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Avoiding Year End Surprises

Avoiding Year End Surprises
As the year comes to a close, it’s crucial for small businesses to be proactive, organized, and prepared for the year ahead. Here’s a breakdown of key areas to focus on to ensure a smooth transition into the new year. Contracts and Annual Payments Before year-end, review any contracts that may require renewal or payment.… Read More
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It’s Budget Season

Budget Season Fall Trees Road
As autumn rolls in, we welcome cooler weather, seasonal flavors, and the vibrant hues of falling leaves (even if here in the desert, our landscape remains relatively unchanged). For many businesses, this time of year signifies the onset of “budget season.”… Read More
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Why Can’t I Get Better Information to Run the Business?

Happy senior woman sitting at a table in her home office, drafting her last will and testament in a journal and taking care to allocate her assets. Retired woman leaving a plan in place for the future.
A common complaint we hear from business owners is that they struggle to use information to run the business. It is either not timely, not accurate or both. Those same business owners find it harder and harder to manage the business by feel as the business grows and evolves. … Read More
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Mind the Gap

a hand touching a graph
We are now over a quarter into the new year. Like many companies, you may find yourself falling short of plan. That doesn’t mean the budget has all of a sudden lost its value. It can be your best friend. This is not the time to panic.… Read More
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Tracking Performance in the New Year

a person using a laptop
Last year is wrapped, the budget for the new year is done, and you are ready to execute on the goals of the coming year. Yours may be one of the many small businesses that is already off plan. That could be because the budget process had flawed assumptions, or it could be because the business has not performed to expectations.… Read More
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Why the Budget Matters

Budget Season Blog
Ah, fall… the weather cools off, pumpkin flavors abound, the leaves change (or so I’m told; the cactus here pretty much stay the same), and for many companies, the start of “budget season”. That’s an accounting thing though, right? Not exactly.… Read More
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Do You Know Your Real Margins?

Financial Cost Analysis
For business owners, the business environment is constantly evolving. This makes it more important than ever to have a clear understanding of your margins and the true costs of producing and selling your product. Do you know what you net from every sale?… Read More
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Life after Budget

Finance, accounting and fintech, a man on a computer and calculator working out his business budget strategy. Businessman at his office desk, laptop, money management and financial investment online.
Hopefully by now the year’s budget was completed months ago and tracking results against it is ongoing.  Unfortunately, for many businesses, once complete, a budget finds its way into a drawer to not be seen again until it’s time for a new one the following year. … Read More
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Investing in Your Business – Is the Picture Clear?

Hands of a young Asian businessman Man putting coins into piggy bank and holding money side by side to save expenses A savings plan that provides enough of his income for payments.
We hear from business owners constantly that they are making profits, but don’t have a lot of cash at the end of the year to show for it. One big reason is that they are constantly investing in their businesses. This concept of “reinvesting” profits frequently occurs, especially in growing businesses where the expected payoff is down the road.… Read More
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It’s Time to Talk Tax, Well Before Tax Day

Word Tax 2024 on the calculator. Business and tax concept.Calculator, coins, book, tax form, and pen on table.Tax deduction planning.Financial research, government taxes, and calculation tax return
As a business owner, when was the last time you talked to your tax accountant? Hopefully the answer is very recently, and if not, it needs to be a priority. Tax planning is one of the more critical, but too often unutilized tools in a company’s financial arsenal.… Read More