owners, we’ve spiffed up our website and outlined our mission. Take a look. We think you’ll find as inspiring and... Read more