“He that walks with wise men shall be wise.”
We offer business services in three main areas: CPA Services Tax Compliance, Reviews, Financial Reporting, Compilations CFO on Call CFO for Consultation, Interim CFO, Temporary CFO Consulting Corporate Tax Planning, Cash Flow...
It is important for churches and pastors to be able to serve where they have been called. We are here to help churches do what they do best, and not get bogged down in the details of accounting systems, tax structuring, donor reporting, etc. We...
WHAT WORKS for BUSINESS FINANCES, ALSO WORKS for FAMILY FINANCES F inancial security has many different faces. Family disagreements can happen over the various spending and saving strategies that may not be comfortable for everyone in the...
Non-profit organizations provide a vital centralizing force for the efforts of millions of Americans attempting to make a positive impact on the world. Without them, it would be much more difficult to create change and rally communities to the...
Interview with Mike Moffitt – Certified Public Accountant
Ever wonder whether your church should be incorporated? Or maybe what roles your Board Members should be playing? Or possibly what tax implications there are for your church?
If you have ever thought about any of these questions, join the conversation by listening to the interview below where Mike Moffitt seeks to provide clarity for churches on a number of topics:
Make sure that you have a plan before you start. This sounds intuitive but you would be surprised how many people never plan what they are doing. Ultimately, all plans change once they’re finished, but the importance of the thought-processes behind them is invaluable. This includes completing a 5-year growth projection (financial goals; how you’re going to achieve them) as well as incorporating the correct entity type and taxation status.
If you have questions about proper financial planning, please e-mail us at firstname.lastname@example.org.Read More
Before venturing out on your next big idea do some market research first. Gather information about your potential customers: demographics, purchase strength, likes/dislikes, etc. Get to know your customer or client better than they know themselves before you try to sell anything to them. You should also have a working knowledge of the existing competition and how you plan on entering the market. Writing a marketing plan is recommended as it will force you to think through what you are selling, who you are selling it to, and how you will sell it (positioning, branding, personal selling, advertising, etc.).
Starting and running a successful business can be a daunting task. From a financial and accounting standpoint, there are quite a few pitfalls and crevices in the mountain of entrepreneurship. Amazingly, this still doesn’t stop the American idealism or belief that companies can be formed and will be successful. Indeed, our society is built upon the entrepreneurial mindset that fuels our capitalist interests. If you plan on jumping off the cliff anytime soon, here are a few guidelines that will hopefully give some extra wind under your wings.
Over the next five weeks, we will be giving you thoughts on five keys to startups:
1. Proper Market Research
2. Proper Planning
3. Proper Organization
4. Proper Capitalization
5. Proper Evaluation
Next Week: Proper Market Research