Business Owners: Stop doing accounting now!

If bookkeeping is so boring, why are so many business owners doing it? I’ve studied accounting – a lot.  I studied it in business school (go Hoosiers!), I studied for the CPA exam, and have taken 100+ hours of continuing ed every year for the past 15+ years.  That’s a lot. Every step along the […]

What Makes a Business Effective? Part 1: Your Team

How much difference would it make if you truly had the right people on your team? Let’s start by defining what make a business effective.  Most business owners tell me their top priority is to make their business more profitable and less dependent on them.  Obviously, a business that depends too much on one or […]

What’s the Formula for Small Business Success?

What does it take to build a successful small business?  Maybe less than you expect. As a CPA, I’ve been working with small business owners for a long time.  My staff and I are privy to the financial results of nearly 200 businesses every year – some are very, very successful, and some are not. One of the […]

Payroll tax cut temporarily extended

Below is a quick update on the recent payroll tax legislation.  If you’re and Indiana business and need help with payroll or payroll taxes, please feel free to call my office. – Tyler Payroll tax cut temporarily extended. The Temporary Payroll Tax Cut Continuation Act of 2011 was enacted late last year. It extends the two […]

Setting Goals for Your Business

For me, the first day of the new year always marks the beginning of busy season.  January is ‘go time’.  My staff and I love it because there’s lots of work to do, we get to reconnect with our long-time clients, and meet some new ones. For the first ten years of my career, I […]

Looking in the mirror on the last day of 2011

Tomorrow, I’ll make a final pass at my business goals for 2012. I remember from business school that my goals  must be S.M.A.R.T. – specific, measurable, attainable, realistic, and timely. Today, I’m thinking about what happened in 2011. My team and I accomplished a lot. Considering the sketchy state of the economy at the end of […]

Does your Small Business Need a Mission Statement?

I’ve seen hundreds of successful Indiana businesses that have made loads of money without so much as a rough draft of a mission statement. Don’t get me wrong.  I’m not against mission statements.  They have their place – especially for larger organizations where communicating with multiple levels of staff, or multiple locations, can be a […]

Is your small business too small to hire an accountant?

Have you hired yourself as the accountant for your business? This week, I overheard part of a conversation between a small business owner and one of my staff in the hallway as they wrapped up their meeting. The business owner, Steve, owns a small business in Indianapolis.  Steve recently contacted us about preparing his business […]

Join the club…how peer groups can grow your business

Since 2005, I have been fortunate to be involved with two excellent peer groups.  Both groups are made up of CPAs and accounting firms across the country who do what I do – provide accounting, payroll, and tax services to small businesses.  One group is focused on how to operate the business better and the other is […]

Tour of Zappos HQ: Inspiring (and a tad disgusting)

Last week, I had an opportunity to tour Zappos‘ corporate HQ in Las Vegas.  The tour is called the “Zappos Insights” tour and it provides an inside look at how Zappos manages its business.   I’ve been looking forward to this because I love Zappos, and buy from them all time (I hate going to the mall). […]