10 Signs a Small Business is Struggling Financially

A great and candid self-assessment tool for any business owner. A must-read!

Cash flow problems (#1) can be rather quickly corrected with the intervention of a business advisor or CPA.

Poor bookkeeping (#5) can be alleviated in several ways, each dependent on the business owner's budget. Clean financial statements is good audit defense in a case of a tax audit and the foundation for producing business performance metrics and implementing improvement measures.

Trouble Paying Taxes (#2) is never a pleasant outcome and most likely a direct result of the poor management of cash flow (see #1). Ongoing tax planning is the key. Even an emergency meeting prior to the close of the fiscal or calendar year and taking action in the final few weeks of the year could erase thousands and thousands of dollars from the upcoming tax bill! Which in its turn, will improve the health of the business and solve many cash shortage problems almost immediately.

Please contact us for your business and tax planning overhaul.

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