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Taking Care Of Business – Mistakes To Avoid In Running Your Business

by Joseph Truscott | Jan 6, 2020 | Business Articles by Joe Truscott

Most business decisions have tax consequences.  One of the biggest mistakes a business owner can make is to not consider the tax impact of a decision before it is made.  The financial impact of “not thinking” can be devastating for you and your business, and...

Business Smarts – 8 Time-Tested Strategies

by Joseph Truscott | Jan 6, 2020 | Business Articles by Joe Truscott

Whether your company is dealing with a loss of market share or explosive growth, it’s always important to be ready with sound strategies to ride the waves.  We spoke to various business entrepreneurs and consultants who share their tips with us on various...

Sold! Getting The Best After-Tax Price For Your Business

by Joseph Truscott | Jan 6, 2020 | Business Articles by Joe Truscott

If you have ever sold a house, you know how involved the transaction can be before either party signs on the dotted line.  As the vendor, your ultimate goal is attracting the highest price – while minimizing your tax bill.  Now imagine...

How To Protect Your Business From Fraud

by Joseph Truscott | Jan 6, 2020 | Business Articles by Joe Truscott

Fraud may seem like an issue exclusive to large companies, but statistics tell a different story.  According to a 2004 survey by the Association of Certified Fraud Examiners, the average loss of 508 surveyed companies was $100,000.  Average...

Speed Up Payment on Receivables

by Joseph Truscott | Jan 6, 2020 | Business Articles by Joe Truscott

Receivables do not have much value if they are not turned into cash. Your company really needs to keep tight control on its invoices outstanding so you can get an accurate picture of the receivables situation and take steps to improve the turnover of those accounts....

Better Safe than Sorry – Fidelity Bonds

by Joseph Truscott | Jan 6, 2020 | Business Articles by Joe Truscott

In this era of corporate transparency and more stringent auditing systems, you might think that your business is pretty well covered when it comes to crime in the workplace. But employee dishonesty is always a possibility.  Depending on the nature of your...
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