Okay, so now they've hired someone, you've realized that they shouldn't be there. What an awful feeling. Unfortunately, you are the business owner. You need to make the decision to do what is right for the rest of your people…
Have you ever made a plain bad hire? Now, how did it happen? About higher can cost a company up to seven times that person's revenue for every day that they stay on board that they really shouldn't. A bad…
Today we had an amazing experience with an energy-saving company here in the Valley. They came out yesterday to do a survey of our overhead fluorescent fixtures. It took us all of about one hour from start to finish and…
COGS - do you know what this stands for? COGS stands for cost of goods sold. What this means to your business is really a question for you. Do you understand what it really costs to sell whatever your item…
So, did the title catch your attention? Our first deadly sin is the sin of sloppy accounting. I know, I know not nearly as exciting as the actual seven deadly sins but what you do, I'm a CPA! So, how…
There's a big issue out there these days. I've seen many companies that do not have or do not have an updated operating agreement. The big question is, do you even know what an operating agreement is? An operating agreement…
Here are some of my top 10 tips to help you become profitable in this new 2012 year. Identify your core clients. These are the clients that always pay you, always pay on time, you love working with. Anyone who's…
A very good friend of mine, and a local CPA, Robert Minniti is a specialist in accounting, fraud and forensic accounting, and is a certified fraud examiner and a certified forensic accountant. Basically meaning he is an absolute specialist in…
Did you know that for a small business there is a loss potential of approximately $387,000 from fraudulent disbursements of cash? What's even scarier, did you know this happens in 73% of all businesses? In order to protect yourself as…
It is no secret that the over-arching goal of planning is to improve your odds of success. I know you've heard it a thousand times but as we begin a brand new year, now is a great time to take…
As some of you may know, I am working towards what some people call early "extreme retirement." Now, please note, this does not mean in any way that I am intending on retiring anytime soon. What this does mean is…
This year's market has definitely been interesting to say the least. Homes have been bought, sold, flipped, and rented. Wholesalers and retailers and just about everything else under the sun has had to do with real estate has been at…
I always seem to get this question at the end of the year. How do I go about maxing out my retirement contributions? The best way to do this is to start at the beginning of the year. Depending on…
Apparently Wendy's is handing out free Frosties. No, unfortunately it's not to just anyone. You have to have one other special tags. The author over at Budgets Are Sexy received one of these tags when driving through Wendy's near the…
F48859794A All you need to do is find the one dollar bill with the above-mentioned serial number. Have you checked your wallet? Have you checked your safe deposit box? Have you checked your front hallway? It will be worth your…
