With any business, Succession Planning is important, but for family-owned businesses, it’s even more crucial. This topic is not as easy to discuss when it involves family members, and failing to have a plan (or even the planning stage) can cause disputes and wreck relationships between family members, and...
Read moreAs a business owner, our biggest assets are our employees. Take care of them, and they will take care of your business. It’s important to always reward their efforts, and to provide enticing benefits to attract higher quality applicants. So how exactly can you do this? Here’s how: Help...
Read moreAnd Why Choosing the Right Structure is Crucial When starting a business, you should know which structure you’ll use, whether it’s a Sole Proprietorship, General Partnership, LLC, S-Corporation, or C-Corporation. This video explains the differences, advantages and disadvantages, and general information about each structure to help you decide what...
Read moreMany business owners still feel the need to file their business taxes by themselves to ensure everything is correct. However, the results are often the opposite, and it backfires. In the spirit of the Halloween season, we give you the three horror tax issues that frighten business owners! Record...
Read moreNot many people have a strategy to manage their money, and those who do, usually develop their own system. Having a system derived from another’s strategy, and tweaking it to make it work for you, is the key to managing your finances better. This is exactly what the video...
Read moreWith over 37 years of experience as a Certified Public Accountant, Terry L. Kime understands the importance of financial literacy. He decided to specialize in tax preparation, financial planning, and investing after obtaining his Master’s Degree in Science of Taxation in 1986 to help people gain more power over their money.