Tips to reduce your monthly expenditures
Tips to reduce your monthly expenditures Financial hits are often part of business ownership. Whether it’s the sudden departure of a client or inventory that isn’t moving as quickly as planned. It happens. The key to overcoming any potential financial crisis is being...Let’s talk cash flow
The health and value of your company are related to your cash flow, which is the amount of cash your business generates during normal operations. If your goal is business growth, this is a vital step to be sure you’re ready. It’s also among the first questions banks...Here’s how to avoid an audit
How to avoid an audit tips No one likes to hear these two words: Tax audit. As a business owner, you are putting in the extra time each week (we hope) to keep your financials organized for IRS filings. Triggers for audits vary, but it pays to be honest and thorough...Five reasons why you need a business plan
A business plan is perhaps the most important document that every prospective business owner needs to have. Formalizing a plan for your business sets you on the pathway to growth and success. A useful business plan is one that is documented; not just stored in the...