Year end planning

As we approach year end, we are consistently asked what items prudent small business owners should look at. Below is a summary of planning to look at to close out the year. Things to do before December 31 Look at your Profit & Loss report. Where do you stand? If...

Relief for Small Businesses

The Internal Revenue Service recently simplified the paperwork and record-keeping requirements for small businesses by raising the safe harbor threshold for deducting certain capital items from $500 to $2,500. The change affects businesses that do not maintain an...

5 Reasons to Write a Business Plan

A business plan is an essential document that provides several benefits to a prospective business owner. Remember the saying “If you fail to plan, then you plan to fail?” This saying is especially applicable when it comes to the running of a business. The business...

Outsource to build a better business

Accounting and Finance services are typically one of the first business processes that companies outsource.  As a small business owner or early-stage startup, odds are you don’t have the time to personally perform these tasks and the resources to bring on a full...

Why you should hire a CFO

For a growing business one of the most often overlooked areas is financial leadership. A Financial Leader fills a very important role for small businesses that are experiencing or looking to experience rapid growth. Most often the question is when; after all most...