Financially Simple

Getting on the path to simplifying your finances, depends on where you are.
Choose which one best describes you?

February 14, 2018
Drive up the Value of a Business

Can Streamlining A Business Hurt its Eventual Sell-Ability?

As a business owner, personal financial planning is key to getting to the next stage of life, whether that’s retirement or just a change in direction for your own personal gain. This is where you reach the point where you ask yourself, “Is my business WORTH the amount of money that I need to transition to the next phase?” Here’s the thing, when it comes to entrepreneurs, we’re audacious. We see the mountain and we start climbing. Failure just isn’t an option. We might stumble, but eventually, we will reach the peak or die trying. But when we are near leaving, this determination before we put our business up for sale can backfire on us. Cost-cutting measures to make our business look better on paper can ultimately hurt its sell-ability. How it is possible that streamlining a business could be bad?
February 13, 2018
Tax Tip Tuesday Financial Blog Post

What to Do if You Have Not Received Your Healthcare Forms for Your Taxes

The IRS extended the 2018 due date for certain employers and health coverage providers to furnish 2017 health coverage information forms to individuals.The March 2 date is a 30-day extension from the original due date of Jan. 31. Because of these extensions, individuals may not receive their Forms 1095-B or 1095-C by the time they are ready to file their 2017 individual income tax return. 
February 8, 2018
exit planning for small business

Exit Planning Mistakes by Small Business Owners

I was reading this report by the Exit Planning Institute, about a study on business owners and their readiness to retire. The result really surprised me! There were two statistics that I thought I needed to bring to your attention. These stats literally just blew my mind. I mean they are just seriously unbelievable!
February 7, 2018
what should be in a good business plan

A Financially Simple Guide to What Should Be in a Good Business Plan

For many, the process of creating a business plan seems daunting, but that doesn’t have to be the case. We’ve done the research for you. We’ve searched the statistics, journals, and reports within the Small Business Administration‘s website to give you the outline for what should be in a good business plan. Use this business plan as you create your company, restructure your company, or do a yearly review within your company to increase revenue and company cohesiveness.