Cash flow is the life blood of any business – both big and small. Without proper cash flow management, you cannot perform the basic duties of a business, and your company will soon find itself in a world of trouble. To help you better manage your cash flow, here are some tips that will help not only manage, but improve the money coming into your company.
Small business owners (SBOs) have more than enough on their plate – generating new business, keeping current clients happy, and coming up with new ideas to grow their company (to name but a few). Add in accounting, number crunching, and taxes, and it can quickly become too much for even the most ambitious of entrepreneurs. The consequences for taking on too much can be many. One, in particular, has to do with mistakes in tax filings. To help SBOs combat this, our blog today will delve into some of the most common tax mistakes business owners can make.
If you are a small business owner (SBO), odds are you have more to worry about than the impending tax season. With so many things on your mind, it can be easy to overlook simple, yet important, tax saving strategies. Even if you have a tax professional or CPA on your side, it never hurts to arm yourself with as much information as possible. To help, Clayton, Paulk, and Associates would like to share some last minute small business owner tax tips!
We recently ran an article on year-end tax tips for individuals. To follow-up on this theme, this go around we are going to share tax tips for small business owners (SBOs).
If you are planning to start your own business, your first step should, without a doubt, be to create a business plan. While some business plans differ, there are several standard elements you should include in your document. In this blog post, we will look at our first part – the Executive Summary.
Cash flow is the driving force behind any business. Without it, you could not pay employees, produce goods or services, grow your business, or even keep the doors open – and the lights on. With that thought in mind, today’s small business owner blog post is all about keeping the cash flow…flowing.
If you are a small business owner (SBO), then you know well the time demands you face everyday. From responding to emails, to dealing with paperwork and employees, day to day tasks can get overwhelming pretty quickly. Not to mention the fact that you still have to grow your business and find new opportunities to increase your ROI. To help combat this, in today’s blog post, we are going to look at some productivity tips for small business owners.
In this quick blog post, we are going to seek to answer the age old question: what are tax deductions. We will be covering this from both a personal and a small business owner (SBO) perspective, with an emphasis on small business tax deductions. We will also discuss the difference between business and capital expenses, and tips on how to avoid a tax audit by the IRS.
With tax season firmly in place and full steam ahead, it is always a good to review tax methodologies and see where you can improve – all with the hope of reducing your tax bill. With that thought in mind, here are some great tax tips for small business owners (SBOs).