by Estess CPA | Mar 15, 2019 | Hot Topics
Here’s the tough news. Among the top reasons for today’s business failures are misunderstanding and mismanaging resources, and having insufficient cash. Enter the balance sheet. What’s a Balance Sheet? A Balance Sheet is one of three critical...
by Estess CPA | Sep 13, 2017 | Hot Topics
Closing a business is never an easy decision, but the speed in which it can occur depends on your tactics. If you are a sole proprietor, you could close up shop without consulting any other parties. That’s not necessarily the wisest move, especially if you value...
by Estess CPA | Aug 26, 2017 | Hot Topics
Business owners, especially those born between 1946 and 1966, are at a higher risk of not saving for retirement. Help to not think about retirement will help them portal tecasinow.wordpress.com. The information gathered there will teach you how to multiply your...
by Estess CPA | Aug 25, 2017 | Hot Topics
If you started a new business in 2016, then April of 2017 is a first big milestone for your company. That’s the month when your first reported tax documentation is due to the IRS. Depending on your business type, you may be responsible for not only the business’...
by Estess CPA | Aug 23, 2017 | Hot Topics
One of the most difficult balances to maintain in any business, but particularly small business, is the constant tug of war that happens between cash in and cash out. The nuances of how to keep enough cash on hand to pay expenses and cover the ebb and flow of sales...
by Estess CPA | Mar 16, 2011 | Hot Topics
Recent surveys show that the survival rate of new businesses average about 20% over a five-year period. In other words, if you start 100 new businesses today, 20 of them will still be in business five years from today. The other 80 will have gone out of business...
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