Every marketing agency needs a tax strategy and now is a great time to put one together. Your tax strategy sets the financial stage for the upcoming three to five years. This forecasts your business revenue and projected expenditures. As a result, you can better plan the best practices for the smart growth of your […] Read more “Building a Tax Strategy for Your Marketing Agency”
Start-up Blog
It’s never too early to start preparing your finances for year-end. A head start now will set you up for a smooth closing process down the road. As you begin preparing for year-end, there are a few things to keep in mind. You’ll want to make a plan, reconcile your accounts, run and review your […] Read more “How to Start Preparing Your Finances Now for Year-End”
Whether a new startup owner or a seasoned vet running a business, odds are you are constantly looking for ways to increase your revenue. Doing this task usually leads to marketing tactics that will let you reach more people who want to hire you or buy your products. Said differently, most growth efforts are centered […] Read more “How to Approach Pricing in Your Agency”
Understanding your startup and its financials is critical. These early-stage metrics let you keep a finger on the pulse of your business so you can predict your future earnings and your organization’s long-term health. We’ve divided these key indicators into categories. Start tracking these now to keep your costs in line and your revenue healthy. […] Read more “The Numbers you Need to Watch in an Early-Stage Startup”
As a business owner, you have likely heard this advice before—you need to have a tax strategy in place and take care of your taxes all year round, not just during tax time. This advice is given time and time again because it works. Taking action before the tax season makes managing your taxes much […] Read more “7 Must-Haves for Your E-commerce Tax Strategy”
Every business owner strives to make better decisions. However, making good decisions consistently is incredibly challenging. In most cases, there is no way to have all the information about every variable involved before making a decision. This creates uncertainty in the direction you take your business. But even though there will always be some degree […] Read more “How Using Data Can Help You Build a Startup Team”
You’re probably overly excited about your newly secured funding, and rightfully so. It’s likely a business-changing amount of money and you have so many great ideas for spending it. However, you’re also wondering what you need to do next to get the ball rolling with your business in regards to funding. With so many places […] Read more “Just Received Funding? What Do You Do Now?”
You make a tax payment to the IRS and by the time you turn around again, it’s time to prepare another payment. Without a tax strategy it seems like an endless cycle, and to top it off, there’s a chance you’re not even paying the correct amount (too much or too little). To try to […] Read more “How Efficient Bookkeeping Fits into Your Tax Strategy”
Marketing agencies are different from traditional brick and mortar businesses. In fact, agencies are unique from the way most companies do business (and tax planning). A few of these unique aspects include: Different products and services Unique expenses Various pricing models An unorthodox labor force Fluctuating profitability These attributes mean your tax planning situation (as […] Read more “Tax Planning Strategies for Marketing Agencies”
Poor tax planning is something that often proves costly for startup companies. When every dollar makes a difference in determining whether or not your startup is a success — you certainly don’t want to pay Uncle Sam any more than you owe. Unfortunately, several startup tax myths still abound. This article looks at the six […] Read more “6 Common Startup Tax Planning Myths”
As the founder of a startup, it’s likely you play some sort of leadership role. Whether it be on a team to accomplish certain goals or guiding other team leaders, it’s important to have strong skills and a solid decision-making process to help your startup grow. Establishing those skills and processes can be done in […] Read more “Data-Driven Leadership: What it is and how to use it in your business”
You’ve made it to the middle of the year and it’s time to start evaluating your finances to get you ready for the coming months. If you created goals at the beginning of the year, you should be turning to your numbers to make sure you are on track. It’s a simple task that is […] Read more “Checking in on Your Annual Planning”