Let’s take a look at where your small business stands as the year comes to an end. These small business year end tips can help you make sure you’re in good shape financially as you head into the new year. DFW Tax Help: Small Business Year End Tips Take Some Time to Look at Your Business First, set aside time … Read More
Small Business Help: Boost Your Numbers This Fall
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 business? What’s So Important About Fall? Fall is the time … Read More
Small Business Money Saving Tips From Texas CPA
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 making it past their fifth year. Small businesses face unique … Read More
Small Business Coach: Know Your Clients First
For different reasons, individuals and small businesses rarely do a thorough background and credit check of their business clients. This creates a large information gap when it comes to knowing exactly who you’re dealing with. Small Business Coach: Know Your Clients First Everyday information about a business and even looking up reviews is easy to do. However, this type of … Read More
A CPA’s Advice Helps Law Firm
David, the sole practitioner of a law firm, found that his revenue had stagnated and he was constantly facing cash flow problems. David was jolted into action by an honest conversation with his CPA, who asked him how many hours he worked in his firm each year. The lawyer estimated approximately 2,000. The accountant then asked the lawyer to divide … Read More
Four Small Business Mistakes
It is only to be expected that business owners make financial mistakes which can jeopardize their dreams. Here are four of the most common small business mistakes and how business owners can avoid them. Failing to plan Few small businesses have a working budget and cash flow forecast which is rolled over on (at least) a quarterly basis. As a … Read More
Dentist’s Revenue Jumped With CPA Advice
Dentist’s revenue jumps with one simple process change. Janice started a dental surgery practice three years ago. She had grown the business from nothing, reaching breakeven quickly through word of mouth and then moving into profitability. However, she also felt there was so much more potential to grow. When her trusted CPA suggested they talk through how she might grow … Read More
Overcoming Small Business Challenges
Entrepreneurs and small business owners who follow the 3 tips below often enjoy success regardless of what business challenges are thrown at them. Those business owners who embrace these principles thrive during major economic downturns. And although these 3 tips may seem counter-intuitive at first sight, try them out and see how your results change: 1) Focus vs. Diversification … Read More
Is Your Accountant Right for Your Business?
Is Your Accountant Proactive or Reactive? Does your Accounting and Tax Firm offer you advice before it happens or late or not at all? Do they offer value added services that help your business improve and grow or do they just process your work? Are they constantly looking for legitimate but creative ways to minimize your taxes or do they … Read More
How To Protect Your Small Business
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
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