For the Love of Business

How much money will your business make three years from now? Though determining an exact figure is virtually impossible, projecting business income to determine potential growth isn't as difficult as it may seem. Growth projections are typically based on some form of income, and especially when your business is somewhat regular, determining a rough figure is relatively easy. Here's a quick look at how business income projections work, their limitations and when it's time to c

Now that April 15 is well behind us, it's time to cue a little relaxation in the accounting department, right? Not necessarily! If your company was hit with a number of challenges as many were this past tax season, it's time to set things up for an easier 2020 tax season next year. Here are some tips on how you can use this year's taxes as a guide for next year's tax preparation, making your job much easier in the long run. What were the issues you ran into this year for your

For a business owner retirement may seem like a wild dream. You're busy keeping your company in operation, so when do you have time for retirement planning or formulating an exit strategy for your company? Fortunately, it doesn't need to be that difficult to be able to plan to enjoy your golden years. Here are a few tips on how to get started in creating an exit strategy for business owner retirement. To start retirement planning, you'll need to consider what you want out of

How would you like to improve productivity, growth, company value, profitability and creativity at your business? According to more than half of all CEOs surveyed in a 2015 study, that's the value of company culture. If your company has a positive one, it improves the impact of your business efforts significantly. If it doesn't have a positive culture, or hasn't worked to establish one at all, you may be missing on some relatively easy growth opportunities. Here's a look at w

When you're working on steering your business in the right direction, the decisions you make have a huge impact on your overall success. But how do you make your decisions? How do your personal attitudes, strengths, weaknesses and education impact those decisions? How do you make smarter decisions to make your company thrive? Here's a few tips to help get you started. Avoid rationalizing. Emotional decisions are often poorly-based on what you feel. It's very easy to invent re

With government organizations still catching up with infrastructure repairs and upgrades that were put off during the recession, many government bodies are digging deep to try to find funding to make up for budgetary shortfalls. To make up these funding problems, many tax agencies are increasing their revenues by increasing taxes. Illinois currently has a progressive tax plan being worked on at the state level. But what does it involve, how will it impact your business and wh

If you're considering working with government in Missouri, specifically business with the Missouri state government, have you considered what your international policies may do to that plan? A new bill before the legislature may impact your plans if you're currently or are planning on boycotting doing business with Israel for whatever reason. Here are the details on this new bill and how it may impact your ability to win business with the Missouri state government. Similar to

Though it can bring up visions of electronic security systems, security guards and guard dogs, having a physical security plan for your business can be as simple as knowing what to do in particular situations and having tools in place to secure your company's location. But what should you plan for in your situation and how do you implement it into your company's daily operations? Here are some tips to get started. To start, consider what kind of security your business will ac

When it comes to business forecasting, how much of the information you receive is solid and how much is wishful thinking? It can be tough to figure out the answer to this question, but forecasting can help you re-shape your business models into something that provides a stronger level of growth for your company. Here's a look at how forecasting models work and how to use them to your company's benefit. Forecasting Isn't Magic Though it can seem as though professionals who reg

When it comes to estate planning, trust setup can seem like a very complicated process. However, when you work with the right professionals, it can actually be a pretty straightforward process. You want to make sure that the person you're working with has experience with establishing trusts and understands your end goals with your estate planning process. Here's a look at how it works and why you should count on AccountRely's services to help get the ball rolling on your trus