In a world where financial health is as crucial as personal well-being, managing and reducing debt is paramount for small-to-medium sized businesses aiming for longevity and success. Let’s dive into some practical debt reduction strategies that can steer your business toward a more prosperous financial future. Understand Your Debt Landscape The first step to conquering… Continue reading Debt Reduction Tips for a Healthier Financial Life
Tag: Business
Hack Your Profits: Technology for Small Business Success
Time. Often even more than money, entrepreneurs want more time. So, let’s find you some more time with technology designed just for that purpose. Below are a few ways you can use technology to hack your profits, your time, and your success. Here are our favorite digital hacks for small business owners: The To-Do List… Continue reading Hack Your Profits: Technology for Small Business Success
Can I Claim My Airbnb Rental as a Hotel?
by William E. Rogers MBA, CFP, EA Vacation rentals are nothing new. For centuries travelers have opted to stay in private residences over hotels for a variety of reasons. It’s quite common here in Southern California with the lure of our local beaches and mountains for property owners to rent out their properties on a… Continue reading Can I Claim My Airbnb Rental as a Hotel?
A BORDER #$@&% TAX!
By William E. Rogers MBA, CFP, EA Over the past few weeks, I’ve had numerous clients ask me about how they might be impacted by the border adjustment tax. In fact, so many have expressed concern that they’re already seeking advice on how to avoid being impacted, even though nothing has been enacted into law.… Continue reading A BORDER #$@&% TAX!
A COMMON SENSE APPROACH TO TAX REFORM
By William E. Rogers, MBA, CFP, EA In the remaining weeks of this election, we are going to hear a lot of back and forth debate over who has a better tax plan. For years, there have been promises by both Republican and Democratic lawmakers to reform our tax code. I’m not sure if many… Continue reading A COMMON SENSE APPROACH TO TAX REFORM
BUSINESS OWNERS, HELP YOUR ESTATE BY GIFTING COMPANY STOCK
Everyone needs a solid estate plan to distribute assets according to their wishes and benefit their heirs. But this necessity is especially keen for business owners, many of whom have spent years working hard to build up the values of their companies. If you can relate to this statement, one effective way to reduce… Continue reading BUSINESS OWNERS, HELP YOUR ESTATE BY GIFTING COMPANY STOCK
HOW TO PROFIT IN TURBULENT TIMES
By William E. Rogers, MBA, CFP, EA If you’ve been following the headlines lately, there’s a growing uneasiness being felt among many. I have certainly encountered some of this in a few recent client meetings. This general sense of fear stems from a whole host of issues: fear of another terrorist attack, the election, and… Continue reading HOW TO PROFIT IN TURBULENT TIMES
THE STRATEGIC THREAT OF OUR LIFETIME: PEOPLE VS. ROBOTS
Written by William E. Rogers MBA, CFP, EA As the election season heats up, you are probably going to hear a lot of discussion about trade policy. Although there is no question that millions of American workers have been displaced by globalization; I personally feel that this is the wrong issue to focus on. Why,… Continue reading THE STRATEGIC THREAT OF OUR LIFETIME: PEOPLE VS. ROBOTS
4 PILLARS OF ROBUST BUSINESS GROWTH
Many businesses start life small and simple. But with growth comes the need for a stronger company infrastructure and increased operational sophistication. As you pursue a more robust business, focus on these four pillars: 1. Organizational management Implement a formalized system for measuring performance that begins with written job descriptions and training. Issue a clearly… Continue reading 4 PILLARS OF ROBUST BUSINESS GROWTH
INNOVATE OR ACQUIRE? THAT’S THE STRATEGIC QUESTION
Many companies reach a point in their development where they have to make an important decision: Innovate themselves or acquire a competitor? Of course, it isn’t always an either/or decision. Nonetheless, business owners should consider the pluses and minuses of both approaches. Innovating to grow Innovation is a broad term that encompasses many strategies… Continue reading INNOVATE OR ACQUIRE? THAT’S THE STRATEGIC QUESTION