Blog

The Recipe for Disaster: Why Many Businesses Fail

The movie “Hunger Games” gives a great analogy to today’s fierce market competition.  Who will be the one to survive?  Competition is rampant and the business (Hunger Games competitor) with the greatest amount of skills, resources and ingenuity will be the only one to survive.    According to the...

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Destroying Your Debts with Profit First

Destroying Your Debts with Profit First

Debt!  It’s like cinder blocks chained to your ankles as you attempt to maneuver about your day.  Debt weighs you down. It prevents you from moving forward at the pace you desire.  We want debt eliminated from your business as much as you! The principal portion of your debt...

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Second Draw of PPP Loans

Your First Draw PPP Loan is almost gone? You may now apply for a Second Draw! Upon consulting with the U.S. Treasury Department. the Small Business Administration (SBA) started accepting new applications for the Second Draw PPP Loans on January 13, 2021. The SBA has allocated a total of...

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How Your Business Can be Successful (VIDEO)

Listen about how Profit First and the Pumpkin Plan’s strategies can help you elevate your business and take it to the next level. When I was in college, I decided to do a deep dive to see what the common denominator was for successful business owners – throughout history...

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The Basics of Profit First

If you like excelling financially, I hope you have heard of Profit First.  Small business owners like you are transforming their companies into consistent, profit-generating operations.  This concept, founded by small business finance expert Mike Michalowicz, is slowly growing in followers. Once you become familiar with its fundamentals, it’s...

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TAPs

How Do I Compute for Target Allocation Percentage (TAP)?

Want to know your Target Allocation Percentages? Try our Profit First calculator here! It’s always challenging to run your own business, and the current coronavirus outbreak doesn’t make it any easier. With several issues concerning supply and demand, many businesses are having problems with their cash flow. Some businesses...

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Feb 2020 individual due dates

FEBRUARY 2020 INDIVIDUAL DUE DATES

February 1 – Tax Appointment If you don’t already have an appointment scheduled with this office, you should call to make an appointment that is convenient for you.  February 10 – Report Tips to Employer If you are an employee who works for tips and received more than $20...

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Feb 2020 business due dates

FEBRUARY 2020 BUSINESS DUE DATES

February 10 – Non-Payroll Taxes File Form 945 to report income tax withheld for 2019 on all non-payroll items. This due date applies only if you deposited the tax for the year in full and on time. February 10 – Social Security, Medicare and Withheld Income Tax  File Form...

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