It is often easier to explain difficult financial concepts using videos over words alone. Join us as we try to make your world financially simple.

February 26, 2019
how to avoid capital gains tax on a business sale

Client Case Study: How We Avoided Capital Gains Tax on a Business Sale

Did you know that you could sell a business or a highly appreciated asset and not pay a dime in taxes? I know what you are thinking. Yes, it does sound too good to be true. However, this is not one of those cases. It is absolutely possible with a Charitable Remainder Trust. Though it is not for everyone, it can be a great method if you looking for ways to avoid capital gains tax on a business sale.
January 28, 2019
How to Manage a Sales Team

How to Manage a Sales Team Using the T.E.A.M. Approach

You didn’t get where you are as a business owner by yourself. You must allow your teams, like your salespeople, to do what they are good at doing in order to grow your business. But relying on your staff does not mean “set and forget.” You must know how to manage your sales team. When you’re trying to generate leads and make sales, I recommend that you manage them using a system like the T. E. A. M. approach as the starting point to creating your best-in-class sales force.
November 8, 2018
buying a second dental office

Should You Buy A Second Dental Practice? 4 Steps to Take Before You Do

You’re a dentist who owns and manages a successful practice. Your business is profitable, AND it provides you with a suitable and sustainable income. It’s thriving. But perhaps, you’re too busy. Your schedule is so full that you’re considering opening up another dental practice to handle your primary practice’s overflow. Or, you’ve developed an acumen for business over the years and want to invest in an additional dental practice. As you’re analyzing your options, there are certain steps you can take to determine whether or not you’re making a good decision. 
August 16, 2018
how to make a business budget for startups

Five Steps Required to Build a Strong Business Budget for Your Startup

When you set out to become a business owner, I highly doubt you ever thought you’d consider giving up; yet, every day small businesses fail. While I can’t prove this, my personal opinion about why so many fail has a lot to do with the lack of a certain “B” word I’ve talked about repeatedly here at Financially Simple—budget. Yes, you read that right. I believe one of the greatest failures new small business owners can make is failing to build a business budget.
August 9, 2018
picking between different retirement plans for small businesses

Retirement Plans for Small Businesses – Which Should You Offer?

As a small business owner, I understand the desire and importance of taking care of your employees. The task of providing for your family and your employees’ families can be daunting. You can do both! However, providing retirement plans for small businesses requires us business owners to be very cost-conscience. This attention to cost needs to be a driving force when looking at the different plans, but not the only consideration.
July 26, 2018
Turning Your Side Hustle Into Your Full-time Job

6 Goals Needed for Turning Your Side Hustle Into Your Full-time Job

You have been doing some work outside the office, and you really enjoy it. So much so that it has you are wondering if it can become more than just the source of a little extra spending money. But what is required to turn your side hustle into your full-time job? We will look at goals that could lead you to the career you’ve always dreamed.