Stephen runs a construction business specializing in large basements and car parks. The business has been established for 25 years and has grown steadily, with revenue now into eight figures. Unfortunately, the profit margins are very slim and last year, Stephen’s business barely broke even and he was unable to draw his usual dividend at the year end. His CPA … Read More
2016 Best of Denton County
The Best of Denton County Nomination Period is almost over. If you haven’t already, show your support for Williams & Kunkel CPAs and nominate us today! Best of Denton County is a great way to promote and support local businesses. By nominating a business, you will help send them on to the next stage, where they will compete with two … Read More
Managing Millennial Employees
An expected 75,000,000 millennials are preparing to join or joining the workforce. These can be very good employees. Managing your millennial employees in a fun, yet structured setting will let you build the foundation for the superior workforce you desire. Here are some tips on how to best manage millennial employees: Provide structure. Reports have monthly due dates. Jobs have … 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
Drafting a Strong Business Plan
Running a business without a strong business plan is like rock climbing blindfolded. Your chances of making it successfully to the top are slim. And the climb up will definitely be risky. Contrary to popular belief and practice, a business plan is not only a means to securing financing. Instead it is more of a step-by-step guide to running your … Read More
Show Me the Money!
“Show Me The Money!” Every business owner at one time or another has had this phrase or a version of it pass through their mind when brainstorming ways to find small business success. If you’re one of them, check off your business against these six critically important questions: Do you run your business by design (meaning, you choose what it … Read More
Why Your Office Layout Matters
With the new emphasis on ‘startup culture’ and the different business philosophies it implies, plus millennials placing a strong emphasis on workplace enjoyment, many companies are looking more closely at their own office culture. While there are many factors that comprise a company culture, an undeniably large part of it is office layout and design. How you design and create your … Read More
Saving Your Small Business Money
Sometimes it’s very challenging to grow a business while also saving your small business money. The more business you’re able to get, the more resources you mostly likely need to satisfy your clients. But in order to increase profits, you have to learn how to grow revenue while keeping your expenses low. Addiction to Spending In case you haven’t noticed, we … Read More
Improving Your Local Marketing Reach
Even with all their deep pockets, large corporations still have problems improving their local marketing. You may not realize it, but you have many advantages when it comes to growing your reach among members of your community. Some of the best ways to do that are through online local marketing. Here are some tips on how to get your brand out … Read More
5 Spring Financial Tips
As the year moves further into Spring, it’s time to start thinking about how to refresh your financial life with these Spring financial tips. It may require just looking at things differently rather than making drastic changes. In the end, you want to put yourself in a position to take care of what’s important to you. Whether it’s protecting your … Read More