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Tag: Better Business

THE ‘THORNY’ ISSUE OF PAYROLL WITH SMALL BUSINESSES!

May 9, 2019
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PAYROLL, A ‘thorn’ in the flesh for a Small Business Owner…..that Elite Expert Can Remove! I’m probably going to quote this until the cows come home and for me it never gets old; “While good business ideas are plentiful, many entrepreneurs struggle to understand payroll taxes, health care and other thorny issues… In other words, they don’t have the financial literacy to scale their businesses and attract investors.”    THIS QUOTE WAS TAKEN DIRECTLY FROM Shark Tank Entrepreneur, Daymond John…

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TIME & MONEY……RELATIONSHIP….PART 3: THEY BOTH COST…..

April 17, 2019
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| Categories: Money Matters

TIME & MONEY: They both cost! What is your time worth? How valuable is it to be in your presence.  People love to use the term ‘help’.  Will you ‘help’ me start a business?  I need ‘help’ paying rent.  No one will ‘help’ get a fresh start.  I could be soooo much further if I had ‘help’.  I’ve lived long enough to know and understand for myself that EVERYTHING COST and rightly so! Anything obtained free isn’t valued and…

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TIME AND MONEY, DON’T THROW THEM AWAY!

April 16, 2019
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TIME & MONEY, their relationship continues….DON’T THROW THEM AWAY! It can be exhausting to hear people discuss money.  The lying is epic! No one wants to admit that they are bad with money! No one wants to say, I had it but mismanaged it.  Instead they justify, lie, make excuses and pretend that EVERYTHING that they did HAD TO BE DONE!  Anytime, someone says that, it is a defensive mood of justification. Very little has to be done in…

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The devil is in the Details

March 28, 2019
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| Categories: Money Matters

I absolutely hate talking about the ‘enemy’, however this phrase is cliché and truth! While the big picture is always or usually where most people focus, set the goals and aim their dreams. The smaller details are overlooked and under-valued, however it is in the details where things fall apart, where hopes are destroyed, dreams deferred, businesses loss and entrepreneurs become employees again. I’m not a fan of the seminars that hype people up, about the potential of what…

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TIME IS MONEY!

March 15, 2019
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TIME IS $ We repeat that statement as a cliché but it is far from that! Time is MONEY! 90% of business owners that do not file their business taxes on time are those who lack bookkeeping services.  Most people think or underestimate the importance of bookkeeping and assume it’s filing of receipts, something that they can do themselves, which is NOT TRUE!  Every year unfortunately to save a minimum amount of money will lose thousands of dollars through:…

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CONSULTING IS DESIGNED TO MEET YOUR NEEDS ENTREPRENEUR

February 12, 2019
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Elite Expert Business Solutions offers solutions to the dilemma’s, challenges and business problems.  Those services are provided through bookkeeping, payroll services, human resource services and consulting. There have been several potential clients that while they understand bookkeeping, payroll and maybe human resource services, find it difficult to accept or add the consulting to their package. It can be better explained in this manner: “While good business ideas are plentiful, many entrepreneurs struggle to understand payroll taxes, health care and…

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SYSTEMS MATTER: YOUR LACK OF SYSTEMS IS KILLING YOUR CASH FLOW

January 25, 2019
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SYSTEMS! SYSTEMS! SYSTEMS! I cannot emphasize the importance of systems in a business! As an entrepreneur starting your own company, thinking about systems really isn’t the first thing on your mind but it should be!  Bookkeeping is systematic method for the recording of finances received and finances disbursed! It is also fundamental in creating systems for the entrepreneur, systems for billing, systems for receiving, setting cycles for payments.  A business that operates without systems is a business in chaos…

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YOU CAN’T DO BUSINESS WITHOUT BOOKKEEPING

January 7, 2019
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Better Books=Better Business I say this all the time, however, when I say it, I’m convinced that it may mean something to me, but maybe not to the business owners, I hope to reach. You can have a thriving business, but without good financial records it will not matter.  I’ve had tax clients that made literally over ½ million dollars in one year and have no business as at all the next year. It’s hard to imagine right? When…

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YOU DOWN WITH OPM?

December 7, 2018
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YOU DOWN WITH OPM? Other People’s Money! From seminars to strategy sessions, the buzz is that you want to make money, using other people’s money.  That’s so true!  It’s a wonderful sound bite!  However, when these seminars come to town, they show you their mansions, their great vacations, summer homes and expensive cars and rock star lifestyle.  That’s great! They will charge you money to get into the session and they tell you general things for over an hour,…

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HANDLE YOUR BUSINESS PROFESSIONALLY

November 13, 2018
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| Categories: Money Matters

It’s not just what kind of business you do; it’s how you handle it! There are a lot of hard-working people out here in America.  Some have multiple jobs or hustles, others working just one job and many are the entrepreneurs I meet daily and I’m encouraged by them all.  However, it’s not just about making an honest living but it’s also how you document that living and how you handle your business that counts as well. Managing a…

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