Wednesday, November 16, 2011

DETERMINING THE RIGHT CASH BALANCE



Today I continue sharing my toughts about business cash flow management. As I mentioned on my previous posting, the information being shared here can also be applied to your family cash management.

One of my main complaints with bookkeepers, accountants and other professionals in the accounting and financial profession is their obsession with net income when advising their small business

Monday, November 14, 2011

How To Handle Habitual Socializers




Yesterday during a conversation with a friend, one of the topics that came up is the amount of jobs the United States has lost to off-shoring. Which brought up the obvious question, why? and what can we do differently.? My friend being in the corporate sales training arena, highlighted that the main reason is the lack of productivity.



So this conversation has made me think, what are the

Thursday, November 10, 2011

Cash Flow The Lifeblood of Any Business



Today I will address a subject geared to the survival of every business. One of the areas that every business must constantly maintain a tight grip on, after income taxes, is cash flow. Even though the article was written with business owners in mind, many of the tips and warnings here apply to the business of running a family.

Cash flow is the lifeblood of any business; If you don’t have it,

Wednesday, November 9, 2011

Using Tax Credits To Lower Your Tax Bill

We are now in the last quarter of 2011. Now is the time to make all of the necessary adjustments to achieve your tax and financial results. One of the areas that should be considered in your tax plan is the use of tax credits to lower your tax bill.

What are tax credits?
Tax credits are not deductible from income; they directly reduce tax. As a result,
they are a great way to reduce taxes on a