As a business owner, have you ever:
- Signed a contract or document you hadn’t fully read or understood?
- Had difficulty collecting money from customers or clients?
- Wanted to have a resource for ANY business or legal question?
- Wanted to have access to tax questions that save you money and in the long run increase your revenue.
If you’ve experienced any of these or other business situations, we may be able to help. Protect and grow your business. As your business consultant here are some things you can do on your own or if you don’t have the time being a business owner then, outsource the research to college students who are not being hired by any companies so quickly now days.
The reasoning for outsourcing some jobs, because it can save you a lot of money, when it comes to paying for medical benefits, taxes, all insurances, and man hours. When you outsource your billing or collections, your staff wouldn’t be the one making the calls to collect on money that is owed to you, they can do what you hired them to do without the extra stress on your employee, who later ends up missing work, because their getting sick now. Don’t do that to them just give it to someone else to do, because the fee you pay for their services cost less than two months gross salary(ex.12.50/hr) with benefits. So there you save yourself 5 figures a year there.
Next, leasing office space where you are already leasing or own will increase your revenue also. Have you every thought about buying a home and using the bedrooms as offices to rent out or you use yourself and get the double tax credit on it. Saves you on insurance, it’s just a suggestion.
Now, this is something I think all businesses is doing and that is taking expenses that are suppose to be used in a department that is no more or less money is being used in that department. So instead of the company trips or retreats do something in house or local or maybe help a charity that does something creditable. (It will come back to you if you have faith.) OK, finally as a bonus here are some tax savings you might be able to use even if you know already. This works for the residential that is used as a business or even home based.
