Maybe business seems pretty good to you: Jobs are getting done, new customers are dribbling in, cash flow is positive. But are you growing? Or are you just treading water instead of really getting ahead?
A lot of little things can have a negative effect on small business revenues, even if they seem small. It’s possible that if you made improvements in just a few areas, you could have a major impact on cash flow and business growth.
Here are four things that you can start doing right now that could dramatically change your business finances.
As a small business owner, it’s easy to get lost in the hodgepodge of annual taxes and their procedures, but it’s necessary to know the basics in order to protect yourself and your business.
Let’s get down to the five W’s:
Life is expensive, from business expenses to personal expenses to paying Uncle Sam on April 15. Wherever you go, it may seem like your wallet is open. One way to save money each year is to find legitimate tax write-offs that intersect both personal and business expenses.
As a business owner, everywhere I go, even when I’m at dinner with friends, I constantly am asked the question: “So, what can I write off my taxes?”
The end of the year can get a little crazy. People are planning for holiday travel and scrambling to meet deadlines. As a small business owner, there are likely even more items to cross off on your to-do list before ringing in the New Year. It’s easy to get flustered just thinking about year-end tasks. The last thing you want to do is put off important business responsibilities and play catch-up for the rest of the following year. Take advantage of these last couple of weeks and prepare for success.
Review this end-of-the-year checklist to get your business set up for a prosperous new year: