Articles
Explore practical articles covering accounting, bookkeeping, tax planning, and business advisory topics to help small business owners make better financial and operational decisions.
⇓ Read more below ⇓
Articles Overview:
Most of this Website is self explanatory. There are sub-pages linked to parent pages in the main navigation menu, but the posts and post categories, under the Articles heading/link deserve some clarification and definition.
Category Drop-down Menus in Post Right Sidebars:
Screen shot showing Category drop-down menu on right-hand sidebars located on Articles/Posts.
⇑ Each post has a category drop-down menu in the right sidebar under the contact information block that shows all Article/Post Categories. ⇑
Article Categories:
Screen Shot – Articles heading/link and Categories.
Categories Explained:
Accounting & Bookkeeping is a general (foundation) category that discusses the distinctions between accounting and bookkeeping, why accuracy matters in accounting and some helpful tips/hints regarding bookkeeping. The posts here emphasize the importance of keeping accurate records to create an operating “baseline.” Baselines are crucial so that Small Business Owners or Managers can make informed decisions based on data that accurately reflects the operating model of their business.
Business Finance & Accounting Fundamentals discusses the importance of being able to discuss concepts, confidently with creditors, customers, and investors. Like it or not, these groups will form perceptions of you and your business based on your understanding (and fluency) of some basic concepts.
Business Value & Owner Equity focuses on building wealth and discusses some common misconceptions about taking money out of your business.
Profitability & Business Advisory is a broad category that demonstrates the importance of pricing your products and services, including – Why gross profit is probably the single most important metric in your business model through case studies, some strategies and tactics to fight inflation, and profitability measures relative to difficult clients and customers.
Budgeting, Forecasting & Cash Flow introduces a cash management plan for small businesses to try and constrain behavior that focuses businesses toward those activities and initiatives that satisfy goals and targets within an operating period.
Business Performance & Growth are in-depth articles that have enough detail, ideas, and specifics to help businesses formulate their own solutions.
Tax Resolution & IRS Representation concerns the intricacies and pitfalls about dealing with the IRS and the importance of choosing the right representation to ensure the best possible outcome for you, the client.
Tax Planning & Solutions is a general category with several topics including, tax planning, those activities or tax positions that may raise IRS red flags, the difference between stock and debt basis – what basis is and why it’s important, a newsletter that discusses different types of business entities, tax deductions and pricing, and EIN numbers – what they are and why they’re important.
