When you started your business, one of the highest priority items on your to-do list was probably payroll. After all, you had employees to pay, and you knew you had to pay them. So, as long as you had the money, you were good to go! However, at that time, you may not have been…
We are getting closer to the end of the year, which means it will be time to see how much profit you have made this year. While I know you are hoping for a really large number, some of you will be shocked to see a small profit margin or no profit at all. How…
I know it is only the month of September, but the end of the year will be here before we know it! There are a few things you can do now to ensure you have the success you have been dreaming about all year long when the end of the year arrives. I do realize…
Every restaurant seems to have a month or two every year where they experience a slowdown. Customers stop arriving in droves, employees have a chance to breathe a little more than usual, and you may not have your usual high revenues. Thankfully, there are many things you can do to prepare for those summer months,…
How are you currently dealing with your small business finances? Do you simply let all of the paperwork pile up until you have no choice but to deal with it? Or are you the type of person who tackles bill-paying each and every day before shoving the paperwork into a box until the end of…
There are multiple items included within the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act. One of the items you will be most interested in is the Employee Retention Credit. The ERC is basically a refundable payroll tax credit for any of the qualified wages you paid out to all of your retained…
As a restaurant owner, you must understand that you are not the only choice your customers have. There are probably dozens of other restaurants near yours, so you must make sure you are giving your customers a reason to return to your restaurant. This may seem like a daunting task, but honestly, it is much…
When it comes to running a law firm, I know you want your revenue to increase tremendously every single quarter. However, I also know that you are always shocked at what is left once you pay all of your bills and hopefully give yourself that paycheck you deserve! I want to help you change that…
The stay-at-home orders required by nearly every state from March through May were necessary to gain traction against the coronavirus, but the businesses that were forced to suspend or significantly alter their operations found themselves suddenly unable to stay afloat. To provide support for businesses, Congress authorized the Paycheck Protection Program (PPP), which provided up…
When it comes to filing taxes for your franchise, it’s all about reducing your tax liability and maximizing your return. Tax professionals are skilled at interpreting tax codes and analyzing your business to determine your best strategy. Ready to make your 2020 filing efficient and successful? Here’s where to start. Know your business Business structure …