Worth their weight in gold!

Image courtesy of digitalart from freedigitalphotos.ne

Image courtesy of digitalart from freedigitalphotos.ne

A CPA can be a very important member of your investing team who can guide you through the labyrinth of taxes.  They are worth their weight in gold to you and your business.  A true CPA professional can ease your stress and save you lots of money you may have given Uncle Sam because you didn’t know any better.  Here are some tips when working with a CPA to make the most of your time and money.

Form a good relationship.  Once you find a good CPA, stick with them.  They become familiar with your business and they will ask important questions to lead you to a lower tax bill.  Of course, telling the truth is very important because it may make your CPA terminate your relationship and will hurt you if you are dishonest.

Lower your annual bill by being organized.  If you hand over a shoe box fill of receipts instead of a categorized report of expenses, your bill will most certainly be much higher.

Use your CPA in making decisions.  Be sure to consult your trusted CPA regarding purchases and don’t make assumptions.  Those assumptions could be very costly.

We are proud tonight to have our trusted accountant and friend Kim Landry, CPA with us tonight for our FREE webinar to go over the topic of taxes.  Don’t miss it!

 

Please comment on what you learned from the webinar.

 

 

6 Sensational Businesses to Start (even in a recession)

Image courtesy of  Tina Phillips from www.freedigitalphotos.net

Image courtesy of Tina Phillips from www.freedigitalphotos.net

Candy When times are bad we all need something to sweeten our day.  Candy can be affordable and is commonly bought impulsively.  That is why you see it at every checkout counter around!

Veterinary services – Most pet owners have very strong connections with their animals.  They will always make sure they have the care they need.

Thrift stores – No matter how much people are spending they always like to shop and spend less.

Death care services – Unfortunately it happens to all of us and we need it no matter what the economy is.

Cosmetics – Put on a little color and it can brighten your world.  Makeup helps people feel good about themselves.

Home health care services – With the hospital stays getting shorter but costing more, home health care services will continue to grow with the need.

Can you share other businesses ideas that could thrive under any economic condition?  Please share.

CNBC can be part of your success

“Life Process Sticky Paper On Glass With Drops Water Background” by 2nix from freedigitalphotos.net

“Life Process Sticky Paper On Glass With Drops Water Background” by 2nix from freedigitalphotos.net

Need some fresh ideas for a new business or your existing business?  Invest some time in watching CNBC!  They have some fantastic shows to spark ideas to take your business to the next level.  Shark Tank has some wonderful ideas and a lot of education on business.  There are at least five investors on a panel that hear about businesses and products.  The business owners come on the show to ask investors to invest in their business.  It is very entertaining and educational with a very likable cast of investors.

Another great show is The Profit.  Marcus Lemonis is a very successful entrepreneur who invests in struggling businesses to make them VERY profitable.  He discusses his theory of the three P’s of business, People, Process and Product.  Again, this very educational show can provide ideas for new business owners or fresh ideas to reignite established businesses.

What new business idea have you tried that was successful?  Please comment.