A Blueprint for Small Business Success

Over the last 12+ years, I have provided accounting and tax services to self-employed individuals and their companies.  These experiences have provided me with unique insight into the inner-workings of small businesses across a variety of industries. During this time, I learned that a “one-size-fits-all” approach doesn’t exist for building a successful business and creating […]

Succession Planning for a Family Business

If you intend to name a family member to succeed you in running your company, you have some advantages.  The person you’ll name (potentially your son or daughter, son- or daughter-in-law) is someone you can identify easily, without an extensive search.  You know that person’s capabilities and shortcomings; he or she likely works for the […]

How to Manager Your Finances When Your Self-Employed

T-Sheets by Quickbooks
September 13, 2018

There are a lot of great things about being self-employed. You get to set your own hours, you’re in charge of your own future, and you can even wear sweatpants to work if you feel like it. But there are a few aspects of self-employment that aren’t so wonderful. For one, lying awake at night worrying about…. 

When Workers are Independent Contractors

As business owners know all too well, hiring an employee costs more than just paying a salary.  Employers generally provide benefits to employees, which can be expensive.  Moreover, employers must pay a share of Medicare, Social Security, and federal/state unemployment taxes. None of the above applies when your company hires an independent contractor – a […]

Safeguarding e-Data of Your Business

Data breaches at large corporations have been making headlines recently.  The good news is that major corporations have the resources to protect themselves from electronic intruders.  If your company does business with firms traded on public stock exchanges, your personal and business data probably are secure. The bad news?  Thwarted hackers and identity thieves may […]

Cybersecurity & Safeguarding e-Data of Your Business

New Year’s Resolutions for Business Owners

Like anyone else, business owners can begin the New Year by vowing to lose weight or revisit their insurance coverage during 2019.  However, you probably should make (and implement) a separate set of resolutions to help your company prosper this year. Here are some suggestions for your consideration: Turn over your paperwork.  Finish your financial […]

LLC or S-Corporation?

Many business owners structure their companies as limited liability companies (LLCs) or S-corporations.  On the surface there are several similarities.  Both types of entities avoid corporate income tax.  Instead, business income is passed out and taxed only once on the tax returns of LLC members or S-corporation shareholders.  Moreover, both LLC members and S-corporation shareholders […]

Link: Why Every Small Business Needs an Accountant

October 2018

Is your business missing out on essential accounting resources that could help it grow? Money—it’s how you measure success in business. It’s also how you pay the bills, pay your employees, and keep your business running. Unfortunately, many small business owners are selling themselves short by operating without essential accounting resources, according to a survey by Clutch.