Besides being a time for reassessing personal finances, after tax season is a good time for small businesses to de-clutter business expenses and polish up business plans. Here are some tips for small businesses to perform a little “spring cleaning” of their own: 1. De-cluttering expenses: Now it’s smart to think about next tax year and changes you can make … Read More
3 Common Entrepreneur Mistakes
When it comes to starting a new business, most people focus on how they will win and achieve the American dream. But success isn’t something most new businesses experience. It’s important to be aware of entrepreneur mistakes. “The painful truth is that the majority of first-time entrepreneurs who launch a business fail early and often,” says Rod Robertson, an international … Read More
The Value of Accountability
Accountability is truly essential for any successful organization. When team members take ownership of their projects and accept responsibility for outcomes, the entire company benefits. In order to foster a culture of accountability, leaders must step up to the plate. Accountable leaders don’t necessarily have to come from the very top. Anybody, at any level can lead through accountability. The four … Read More
Five Tips for Smart Business Growth
Taking your business from the start-up phase to becoming a medium-sized enterprise is a pivotal step for many entrepreneurs. If you are at this stage, congratulations! You have succeeded where many others have failed, and you are potentially on your way to becoming a very successful company. That said, there are countless challenges involved in business growth. Becoming an established … Read More
How To Plan For Succession In Family Business
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
Falling In Love With Your Small Business All Over Again
It’s the middle of summer, and you’re stuck behind the desk at your small business — working and sweating. Your friends’ Facebook feeds are filled with pictures of them happily enjoying a drink on some beach. It’s no wonder you’ve lost that loving feeling for your own business. Falling out of love with your small business can happen at any time, not just … Read More
7 Tips on Building a Strong Team
Entrepreneurs need to be effective team leaders… …..since no one can transform an idea into a product and a business without some help. Fortunately, team building is a skill that can be learned and practiced, for those willing to put in some effort. Take a look at this checklist as a starting point for developing team connections and building engaged … Read More
How to Plan Your Business Pipeline of Growth
Nurturing clear strategies for growth Effective growth plans are built from a targeted strategy that builds sales and profit by channel, customer, and product to identify what can be achieved. These plans are usually more realistic and will include a new customer or new product business pipeline to define potential sources and probabilities of new growth. By building up by … Read More
How a Business Plan Can Help Your Business Grow
The Power of Drafting an Annual Business Plan ….If you want to grow, one of the most important steps is to develop a plan for growth — and then make planning an ongoing process of your company. Remember: You can’t reach a goal you haven’t set. It’s planning that’s important, not necessarily the plan. The planning process itself brings you the … Read More
Williams & Kunkel, CPAs LLP client case study Jewelry Theory
Matching their passion for jewelry with their drive to revolutionize the industry… Dallas-based Jewelry Theory is not a jewelry store: it is a new approach to jewelry design and creation. And it’s catching on fast. We spoke with one of the four owners and Head of Design, Tony Logan, about the business and their journey so far. As with so … Read More