Posts by Scott Meister, CPA
Tax filing Date Right Around the Corner
Source: accountingtoday.com | Repost 7/2/2020 – The unprecedented fallout from the coronavirus pandemic has meant unprecedented concessions by the U.S. government in a number of respects. The CARES Act’s $2 trillion stimulus package represents perhaps the largest investment in this regard, but a number of U.S. government agencies have enacted other significant rule changes to…
Read MoreThe Only Three Reasons Entrepreneurs Need Accounting and Finance
Source: Forbes | Repost QBScott 6/18/2020 – Observing finance and accounting professionals— or the way academics at most business schools train them — might lead you to believe that finance and accounting is a complex and arcane language understood only by an initiated few. For an entrepreneur, the truth is that accounting and finance are…
Read More5 Personal-Finance Mistakes That Kill Promising Companies
Source: Entrepreneur | Repost QBScott 5/21/2020 – For most people, personal-finance mistakes affect only themselves. For entrepreneurs, a personal-finance slip-up can have far-reaching consequences. People who get into tight financial spots while running their businesses must make difficult choices about which bills to pay, which opportunities to let go and which partners to leave. Founders…
Read MorePivoting Your Small Business Model to Survive the COVID-19 Crisis
Source: Worth Newsletter | Repost QBScott 5/7/2020 – There is opportunity in every crisis, and the COVID-19 pandemic has created a crisis for many small business owners that is unlike any other before. The coronavirus has forced governments into enacting what some are calling “the Great Lockdown.” The lockdown consists of closing all non-essential businesses,…
Read More4 Behaviors That Help Leaders Manage a Crisis
Source: Harvard Business Review | Repost QBScott 4/23/2020 – The roles and responsibilities of business leaders have dramatically changed in the past few weeks. Before COVID-19, CEOs and other executives in high-growth companies were focused on fostering innovation, driving revenue, and gaining market share. Today, many of those same leaders must make rapid decisions about controlling…
Read MoreA 10-Point Small-Business Survival Plan for Dealing With the Coronavirus
Source: Entrepreneur | Repost QBScott 4/9/2020 – It’s safe to say that this current crisis is like none other faced by small business owners in the recent past, and it’s certainly daunting trying to tackle all of the unique issues it presents. Regrettably, the predominant voice we hear hasn’t offered a lot of specific steps…
Read More7 COVID-19 Crisis Management Tips For Small Businesses
Source: zdnet.com | Repost QB Scott 3/26/2020 – Business as we know it will change after the COVID-19 pandemic. This year will be the year that changed the trajectory of e-commerce, telemedicine and remote work. I have the privilege to work with one of the true pioneers in the world of digital commerce. So, naturally,…
Read More4 Smart Ways to Reduce Costs Starting Right Now
Source: Entrepreneur | Repost QBScott 3/12/2020 – Your sales, marketing, and customer service teams make it possible for your business to succeed with clients, but turning a profit also depends on keeping costs as low as possible. From getting the best price out of your suppliers to cutting waste, there are plenty of ways to…
Read MoreYour Clients… Do You Really Know Them?
Source: AccountingInsight | Repost QBScott 2/27/2020 – If asked, most practitioners could reel off basic details about their client base, and what they are provided by the accounting practice. However, that answer, given by the owners of many small practices is remarkably similar: ‘Oh, we have everyone from sole traders up to a few multi-million-pound…
Read More10 Insights to Help You Become A Better Small Business Leader
Source: smallbiztrends.com | Repost QBScott 2/13/2020 – Entrepreneurs need to have strong leadership qualities in order to manage employees, communicate with customers, and outline a clear vision for their company. There are plenty of different styles and aspects that go into being a good leader. So here are some various insights from members of the…
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