The long-awaited Stimulus Bill known as The Coronavirus Aid, Relief, and Economic Security (CARES) Act has been signed by President Trump. This new law not only sends rebate checks to taxpayers but also rolls back several provisions of the Tax Cuts and Jobs Act. Below is a summary of the law that was signed into law March 27,[...]
Beliefs are things we accept are true or exist, especially without proof. There are a lot of things we hear about money and go ahead to believe them without even questioning. Most of the times such beliefs affect us and our businesses negatively without us realizing. What money beliefs do you have? To what extent[...]
The goal of every business person is to succeed and become as profitable as possible. You may have started your business a few years ago and may have failed to reach that place you wanted. Or maybe you are employed somewhere and your progress is coming along slower than you would wish. Could there be[...]
Every year, we celebrate President’s Day. Our country first started celebrating in 1887. It was a way to honor the life and work of George Washington, the founder of The United States of America. The word “President” means to “preside” or “govern”. What do you think being the president of your business means? In Charge[...]
Many people have the skills and talent to start good businesses, but they lack the accounting knowledge or passion to keep those businesses profitable. For instance, an enthusiastic lawn care company might create beautiful landscapes. Then they avoid things like tracking tax-deductible mileage to customers’ homes and so crucial financial savings are lost. Other common[...]
Do you find that your business is “staying afloat”? Is your business always covering its expenses but with little to no profit left over? You’re not alone. A US-based survey found that 30% of small businesses break even. Another 30% are running a loss. Perhaps your business is stuck in a rut. Or, perhaps you[...]