Tag Archives: tax

Selling a business can be challenging. After all, you have likely worked many years to get it where it is today. Consider all the times you skipped vacation to meet customer demand or the sacrifices you made to keep it running. However, now that you are thinking about selling your business, it’s vital to understandContinueContinue reading “How Can Business Owners Assess the Market and Determine if It’s a Good Time to Sell?”

One thing I am continually seeing in both our Free Facebook Group and Tax Minimization Program is confusion around business vehicles. Lets take the time here to outline the things you need to know! We are going to go through a series of decisions you will make when deducting a vehicle in your business. FirstContinueContinue reading “How Do I Write Off a Business Vehicle?”

Why are we even talking about customer experience innovation? While businesses’ attention is mainly focused on innovating the product, CX innovation is gradually getting into the limelight, too. Both being customer-centric approaches to innovation, these two strategies have some differences: Product innovation requires significantly higher upfront investments than experience innovation. Product innovation can be copiedContinueContinue reading “6 Tips How to Innovate Customer Experience”

Service represents an intricate, multi-tiered procedure encompassing numerous individuals and technologies that collaborate harmoniously or encounter issues.  In order to foster Innovation and enhance Customer Satisfaction, visualizing every step and participant, from customers to third-party vendors, is essential. This is where Service Blueprints play a crucial role.  Just as the name implies, the Service BlueprintContinueContinue reading “Service Blueprint”

Depreciation… one word that can make a business owner (and even many accountants) cringe. However, understanding it and how to implement it correctly in your business can make a big impact. That is exactly what I will be talking about here. What Is Depreciation? At a very basic level, depreciation is simply the process of spreadingContinueContinue reading “What Is Depreciation for My Business? When Does a Capitalization Policy Make Sense?”