Category Tax Planning

Why it matters for small businesses to pay taxes.

Positivity and taxes are two words you do not expect to find in the same sentence. Well, taxes can be positive for your small business. Your small business is more than an avenue for you to grow professionally and increase…

How much should I pay myself as a business owner?

Did you know that you should pay yourself first as a small business owner? For many small business owners, answering yes to the above question seems counterintuitive. You are busy investing in your business with both time and money. How…

How to Create Financial Projections for your Business

“Failing to plan is planning to fail.” ~ Benjamin Franklin Any small business owner understands the importance of financial projections to guide their business strategy. How can you get started with creating your financial projections? You can choose to use…

revenue diversification image

Importance of Revenue Diversification

“If I lose this client, am in trouble! “ It feels amazing to get your first major client, paying you more than all your other clients put together. This is common with small businesses that tend to have a singular…

tax reduction

3 Tax Reduction Strategies for Small Businesses

Did you know that the U.S. tax code is around 70,000 pages long?  No wonder, as a small business owner understanding your tax obligations can be overwhelming. Unfortunately, tax reduction cannot be achieved overnight, which is why you need a…

Business Advisory

5 Benefits of Working with a Business Advisor

Too many to-do’s, and the lack of expertise to get it all done could leave you feeling helpless. As your business is growing, simple tasks are increasing in complexity. As you go through this phase, it becomes clear that you…

Past-due invoice

3 Ways to Prevent Past-Due Invoices

‘The payment shall be made next week.’ ‘The check is in the mail.’ These are statements you likely hear when you are following up on a past-due invoice. Invoice deadlines are significant for any small business owner. They enable you…