For many businesses, summer is a slow time. Customers and clients may be on vacation, and you may have time on your hands. Don’t waste this time. As Miles Davis said: “Time isn’t the main thing, it’s the only thing.” Here are 10 things—in no particular order—that you can do now to save you money, improve operations, and position you for growth in the future. 1. Take stock of your business. With half the year over, look at your numbers year-to-date. Have you been as profitable as you anticipated? What problems did you have and how did you solve them? […]
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Can you believe that half of 2023 is over? The first half of the year has been a rocky one economically speaking. There were several interest rate hikes from the Federal Reserve, inflation moderated somewhat, and the debt ceiling crisis was averted. But according to the NFIB Survey for May 2023, optimism among small business owners continues to be well below the historic average. There are still supply chain disruptions and labor shortages. Where does your business stand? In order to do any tax planning, you need to assess your business performance for the first half of the year. Tax […]
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