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Category Archives: Profitability Tips
How to Survive a Worker’s Comp Audit
If you have employees, you have the distinct honor once per year of being part of a worker’s compensation audit. You likely receive a form in the mail, an email request, or a phone call that will ask you about your … Continue reading
Tax Reform Doubles Down on S Corp Reasonable Compensation
The Tax Cuts and Jobs Act (TCJA) tax reform gives you a valuable 20 percent deduction on your pass-through business income if you have the right business and the right taxable income. The S corporation is a pass-through entity. That’s … Continue reading
Making Deadlines Can Save You Big Bucks in Your Business
There are a lot of deadlines that come with running a business. Missing some deadlines can have serious financial implications to the health of your business. Let’s take a look at how much you’ll save by being on time with … Continue reading
Three Super-Easy Ways to Boost Your Revenue for 2018
Every business has a gold mine in its current customer base. But not all business owners remember to mine this gold because they are too busy trying to attract new customers or developing new products or services. This is the … Continue reading
Spice Up Your Marketing with Storytelling
One of the ways to impact your marketing is by adding stories. Everyone loves a story, and stories are more memorable compared to almost any marketing copy. Here are a couple of tips on how to use and place stories … Continue reading
Is It Profitable to Blog?
Is It Profitable to Blog? One of the many online marketing options available for businesses is blogging. A blog can act as a company’s daily newspaper, letting customers and followers know the latest news about what’s happening. It can also be … Continue reading
The Power of Influencer Marketing
The Power of Influencer Marketing One of the hottest buzzwords in marketing this year is influencer marketing. Influencer marketing uses key people in thought leadership positions to spread the word about your brand. These people may be paid or unpaid … Continue reading
Do You Have Past Due Accounts?
Do You Have Past Due Accounts? If you perform a service or ship a product before you get paid, then you likely have a balance in your Accounts Receivable account. If customers pay when their invoice is due, all is … Continue reading
Eight Ways to Increase Your Profits
Eight Ways to Increase Your Profits Increasing your profits might sound like it’s an unattainable dream just out of your reach. But there are a finite number of ways that profits can be increased. Once you understand what they are, … Continue reading
The Death of the Annual Performance Review
The Death of the Annual Performance Review If you have employees, you probably also have a process to help them understand how they are doing on their job performance. There’s a new trend in large companies to kill the annual … Continue reading