When it comes to running a business, growing is a balancing act between revenue, profit, and cash flow. In this Growth Levers series, I’ll be breaking down powerful levers that will boost your revenue, profit, and business value.
Gretchen Roberts acquired an accounting firm in 2023. “I was fortunate that the books were in very good order and the financials were clear and straightforward,” she says.
Do you need clean books to sustain your business? In this episode, we dive into the essential topic of why maintaining clean books and achieving financial clarity are non-negotiable for the survival and growth of any business.
With 82% of small business failure due to poor cash flow management (Business.com), it’s no wonder business owners lie awake at night wondering if they’re gonna make payroll.
When Congress established the April 15 tax deadline back in 1955, the tax code was exponentially smaller and less complex. Forms were simple and often just a page or two long. Today, a “simple” return can be 50+ pages with schedules and documentation.
Welp, the government has gone and done it again. In an effort to crack down on money laundering, financing terrorism, tax fraud, and other illegal acts via sketchy shell companies, Congress has enacted the Corporate Transparency Act.