During this past month, I’ve had conversations with a business owner considering an S Corporation election, two partners trying to understand how to pay themselves properly, an entrepreneur evaluating a franchise purchase, and alandscaping company scaling toward $2.5M in revenue.
Deciding to exit your business is one of the most important financial and emotional decisions an owner will ever make.
Learn the most common signs of financial fraud in small businesses. Discover forensic accounting tips to detect and prevent internal fraud before it harms your company.
One of the biggest tax opportunities for S Corp owners is also one of the most misunderstood: how you pay yourself.
Getting a notice from the IRS of your state Department of Revenue can be downright scary. Your mind jumps to worst case scenarios, and suddenly you’re wondering what you missed or what went wrong.
One client described their books perfectly: “It feels like everything just gets thrown in there.”
Falling behind with the IRS can feel overwhelming, especially when notices keep arriving and the balance seems to grow every time you look at it.
At Red Bike Advisors, our work doesn’t stop once onboarding is complete — that’s just the beginning. From there, we move into the ongoing rhythm that keeps your financial operations running smoothly, year-round.
“I use my business and personal credit cards interchangeably, whichever one I grab first. My accountant will sort it out later.”
If you’ve ever been on a video call with me, you’ve probably noticed the sign on my wall: Do What You Love, Love What You Do.
Businesses don’t go under because they’re unprofitable on paper. They go under because they run out of cash.
Most business owners believe growth means finding more clients. But often, the fastest growth comes from the clients you already have.
Hiring a bookkeeper feels like checking a box. You need the numbers done, the bills paid, and the books closed. Easy, right?
Most business owners think their Profit & Loss report is giving them the full picture, but in reality, most P&Ls are set up for one of two purposes:
Most business owners start their companies to gain freedom: financial independence, control over their time, and the chance to build something bigger than themselves.