QBScott Indianapolis, IN

Use a Balance Sheet to Evaluate the Health of Your Business

By Scott Meister, CPA | Feb 9, 2022

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)…

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QBScott Indianapolis, IN

11 Small Business Trends Entrepreneurs Are Excited to See in 2022

By Scott Meister, CPA | Jan 26, 2022

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…

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QBScott Indianapolis, IN

6 Predictions For Small Business In 2022

By Scott Meister, CPA | Jan 11, 2022

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…

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QBScott Indianapolis, IN

The Biggest Challenges Facing Small Business in 2022

By Scott Meister, CPA | Dec 2, 2021

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…

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QBScott Indianapolis, IN

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

By Scott Meister, CPA | Nov 8, 2021

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%…

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QBScott Indianapolis, IN

Reasons Why a Business Plan Is Important for Entrepreneurs

By Scott Meister, CPA | Oct 21, 2021

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…

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QBScott Indianapolis, IN

How To Be A Leader For Your Small Business

By Scott Meister, CPA | Oct 6, 2021

Source: Forbes | Repost QBScott 10/6/2021 – Pop quiz: are you more of a leader or a manager in your business? When you’re a solopreneur, you’re the CEO, the janitor, and everyone in between. It’s hard to think of yourself as being a leader because the only person you’re leading is yourself. Yet simply managing…

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QBScott Indianapolis, IN

9 Tips To Dramatically Improve Your Business Performance

By Scott Meister, CPA | Sep 23, 2021

Source: MYSTORY | Repost QBScott 9/23/2021 – “My business is going okay – I don’t really need to make any changes” Stop right there! You do know how important it is to keep bringing changes to your business, right? If you decide not to tweak your business, you’re actually going to experience downfall really soon.…

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QBScott Indianapolis, IN

13 Signs It’s Time to Expand Your Business Operations

By Scott Meister, CPA | Sep 9, 2021

Source: Small Business Trends | Repost 9/9/2021 –  One of the most significant milestones for any business is the day it reaches a point of expansion. While every business owner looks forward to the day they can grow their business, it’s important not to be hasty in doing so. A successful business expansion depends on…

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