November 6, 2018
Tax Tip Tuesday Financial Blog Post

QBI Tax Deduction Offers New Savings for Small Business Owners

If your small business operates as a sole proprietor or through partnerships, S corporations, trusts, and estates, the new Qualified Business Income (QBI) deduction could mean you can now deduct up to 20% of specific types of business income. Thanks to the Tax Cuts and Jobs Act, the QBI deduction may also be claimed on certain dividends. Eligible business owners, those whose 2018 taxable incomes fall below $315,000 for joint returns and $157,500 for other taxpayers, need to know a few things in order to use this deduction.
November 2, 2018
Online Marketing 101 Attracting People to Your Small Business Digitally

Attract People to Your Small Business Digitally: Online Marketing 101 – Article #21

Consumers are searching for solutions to their problems. Twenty years ago or so, they’d research products or services at brick-and-mortar retail stores. Or, they’d search for business contact information in a phone book. Now, with the Internet and its 24-7 availability, consumers are going online first to find information about products and services they need. Therefore, having a good website that clearly communicates who you are, what you can do for consumers, and how customers can reach you is vital for developing brand equity. Yet, simply building and having a website isn’t enough. Just because you put a website online doesn’t mean you’ll be found. You have to use online marketing to bring people to your business. 
October 29, 2018
Tax Tip Tuesday Financial Blog Post

Tax Cuts and Jobs Act Changes Small Business Owners Must Know

The Tax Cuts and Jobs Act passes last December brought about many changes for small business owners. One of those changes affects fringe benefits, which in turn can affect your bottom line as well as your employees’ deductions. 
October 29, 2018
Tax Planning Strategies for Startups

Tax Planning Strategies for Startups… Make the Tax Code Work for You – Article #20

Selling products or services brings revenue into your new business. It’s your bread and butter if you will. Without income, your company can’t pay its expenses, and you can’t pay yourself. However, the more money you make, the more money you will owe to the government. So how do you hang on to your hard-earned dollars? How do you lessen your tax burden? Or, at the very least, how do you prepare for it? Well, there are a few tax planning strategies for startups that you could consider. To protect the money you make in your business, I’ll give you five strategies I encourage my clients to use. But I challenge you to work with your tax professional to know if these are right for you… you never know, he might help come up with a few more.  
October 27, 2018
thoughts on buying a dentist office

So You Want to Buy a Dental Office? Learn How to Start the Process

There comes a time in the career of a young dentist when it’s time to get your own practice. It’s an exciting time, but it’s also a terrifying one. Eight years of college have made you an expert in caring for teeth, but they haven’t made you an expert in property negotiations, tax accounting, human resources, marketing, inventory control, and all the other indispensable skills of business management.
October 26, 2018
Get and Close Sales in a Startup Business

How to Get and Close Sales in a Startup Business – Article #19

Most likely, you began your business to meet a need in your marketplace. If you didn’t think people wanted or needed your product or service, then you wouldn’t have opened your business. However, how can you meet consumer needs if no one knows your business exists? You can’t just open a storefront and expect buyers to flock through your doors. No, you have to “sell” your products and services. They don’t talk, walk, or sell themselves. You and your team members have to convince customers they need what you’re offering. You’ve got to market and advertise to get customers into your sales funnel. Then, you’ve got to train your team to successfully close the sale. Ultimately, you must sell your company and its products or services to get and close sales in a startup business.