You may think crowdfunding for your business is a rookie way to raise funding. Don’t tell that to Oculus VR founder Palmer Luckey, who crowdfunded $2.4 million in 2012 and sold the business to Meta for $2.3 billion (yes, billion with a “b”) less than two years later. Oculus VR is not the only business… Read More
Last year, we ran a post on how your CPA could be a strategic partner entitled Beyond Bean Counting. It was a good primer for new and smaller businesses, but there’s much more that can be covered. It’s time for a sequel, one that provides ways that a CPA can drive growth with process improvement,… Read More
With all the hustle and bustle associated with a startup, tax deductions can be an afterthought. That’s understandable, but sometimes a reminder can help. So, today’s post will outline the five most common steps a startup can take and how to remain compliant. Let’s go! Startup Costs You can start thinking about this one before… Read More
Two weeks ago, we gave an overview of aligning business investments with a tax strategy. That’s always a good idea, but it’s also wise to do the same with tax shelters. So, this week’s post will provide an overview of how to do that. Let’s go! Business investment vs. tax shelter: What’s the difference? Before… Read More
There are a lot of common tax-smart business investments out there. But some trod off the beaten path. While this blog doesn’t often wax poetic, today, it’s going down the path less traveled to find three often-overlooked business investments that might help you make more profit this year. Let’s go! Qualified Small Business Stock (QSBS)… Read More
Every business makes investments, whether it’s in people, equities, or equipment. Every business should have a tax strategy as well, but many don’t. If you have investments and a tax strategy for your business, then bravo! However, it’s not enough just to have them hanging out separately. These two are the equivalent of brother and… Read More
The New Year has come, and it has brought tax changes that could have a big impact on your business. Today’s post will cover the potential impact of these changes at the federal and state levels for those doing business (or thinking about doing business) in Louisiana. Let’s go! Looming Federal Tax Code Changes When… Read More
This blog tends to focus on the nuts and bolts of business and finance. But all financial transactions are behavioral, so it’s important to focus on mindset from time to time. No matter what kind of year your business had in 2024, it’s important to shift your mindset to the future. Today’s post will discuss… Read More
The list of corporations built using a low debt load strategy reads like a business hall of fame. Berkshire Hathaway, Monster Beverage, Chick-Fil-A, Adobe, Alphabet, and Meta all used little to no leverage to become business empires that are now household names. But is a debt-free approach the best strategy for your business? Today’s post… Read More
This blog has covered many elements of a good profit plan in the past, but no post has covered the entire process. That’s because a good profit plan takes time to explain, and this blog tries to keep things quick for you. Today, we are going to walk the tightrope between information and time. This… Read More