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finance

This tag is associated with 9 posts

The Importance of Staying Focused & In Control

I was just talking to a long time client today about various “happenings” in her business.  The  company is growing and adding many new services. Certainly an exciting time for any business owner.  It has been the result of a lot of hard word and dedication.  Unfortunately, this growth has also resulted in  internal problems. One […]

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Business Plans and Road Maps

Although we use a GPS now more than we do roadmaps, I was looking at an old map recently and got to thinking about its similarity to a business plan. Main thouroughfares or interstates are your basic idea. Intersections or exit ramps are options you must decide to take -sometimes it is even necessary to reverse course […]

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Pride versus Confidence

Being proud and being confident sound pretty similar and can be mistaken for each other. We see someone who is proud of their accomplishment and they show it by raising a fist, flashing a “We’re number one” or otherwise letting you know “they done good”, at least according to them. We see others who face a situation, […]

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Finding Capital

Someone once wrote that “money isn’t everything, but it is way ahead of whatever is in second place”. Adequately funding your business is challenging and at times may seem impossible. There are a number of ways, some creative, to find needed capital to start and grow your venture.

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Financial and Accounting Controls

Money and the control of money are the life blood of any business.  The financial strength of your business is significant to its success and ultimately to the fulfillment of why you started the business. Even though there are good accounting software packages that facilitate setting up an accounting system, it is important that you have […]

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Economic Hailstorm

Living and working in today’s ecionomy is like sitting in a glass house in the middle of a hail storm – noisy, a bit scarey, not completely safe, and when is it going to go away. Unfortunately, the storm seems to have settled in around us but If you listen to the prognosticators, we are in […]

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Tips on Being Prepared For A Tax Audit

Those of us who have been through an IRS or state tax audit know how stressful they can be.  Here are some tips to better prepare you should your business be one of the “chosen” to have the records audited. 1.  Not all accountants have experience in dealing with an IRS or state tax audit. If your […]

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Surviving The Credit Crunch

Having a difficult time paying your bills? Worried about losing your home or business? Here’s some options to consider: 1.  Develop A Realistic Budget.  This starts with completing a realistic assessment of how money flows in and out of your home/business. List where your income comes from and how you spent it.  Identify the necessary […]

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If you start your business on a shoestring, make sure that credit card is well managed.

It has been our experience that many small business owners finance their business start up, and even expansions, by utilizing their credit card(s). It is  easy to pile up debt and get behind in paying off the balance.  Also credit card interest rates can change with the owners credit score.  Keep in mind credit card companies can keep […]

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