Starting your business was your dream, your baby so I completely understand guarding it with your life. When you begin making money it is easy, natural and understandable to keep that money for yourself. Afterall, the goal was for a better life for your family, right? RIGHT! The problem is that no man is an island. You cannot and will not make it to the next level of your business operating alone. There is a maximum that any one…
Operating without a budget is just a bad idea period. It is year-end, the 4th quarter and while your business is just trying to stay afloat or figure out holiday celebrations; it really should be preparing for the next year! Successful corporations can take time off at year-end, relax only when their business is completed! Without a budget in place for 2020, there isn’t time for you to become relaxed at all! Most companies, most small businesses never operate…
TAX TALES! IF I had $1 for every tax tale, scheme or piece of misinformation encountered, I could retire from this business and enjoy myself. People lie in general and we will never understand or know why, however, when it comes to the lies encountered and spread during, before and after a tax season, they grow exponentially. You cannot use a 1099 or W-2 from a previous year in the next tax year IF a person tells you that…
SMALL BUSINESSES & PAYROLL…..PT 2 Why, NOT paying Yourself, Business Owner is a Problem! Payroll can be a problem. Most payroll companies are equipped to serve larger companies. However, everyone needs payroll. Some small companies opt to pay people without tax deductions; that’s a tricky and could be costly fix for the company as well as the employee; not to mention potential legal issues that this type of practice can cause for the company. Additionally, as the owner of…
I often find myself in talks with people about business, entrepreneurs and the success of business people. Most people tend to think that entrepreneurs have shortcuts, secrets to their success. They rush off to seminars trying to figure out the secrets and of course looking for the shortcut! I’ve said it before, but it bears repeating, “the thing about shortcuts is that one is never enough” ~ Kimberly Davis Shortcuts taken anywhere eliminates the knowledge that only process can…
ASKING FOR MONEY?! I write and discuss money quite a bit and for a southern girl, that’s not the cutest thing or part of our southern charm so to speak. However, it is very necessary! First and foremost, money is MY BUSINESS! As the Queen “B” of doing Business Better, LLC, money is what I do! It’s the way I assist my clients in having better business by having good books! So discussing money has become second nature. Secondly,…
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…
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:…
IT’S A MATTER OF YOUR VIEW BOOKKEEPERS SERVE PURPOSE Entrepreneurs never enjoy a person telling them what to do or how to do it; it’s the reason that they went into business for his or herself. One of the first lessons most entrepreneurs adopt from the companies that they work for is regulating overhead. Rather than immediately hire people, the entrepreneur plays all parts in the beginning and rightly so, however, how long is the beginning? What’s the plan…
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…
Tel : 214-930-5986
E-mail : info@queenbofdoingbusinessbetter.com
Professional Organization of Women of Excellence Recognized…
Starting your business was your dream, your…
TAX TIME/TIPS/THINGS YOU SHOULD KNOW! FIRST DAY…