Do you know what your business is worth? If you’re like many business owners, the answer to this question is probably “no.” That’s because business valuations can be both time-consuming and costly. Even so, there are many instances when...
The primary purposes of business websites are to attract customers and motivate them to take action. The action might be initiating contact, ordering something, bookmarking the site for future reference, or referring others to the business. If a site simply entertains...
In the last article, we started talking about the five different business structures you can use for your service business and the advantages and disadvantages of each. Let’s go over the five types again and then we’ll dive into the final three. The five types of...
When you’re first starting your service business it’s very easy to make a simple mistake that can cost you thousands of dollars in unnecessary taxation, and it has nothing to do with what trade you’re in, what name you choose, or what market you’re operating in. Doing...
Tax preparation is what most service business owners think of when it comes to taxes. They assume that they can just drop off a stack of receipts and some forms at tax time each year and their accountant or whoever is handling it can just magically find the optimal...
I’ve spent many years working with service business owners and entrepreneurs as their accountant and trusted advisor. In the beginning, I thought it was enough to help my clients by keeping sure their records were clean and accurate. I was wrong. I never learned...
