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business finance tips

Six Questions Every Family Business Should Answer

June 29, 2022 by dmcjoe

restaurant owner

Tax and business planning are important for the success of any organization, but especially for the family-owned enterprise. Here are some important questions that owners of family businesses need to address.

Filed Under: Blog Tagged With: Accountants in New Jersey, Accounting Finance Consultant, Accounting for Small Business NJ, accounting help, accounting services, Business Accounting Services, business accounting systems, business advice, business finance tips, Business Tax Advisors and Consulting Services, business tips, financial advice for business, financial business tips, Small Business Accounting Firms, small business financial advice, Top Accounting Firms in NJ

Cash or Accrual? What’s the Difference?

September 29, 2021 by Melissa Mandel

When you start a business, you have many decisions to make. One of those is the method of accounting your business will use for reporting income and expenses on your tax return. It is an extremely important decision. With few exceptions, the method you choose can only be changed in the future with the IRS’s […]

Filed Under: Blog Tagged With: Accountants in New Jersey, Accounting Finance Consultant, Accounting for Small Business NJ, accounting services, business accounting systems, business advice, business finance tips, business planning, Cash or accrual? What's the difference?

Investigate Before Buying A Business

July 28, 2021 by dmcjoe

business partnership handshake

Investigate Before Buying A Business. Here’s some financial tips to consider.

Filed Under: Blog Tagged With: business advice, business finance tips, business planning, Business Tax Advisors and Consulting Services, Buying a Business, financial advisor, financial plan, financial planning, financial tips

How to Build Profits with A Business Website

January 27, 2021 by L. Scott Elwell

The primary purposes of business websites are to attract customers and motivate them to take action. The action might be initiating contact, ordering something, bookmarking the site for future reference, or referring others to the business. If a site simply entertains without motivating, it’s not doing its job. To build a site that will work […]

Filed Under: Blog Tagged With: Accounting Services for Small Business, business accounting systems, business finance tips, business help, business planning, business tips, How to Build Profits with A Business Website, increase business profits

Don’t Neglect Your Succession Planning

December 23, 2020 by L. Scott Elwell

Business Accounting Systems

Succession planning can be one of the most difficult issues faced by a family-owned business. As a business owner nearing retirement, how do you transfer leadership (and perhaps ownership) and keep the business running smoothly? Unfortunately, many businesses don’t survive the transition to the next generation. As with most business problems, good planning is the […]

Filed Under: Blog Tagged With: Accountants in New Jersey, accounting advice, Accounting Finance Consultant, Accounting Firms in New Jersey, Accounting for small businesses, business accounting systems, business advice, business finance tips, business succession planning, business tips, financial advice for business, succession planning

Oft-overlooked Areas to Cut Business Expenses

November 11, 2020 by L. Scott Elwell

Trimming expenses is something businesses must do in earnest to survive the economic downturn due to the pandemic. Here are some areas where your business may still have cost saving opportunity. Interest rates. If you have credit cards, banks will often listen to a request to lower your interest rates. This is especially true if […]

Filed Under: Blog Tagged With: Accounting for Small Business, Accounting for Small Business NJ, Accounting for small businesses, Business Accounting Services, business advice, business expense help, business finance tips, cut business expenses, Top Accounting Firms in NJ

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