Category Archives: Conserve Cash

Are You Saving for Your Retirement?

You didn’t get in to business to work 24/7 and then just walk away broke right?  Yes its expensive to be a sole proprietor but that doesn’t mean you should neglect saving for your retirement. The IRS offers a handful … read more

All About Tax Returns

All About Past Due Tax Returns Taxpayers neglect to file returns for countless reasons. If you’re one of them, here’s what you need to know. Believe it or not, there are individuals who don’t file tax returns even though they’re … read more

Do You Need to File Form 1099s?

There are a number of situations where you’ll have to create and/or file Form 1099s. Are you affected? If you’ve been sending Form 1099s for years, you’re probably already working on them or have completed them. If you receive them … read more

What You Need to Know About Estimated Taxes

It’s not just self-employed individuals who are required by the IRS to pay estimated taxes. There are numerous advantages to being self-employed. The top benefit that most full-time, must-report-to-the-office employees envy the most is your ability to establish your own … read more

Managing Cash Flow (part 2)

Last time we talked about using Accounts Payable or vendor payments to help manage your cash flow by negotiating discount terms, delaying payment, and using credit cards. Now let’s talk about Accounts Receivable. Accounts Receivable is invoicing your clients or … read more

Managing Cash Flow

There are several ways to manage and control both of these functions and find some hidden cash (or hang on to your cash longer).  You need to create a systematic way to manage these and if you have others involved, … read more

How to Create a Business Budget

If you use it, a well-planned budget can be a powerful business tool.  Used with a working business plan and QuickBooks software, a budget will help you make well informed choices for your business. Create Monthly and Yearly Projections A … read more