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The Latest Questions Small Businesses Are Asking

Up and Running

Many people who want to start a business believe they will be able to get grants or loans to help them finance the venture. Do I need to hire a Certified Public Accountant (CPA) for my small business? As a licensed professional, a CPA has to adhere to a code of professional ethics. If not, the business idea is not feasible.

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Maximizing Profits in the Healthcare Staffing Industry by Susanne Mariga

Mike Michalowicz

The truth is economies change, revenues change, and sometimes things just happen. Buglar encourages Healthcare Staffing agencies to focus not just on revenue, but also on the bottom line – PROFIT. Buglar encourages staffing agencies to evaluate if it is best to sign up for the long-term lease for offices and copiers.

CPA 76
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Founder Interview: Richard Lavina Innovating Accounting Services with Taxfyle

The Startup Magazine

Richard Lavina, CPA, Co-Founder and CEO of Taxfyle. Richard: I went to school for accounting and followed a path after graduation that those of us in that major typically follow: I started working for a CPA firm in Miami. 5000 list , which lists private American companies based on three-year revenue growth between 2016 and 2019.

CPA 136
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5 Tips For Startups To Avoid A Financial Disaster

YoungUpstarts

And of the total amount of failed startups, a majority reported finances as the major culprit of their collapse. Having emergency cash can cushion the blow and act as a safety net while also giving you peace of mind and a sense of security that you have money to pay rent, food, and other personal expenses. Pay Yourself.

Startup 140
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Business Valuation: Determining The Worth Of A Company

YoungUpstarts

Reasons for a business valuation run a gamut from selling the business due to retirement or health reasons to financing expansion efforts to adding shareholders to a buyout situation. Capitalization Factor – This can be defined as a multiplier used for converting projected future earnings and revenue into present day value.

Valuation 162
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Six Questions To Ask Now (Before Tax Day Creeps Any Closer)

YoungUpstarts

These write-offs apply even if you financed the purchases in whole or in part. You may have a net operating loss that you can carry back to offset income in certain prior years. What will your CPA advise you to do? Are you going to add money to your retirement plan? Were you profitable in 2016? The credit can offset income tax.

CPA 113
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5 Critical Things Entrepreneurs Need to Know about Managing Their Company's Finances.

Small Business Force

In early stage companies (and even some later stage or mature ones), there is no one area where most entrepreneurs and small business owners are lacking in just basic fundamentals, than in dealing with their company's finances and financial management. Follow the "gospel of cash flow" and it starts with revenue generation.

Finance 37