Good old summertime is a quiet period in the tax business. So I take some time to reflect, plan and brainstorm on business practices, tax challenges and the everyday grind that business owners face all throughout the year. I read articles online and in business journals about business owners who are reviewing all facets of their business to stay ahead of the curve and remain successful in these economic times.
Many business owners are taking action to re-invent their business and they are working in a spirit of co-opetition or cooperative competition. A common feeling among small business owners is isolation as they struggle to reinvent their business alone. Some of these business owners have arranged informal meetings with other business associates to talk about marketing ideas, accounting questions, share business leads and brainstorm new ideas. I find that working in a group is a very effective way to stay fresh and focused on business strategies. I meet with a group of small business owners, called Biz-Connect, every Tuesday morning in my community. We set goals together, talk about what works and share information about our successes and struggles. I find this weekly session works well to lift my spirits and keep me focused, sharp and prepared.
The internet is a rich source of business information and provides a venue for sharing strategy and ideas. The website BizNik.com has the subtitle “Going it Alone, Together.” It is a site where entrepreneurs share ideas on a daily basis. Users post articles on their area of expertise and can post business events in their area. The key is to stay involved with other business owners in your own community and online by exchanging ideas and helping each other.
In summary, you can create a successful business by reaching out to other entrepreneurs in your area. Learn from them and also share with others what works for you. This exchange of mental and emotional support will bring more business to you and to me. It is all about sharing and leading and watching out for each other.
When it comes to personal or business accounting services and tax preparation there’s nothing that brings more peace of mind and confidence, and nothing that helps you focus on the big picture, than knowing that your bottom line is on target and on time.
Working with a certified public accountant (CPA) who takes the time to understand the way you live your life and run your business, and invests in educating you so you can make informed decisions, will ensure that your bottom line is not only on target and on time but that it moves you along the road to your success and your goals.
That’s exactly how Sherwood Tax & Accounting approaches every client relationship. Sherwood Tax & Accounting understands that your dreams and goals are unique and that a pre-programmed, one-size-fits-all approach won’t provide the best outcome for you.
When you work with Sherwood Tax & Accounting, you’ll experience something very different. You’ll be working with a partner who goes well beyond simply crunching numbers and filing returns. Sherwood Tax & Accounting will provide you with a clear picture of your financial position and the knowledge you need to make decisions that will move you toward your goals.