Debt is a common and often necessary part of running a business, providing opportunities to expand operations, invest in new equipment, or navigate periods of low cash flow. However, managing debt effectively is critical to maintaining financial health and ensuring long-term success. Poor debt management can lead to cash flow issues, damaged credit, and even […]
Give Your Finances a Quick Once – Over with QuickBooks Online
Got 15 minutes? That’s all it should take to log into QuickBooks Online and get a quick read on the state of your finances. How does QuickBooks Online fit into your normal workday? Do you only log in when you have to send an invoice or record a payment, for example? Do you save up […]
What Is a 1031 Like-Kind Exchange?
A 1031 like-kind exchange, named after Section 1031 of the Internal Revenue Code, allows investors to defer capital gains taxes when exchanging one investment property for another of like kind. This tax-deferral strategy is widely used by real estate investors to grow their portfolios and optimize their tax liabilities. How Does a 1031 Exchange Work? […]
Transform Your Business Operations by Harnessing the Power of AI
Artificial Intelligence (AI) has emerged as a transformative force in virtually every industry, revolutionizing the way businesses operate and interact with their customers. From streamlining processes to unlocking valuable insights, the potential applications of AI are vast and varied. In this article, we explore how AI can help improve a business across multiple dimensions, driving […]
Rating Bonds
Before you add bonds to your portfolio, you should understand how they work and what variations exist among them. Just as importantly, you need to identify the risks that come with owning bonds and how you can protect yourself from them. Bond Basics Bonds are essentially IOUs, issued by federal, state, and municipal governments as […]
Weighing Your Options: Promoting vs Hiring Externally
It’s a quite common dilemma to figure out if you need to hire externally or promote from within to see improvement with your business. There are benefits to both. We will now go over the pros and cons to each side. Hiring Externally Pros Can help a company gain new perspectives – Oftentimes, hiring a new […]