Think Outside The Box With Bank Accounts

Most service business owners treat their bank accounts as a one-size-fits-all solution. Money goes in, money goes out, and see how well they did at the end of year. What if there was another way? What if there was a way you could set up your business bank account so...

Plan for 2022 Profits

It’s that time of year… It’s not just Christmas and holidays and eggnog, it’s the time where most business owners start thinking about their upcoming tax bill and start to panic. Instead of making some hail mary plays and desperately buying new equipment or making...

The Mistake Most Business Owners Make Right At The Very Beginning

When you’re just starting up your business, you’re probably thinking about your services, how you’re going to market them, what kinds of customers you want to serve, what equipment you’ll need, software, tools, and a million other things. You’re probably not spending...

Value of Thank You Notes

It is often said that is better to give than to receive. However, it is important to acknowledge when someone has done something for you. Whether it is giving a connection to a big job, a mention on social media or simply being there when you need someone to talk to,...

How Bad is an IRS Audit?

I’m sure that if you polled people about their top fears, right up there with public speaking, heights, and spiders would be getting notice of an IRS audit. Many contractors are so afraid of the IRS that they often forego the deductions they deserve because they don’t...

Fail to Plan, Plan to Fail

The first mistake most service business owners make with their taxes is the biggest mistake of all: it’s a failure to plan… …Which is essentially planning to fail! For a lot of business owners, one of the few times over the course of a year where they...