As CPA’s, Matt and I sometimes wonder if some of our clients forget we exist for the remainder of any given year. We think they would be wise to look their tax returns over, think about what they see, and then call us for an appointment.
Let me explain. When you have a business you have owned and run for a number of years, some of the things you do could probably be changed. I know, we all hate that “C” word, change. There are almost always improvement which can be made that will eliminate certain costs and inefficiency. We know from experience that some of the things we did while our company was growing and expanding, we never meant to be permanent, but now we are just so used to doing things a certain way, we don’t think to change them.
We can also take an objective look at your business and help you decided what your future goals are, and how you want to achieve those goals. Perhaps you need to offload some of the tasks you are doing and hire help to free you up to do what it is that keeps your company growing. Payroll and bookkeeping are time-consuming and if not done properly, can cost you in both time and money.
Are there investments you could make that would help you in the long run? Is it time to stop renting office space and purchase something? Sometimes things like solar panels and other investments don’t cost as much as you might think, and there can be State and Federal programs which offer significant rebates to help defray costs.
We won’t know until we have had the opportunity to meet with you. And seeing as tax season is over, except for those of our clients who filed for extensions, we have more time to spend on your plans.
It is also important to go over your client list, determine which clients are making you money, and which ones are costing you money. It is a time to be objective and having a numbers person look these over with you always helps.
There is an old saying, “If you fail to plan, then you are planning to fail” . While we think that is a bit simplistic, in our experience we have found that business owners with goals, and plans for how to achieve those goals, are always more successful.
So take a moment to think about your business, and now that we are here to help.
Anthony and Matt