Archive for March 2016
Small Business Strategic Planning
Strategies and goals can give you and your business a pathway to success. Yogi Berra said “if you don’t know where you are going, you’ll end up someplace else”. Market, industry and other conditions can change quickly, so it is difficult to develop a strategy that is 100% guaranteed to succeed. A strategic plan is…
Read MoreS-Corp Officer Payroll vs Distributions
For many small business owner-operators of s-corps, understanding the differences between officer payroll and owner/shareholder distributions can be challenging. We have coached and consulted with many small business owners where this issue has arisen. One way the issue shows itself is in a statement from the owner like “my P&L statement indicates great profits,…
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