3 Business Management Tips That Will Reduce Your Stress

GET IN TOUCH GET IN TOUCH Are you feeling overwhelmed by the pressures of managing your business?  You’re not alone. Business management is not easy, regardless of whether you’re an experienced owner or a new entrepreneur. In fact, in some ways, managing a small business can be just as challenging as running a Fortune 500…

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Is Your Company Ready for Due Diligence?

GET IN TOUCH GET IN TOUCH Due diligence is a critical step in the investment/acquisition process. It is the process by which the investor gets to know the business they are investing in. So in this post, I go through what you need to do to get your company ready for due diligence. It may…

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5 Ways a Profitable Business Can Run Out of Cash

As I discuss in a different post, income (or profit) is not the same as cash flow. In this post, I talk about how profitable businesses can run out of cash even when doing the right things. That a profitable business can run out of cash is counterintuitive. It is also critically important for a…

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A Huge Tax Loophole for Cryptocurrency Traders

Buying and selling cryptocurrencies such as Bitcoin, Dogecoin and Ethereum is not for the faint-hearted.  They are volatile, there is no justification for their valuation, and regulations have been slow to keep up. This creates a risky environment but also a huge tax loophole for cryptocurrency traders that is worth investigating. The currencies fluctuate wildly in…

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The Dangers of Intermingling Company and Personal Funds

When you own your own business or run a small business, it is easy to intermingle funds. Intermingling happens when you don’t separate your business and personal accounts or when you do not keep proper records documenting transactions between personal and business accounts.  The simple act of using your personal checking account to receive business…

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