As a business owner, chances are that you focus on your day-to-day operations and potential growth and aren’t necessarily focused on the future sale of your business. However, while you may have no intention of leaving your established business anytime soon, exit planning for business owners is a strategy that should not be delayed until […]
When it comes to financial planning, most business owners tend to concentrate on the here and now, and for good reason. Operating a small business demands paying attention to many details, ranging from customer service to marketing. Consequently, long-term financial planning often becomes secondary to immediate needs and concerns. However, having a business financial advisor […]
Small businesses can benefit greatly when it comes to having CFO services. A Chief Financial Officer (CFO) can provide guidance and strategies for all aspects of a company, from annual tax preparation to the best paths forward for future financial growth. Unfortunately, most small businesses don’t have the income to hire a personal CFO in-house. […]
It’s common knowledge that the earlier you start saving for retirement, the more financially secure you’ll be. But what can you expect regarding taxes? Many new retirees are surprised to discover that annual taxes still apply when it comes to retirement savings and accounts. It can take a big chunk out of the hard-earned income […]
As a business owner, you are usually occupied with the current needs of your company. However, a time will come when you’ll consider selling or transferring your business to embrace a well-earned retirement. But the importance of exit planning strategies well before you ever intend to sell cannot be understated. Exit strategies for business owners […]
In a dynamic world of entrepreneurship, efficient and strategic small business accounting is essential. As a small business owner, you likely don’t have the bandwidth or the resources to keep a detailed eye on your company’s accounting on a routine and daily basis. When it comes to financial management, many owners rely on occasional accounting […]
Most small businesses and new companies do not consider adding an experienced CFO to their initial startup plan. That is because they believe that a business financial advisor or a CFO consultant is too costly and not required in the early stages of a company’s growth. However, the expertise from turning to an exceptional CFO consulting […]
There is a wealth of options when it comes to tax planning strategies for college students, which can start years before a child starts filling out their college applications. Tax planning and preparation can go a long way to lighten the financial burden of a college education. We will also explore different options, like tax-free […]
From identifying smart tax strategies that will put money back into your pocket, to mapping out long-term plans for future growth, smart financial planning for business owners is directly correlated to a company’s success. Small business owners are adept at finding solutions and covering multiple roles at once – acting as the CEO, marketing director, […]
Small businesses require unique tax planning strategies, especially if they want to grow. Taxes can be a hardship for small business owners across all industries. However, a top-notch small business accounting services provider can help with every aspect of tax preparation services. We will explore some steps to consider before you consult a small business […]