Has your business growth plateaued?

Do you feel that you have plateaued in your business? Can’t seem to reach that next level of growth? I know that feeling all too well, guys! I learned that solid growth in business does not happen by accident.  It takes honest analysis, planning, and execution.  We are indeed big dreamers; otherwise we would never have ventured into small business ownership, but solid growth takes planning, too. Realistic goal-setting allows an owner to judge performance over time and make changes when necessary to achieve intended goals. Although a small business might have experienced a phenomenal growth curve in the past with excellent execution, it cannot automatically be assumed that the… Read More

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7 Mistakes Business Owners Make

Over the years I have identified common mistakes that business owners make. Since the March 15th deadline for Partnerships and Corporations is looming; I feel this is the most appropriate time to examine common mistakes, and provide helpful tips to avoid these mistakes. But most importantly you can use these tips moving forward in 2017. Let’s examine: Misclassification of Loans Made to Business- Owners borrow and make personals loans to their business. But often, these transactions aren’t properly recorded as loans and could be classified as revenue that will be taxed. Tip: Identify these transactions and advise your accountant or tax professional of non-revenue deposits made to your business. Maintaining… Read More

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