NEWSLETTER: TAX PREP (MAR 2025)
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Accounting | Business | Finance | Planning
Unlocking the Power of Profit Margins: A Guide for Small Business Owners
As a small business owner, you wear many hats. From managing daily operations to crafting marketing strategies, your to-do list is never short. Amidst all these responsibilities, there’s one crucial aspect of your business that you shouldn’t overlook: profit margin. Understanding and monitoring your profit margin can be the key to unlocking greater financial success…
Accounts Receivable
What are Accounts Receivable and Why Do They Matter? Accounts Receivable are one of the most important components of your revenue line. Very simply, accounts receivable are money you are expecting to flow into your business as a result of work performed or goods and services dispensed. As a business owner you sell a product…
Why Every Business Needs a Plan
Building a business will bring plenty of ups and downs, as well as lots of surprises. If there’s one tool that can help you roll through those ups and downs and make adjustments along the way, it’s the old fashioned business plan. A business plan is an actualized, logical breakdown of your company’s future. It’s…
No one likes to talk about late paying clients, but it happens to most businesses
The Importance of Timely Collections for Small Businesses As a small business owner, you’ve likely invested countless hours nurturing your company, from building relationships with clients to refining your products or services. After five years of hard work, you’ve established a solid foundation, but there’s one area that can make or break your business: timely…
Small Businesses: What’s Your Plan for 2023?
Why Plan? Whether your business has had a great year, just an okay year, or a year that could have gone better, knowing how you are going to run your business for next year can give you a leg up on achieving outstanding results in 2023. What is a Plan? A business plan is a…