Scott Meister, CPA | QB Scott

Source: Small Business Trends | Repost QBScott 4/14/2022 – As a business owner, you need to know how well you are generating profits. This type of profit and loss report is one of three financial statements. A p l statement is an important way to see what’s happening financially over time. This is a great…

Source: SmallBiz-Resources | Repost QBScott 3/30/2022 – With estimated revenues of over $7 trillion a year, small businesses have an unmatched purchasing power that everyone who sells goods or services should consider tapping into. And that means you too. One of the most convenient ways is through online marketplaces, which have become the de-facto targeted…

Source: Institute for Entrepreneurial Leadership | Repost QBScott 3/17/2022 Making the decision to start up a small business includes numerous significant choices, of all shapes and sizes. The decisions you make today can influence your business for a long time in the future, so it’s essential to get off to a solid beginning and launch…

Source: Entrepreneur | Repost 3/2/2022 – These are easy traps to fall into despite being a well-intentioned executive leader. Seldom will you find a CEO who has it all figured out. I don’t; however, I spend a lot of time reflecting on what constitutes a truly remarkable leader. What traits does this sort of leader…

Source: Entrepreneur | Repost QBScott 2/9/2022 – One of the tools that can be used to assess the performance of your business or organization is a balance sheet. A balance sheet, which should be a part of the financial model in your business plan, categorizes your assets (everything you own), your liabilities (everything you owe)…

Source: Small Business Trends | Repost QBScott 1/26/2022 – When the Covid-19 pandemic struck in 2020, it put many professionals out of work. Others faced cutbacks on hours or began working remotely, which allowed more time for pursuing multiple income streams. These factors led to a major uptick in startup and small business launches, many…

Source: Nerdwallet | Repot QBScott 1/11/2022 – Small-business owners looked to 2021 as a chance to rebound and rebuild from nearly a year of coronavirus-induced losses. Instead, many were dealt repeated blows with supply chain backups, unfilled “hiring” signs and renewed restrictions and mandates. The year wasn’t a complete bust, though. Entrepreneurship grew at a…

Source: Small Business Trends | Repost QBScott 12/2/2021 – The new year will present additional challenges and opportunities for small businesses as the country is still involved in the COVID-19 pandemic. On The Small Business Radio Show this week, Ross Buhrdorf, the founder and CEO of ZenBusiness PBC discusses those challenges and tips for first…

Source: Entrepreneur | Repost QBScott 11/8/2021 – Running a new business requires a solid strategy supported by proven facts. While it is usually possible to get your business off the ground, there are always factors that may impede your dream of being a successful entrepreneur. According to the U.S. Bureau of Labor Statistics (BLS), 65%…

Source: WSI | Repost QBScott 10/21/2021 – What is a business plan? For people who are just starting out and forming their own company, whether it’s a small freelance business at home or a new venture with an office and a starting pool of employees, there’s a lot of importance to a business plan. It…

Posts by Scott Meister, CPA

What is a Profit and Loss Statement?

Online Marketplaces: What Small Businesses Need to Know

10 Small Business Tips You Can Implement in 2022

5 Habits Every CEO Should Avoid to Be a Truly Remarkable Leader

Use a Balance Sheet to Evaluate the Health of Your Business

11 Small Business Trends Entrepreneurs Are Excited to See in 2022

6 Predictions For Small Business In 2022

The Biggest Challenges Facing Small Business in 2022

6 Key Things To Keep In Mind Before You Launch Your Business

Reasons Why a Business Plan Is Important for Entrepreneurs