by Shannon Simmons | Feb 15, 2022 | Business Tips
We’re in business to have a business, which means making sure it’s profitable year over year. And even better is when your business grows over time–either slow and steady or more quickly. Like anything in life, you get back what you put into business. If you...
by Shannon Simmons | Jan 4, 2022 | Business Tips, Income
Every new year, do you go through the motions of creating a “new year, new you,” trying to overhaul your business and your life to make this year your “best year yet”? Start the right financial footing. Look no further than your social media feed and you’ll quickly...
by Eric Johnson | Dec 21, 2021 | Business Tips, Profit, Profit First, Taxes
Everyone likes being profitable, yet no one likes paying taxes. So, how can we reduce taxes without reducing net profit? Retirement Contributions Making contributions to your qualified retirement plan (SEP/SIMPLE IRA; Solo 401-K; etc) through your business can reduce...
by Shannon Simmons | Dec 14, 2021 | Business Tips, Income, Profit First, Sales
You’ve determined that it’s time to raise your prices. How do you communicate this to your clients and customers?First of all, don’t make it sound like you’re breaking bad news. Raising prices is a natural and recurring step in the life of a service-based business....
by Shannon Simmons | Dec 7, 2021 | Business Tips, Profit, Profit First
If you’re trying to increase your business profits (and who isn’t?), you might think the sure-fire way to do that is simply to raise your prices. If your customers pay more, you’ll make more. Right? Not necessarily. Well, if you’re using the Profit First method,...
by Eric Johnson | Nov 23, 2021 | Business Tips, Taxes
Tax season is around the corner. Getting everything together and filed can be really stressful, especially for business owners; but it doesn’t have to be. You simply need to know what you need and have it ready by the start of the filing season. Primarily, you’ll need...
