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Earnings Projections: Big Value to Small Business

December 6th, 2011 | Comments Off | Posted in Due Dates and Reminders, Tips & Advice

Lockhead Martin recently reported that they are projecting their year end earnings for 2011 to be up 25%. This adjustment to their annual earnings projections came after they had reviewed their third quarter reports. Whirpool, on the other hand, has announced that they will be closing one plant and laying off 5,000 workers in the next year, after reviewing their third quarter financial reports. These are large, publicly held corporations. Their announcements, positive or negative, have a big impact on their stock value. Read More »

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The Devilish and Dangerous Debit Card

November 15th, 2011 | Comments Off | Posted in Tips & Advice

What could possible be dangerous about a business owner’s debit card? It’s attached to the checking account, so he’s not as likely to accumulate debt on it like he could a credit card. It is much easier to carry around than a checkbook, and as already stated, won’t accumulate an unpaid balance like a credit card would. Where’s the danger? There are two actually. Let’s look at them. Read More »

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Startup Capital: How Much Do I Need?

November 2nd, 2011 | Comments Off | Posted in Tips & Advice

The necessary amount of capital required to start a business varies from one venture to the next as far as clean, net dollars are concerned. Each venture is unique unto itself and only you, the business owner and author of the business plan, may have the most accurate grasp of what you’ll need to get off and running. The amount you’ll need will hinge largely upon the scope of your business as you project it within its first year of life. Read More »

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Your Virtual CFO

October 12th, 2011 | Comments Off | Posted in Tips & Advice

Every business owner would like to have a trusted Chief Financial Officer as part of their staff to watch over their financial position. Someone who had the expertise and experience to oversee the accounting practices in the company, review the financial statements and provide them with sound counsel on financial decisions throughout the course of doing business. Someone who is intimately acquainted with the details of their business and their business goals. Read More »

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3 Business Decisions That Should Involve an Accountant

August 16th, 2011 | Comments Off | Posted in News

Business owners make decisions about their business every day, some big and some small. The majority of these decisions would not warrant consulting with their accountant over. However, there are certain decisions in which involving your accountant would be the most prudent thing to do. Here are three of them:
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