What do I mean by “The Tax Tail Wagging the Dog”? Think of your business as the dog and think of the tax implications of your business activity as the tail. When you as the business owner makes a business decision “solely” based upon what the tax implications of that decision may be, then you are guilty of letting the tax tail wag the dog. The implication is that the whole focus and reason for making your decision is based on the tax impact.
There is nothing more exciting than having an idea for a new business and working hard to turn that idea into a successful business. This process is called the “Entrepreneurs Journey.” As glamorous and exciting as that journey sounds, the pathway to starting and running a successful business can be riddled with potholes, landmines, detours …
Four Tips for Taking a Successful Entrepreneurs Journey Read More »
Many individuals who take the plunge and start their own business are surprised initially at what it takes to be an entrepreneur. Making the shift from being an employee to entrepreneur can be challenging. So to help you along your entrepreneurial journey we have identified three vital mindset shifts you must make in order to …
How To Shift Your Mindset From Employee To Entrepreneur Read More »
Congratulations! Your business has grown to a point where you no longer can manage the day-to-day operations by yourself and you need to add resources to your team in order to leverage the time, skills and talents of someone else to achieve growth in your business. Before hiring your first employee, there are four things …
Hiring Your First Employee: What You Need To Know Read More »
Starting your own business is exciting! Dannielle and I have started several businesses over the years and we know the excitement that comes with having a great idea and then turning that into reality. As bookkeeping and accounting experts, we have also had the privilege of helping countless entrepreneurs start up their own businesses as …
The Business Startup Blueprint is aCent101’s first online course offering, focused on providing a step-by-step roadmap on how to successfully start a business. We know you are busy so we created this course with your busy schedule in mind. Access it anywhere and learn on your schedule, your terms, all in one place.