Blog

Why Accountants Are Your Most Trusted Advisors Accountants hold a unique position as trusted advisors, bridging the gap between financial expertise and personal trust. Here’s why they’re considered essential allies for both personal and business financial success. 1. Financial Expertise and Knowledge Accountants are experts in navigating complex financial landscapes.... Read more

With year-end rapidly approaching, this is the time to take steps to cut your 2019 business tax bill. (Flower Mound Tax Consulting: Year-End Business Tips) Establish tax-favored retirement plan If your business doesn’t already have a retirement plan, now might be the time to take the dive. Our current tax... Read more

With the summer season quickly ending, vacations and barbecues could be pushing out your business tax planning. However, this is the perfect time to review your business’s tax and financial plans with your certified public accountant (CPA). (Flower Mound Accountants: Midyear Tax Check-Up) Why is summer the best time to... 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

How did Dottie Herman become the richest self-made woman in the U.S. real estate industry? As CEO of Douglas Elliman, she steers the sails of one of the nation’s oldest and largest real estate brokerage firms with approximately $27.4 billion in annual sales volume and a whopping 7,000 real estate agents. From her... 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

Becoming financially stable so you can live comfortably in retirement is a goal that many small business owners have. Fortunately, according to a recent Wells Fargo/Gallup survey, 82 percent of small business owners said they are currently saving or investing money toward their retirement. 76 percent said they think they’ll... 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

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

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

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

Looking for a few tips to revitalize your personal energy after the tax season is over and get ready for the summer? Some of these small business consulting tips are so easy and simple you might think they won’t do anything for you. As you read, check to see which ones... Read more

Does a Small Business Need Leadership or Management? The answer is both. Have you ever heard the expression “Too many generals and not enough soldiers?” Well it can work both ways. Too many soldiers without a strong general will surely find themselves fighting the wrong battles. Businesses with too many... Read more

Surely you had an inspiration when you decided to start your business. Was it to provide a service or product better, faster or cheaper than what was currently available? Was it to fill a gap in the marketplace? Perhaps you were inspired to run a business that people enjoyed working... Read more

The right words of advice can get you closer to a goal. They can also inspire you to be a better leader. Josh Linkner is the author of the best-selling “The Road to Reinvention,” which urges businesses to go beyond the status quo for success, as well as a relatively new... Read more

Whether it’s ensuring your customers are happy or it’s perfecting your products and services, you’ll need to keep pushing on with a new business. With that said, there’s one area that’s often overlooked by small business owners: accounting. Even if you aren’t a financial expert, it’s absolutely necessary that you... Read more

For those of you who want to start your own small business on the cheap, but are worried about seemingly insufficient funds, here are a few ways you can become a successful entrepreneur despite an almost non-existent budget. 1. Start With Home. With Apple and Facebook leading the pack, almost... Read more

Defining Your Purpose If you don’t know what is is, your customers won’t either. Also, you won’t be able to tell your customers why they should choose you over your competitors. Surely when you decided to start your business you were inspired. Was it to provide a service or product better,... Read more

If you’re starting a small business on a fixed budget, you’ve probably spent some time trying to figure out where you can cut costs and do more on your own in order to stretch the funds you have available. One area where you may consider doing it yourself instead of farming... Read more

Some hair salon owners worked with their CPA to create an effective low-cost marketing campaign which targeted lapsed and new customers to increase sales.  The campaign was traditional but still very effective, another example of how small business CPA advice really can improve growth.  About The Client They run a... Read more

How important is accountability to the success of a company? Without it, a company cannot improve its performance. If each team member feels invested in the success of the business they are a part of, the sky is truly the limit.  As part of our business coach advice, let’s point... Read more

When you own a small business, everyone wants to give you advice. It can come from all kinds of sources: friends, family members, neighbors, social media connections, people you meet walking your dog. A lot of times such advice is not very helpful.    If you’re looking for worthwhile advice, there... Read more

More than 52 percent of businesses today are home-based. Garages, basements, and attics are being transformed into the corporate headquarters of the newest entrepreneurs–home-based businesspeople. And, with technological advances in smartphones, tablets, and iPads as well as rising demand for “service-oriented” businesses, the opportunities seem to be endless. Is a... Read more