Life Insurance: WHY You Need It, THEN How Much!
I meet with clients and discuss their insurance needs on a regular basis. My initial focus is why a client needs the product. After determining the necessity, then we can figure out the appropriate amount. Below I have listed many of the reasons for purchasing life insurance: Taking care of family and children Mortgage [...]
Do You Know Your KPIs?
What are KPIs? These letters stand for Key Performance Indicators. Basically they are specific measurements that tell you at a glance if your business is performing as planned and meeting specific targets. This morning I was sitting with a client whose sales volume is $120 million. Every time I meet with this client he pulls [...]
I’ll Like You if You Like Me!
Wow, things have really changed! When I first became a CPA, advertising was practically forbidden. We all dressed like we were going to a funeral. You had to hide your brown bag lunch in either your briefcase or the audit case. The few women in the firms could not wear pants or sleeveless tops of [...]
How Healthy is Your Company?
I have read many financial statements over the years. There are many ways to evaluate the health of a company. You have no doubt seen all of the ratio analysis models. I have boiled down the analysis to one item per financial statement. Common financial statements consist of three statements: The Balance Sheet–a snapshot of [...]
Road Remains Bumpy For Business Taxation
The 2011 year started with a lot of talk about tax reform to spur the economy, create jobs, and promote investment and capital spending. However, no meaningful changes happened and probably will not until after the 2012 election. The Tax Relief, Unemployment Insurance Reauthorization, and Jobs Creation Act of 2010 extended some 2011 tax [...]
