When your pricing is right, your business is better positioned to function at its absolute best. You and your team aren’t having to work as hard to be profitable and the business is better able to afford the things it needs to operate effectively. In this blog, I will discuss an additional area that many business owners forget to consider when pricing their goods and services. Over the past few […]
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Years ago, I worked with a client who left thousands of dollars of deductions on the table. He did this several years in a row and even had a good tax professional. With that being said, this client failed (unintentionally) to mention to their tax professional that they had multiple thousands of dollars in deductions. How could this happen? Don’t we all want to minimize (legally) how much we pay […]
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I often say that profitability is intentional. I love the end of the year because regardless of whether I met this year’s goals or not, I get to plan and dream of what could be in the upcoming year and put the plans and actions into motion to make those dreams happen. This is the final installation in my series on Preparing for a Profitable 2022. This blog will list […]
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To run any business well, its leaders need information. Leaders need awareness not only of what is going on outside the business but inside as well. To help with this, I recommend small businesses have certain tools in their tool kits. While I won’t go into detail about these tools in this blog (you may go HERE to read more on that topic) I will name them; the Balance Sheet, Income Statement, […]
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It’s that time of year where we begin to look back at our progress and make those final plans to reach next year’s goals. Perhaps you have already met your goal for the year (go you!!!) and you are working towards that stretch goal for December 31st. Even still, you might be wondering whether you can afford to hire that additional support next year, pay yourself a little more (or […]
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