Did you know there are different levels of tax planning? That’s why you may have experienced a tax surprise even though you paid your estimated tax payments.

Here are the main 4 levels of tax planning and how they affect cashflow.

1.  Avoid Penalties

The basic level of tax planning is to calc...

Tina was interviewed by Brian Byrom, owner of BTrained. This is the first video in their "Females in the HVAC Industry" series.

She brings a unique perspective to the subject. Tina made the switch from CPA to buying, running and selling an HVAC service company.

This video is for any HVAC busi...

Have you ever reviewed your profit report and celebrated an increase in sales and profitability? You gave everyone a high five and announced year-end bonuses.

A few days later the celebration was over after your bookkeeper asked you to transfer money for payroll.

You wonder what happened…how ar...

When it comes to increasing profitability, it is common for business owners to feel like Dorothy when she visited the Wizard of Oz.

Studying numbers can feel intimidating or scary.

0:11        Profitability is a simple math formula.

0:32        Did you know you can control profitability? Inst...

Independent Contractor (1099) vs Employee (W-2)

Is it better to classify a worker as an independent contractor or employee?

There are pros and cons to both, but the decision should be based on the rules set by the IRS.

It is important to examine the relationship between the business and the wor...

When our employees make mistakes, it is easy to brush off the small investment it takes to make the customer happy. But, have you stopped to calculate how much the mistake really cost your business?

Watch this video to see how much you need to sell to breakeven on the mistake. 

Bottom Line

• Co...

Would you rather sell more or save more money? Check out this video to learn how each activity boosts the bottom line in your business.

Spoiler alert - financially stable service companies require managing all three - sales, profit and cash flow. 

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10% Net Profit is the New...

It is easy to start a company and learn how to sale your services and deliver what you promised. But, do you know the other 4 steps of a healthy business cycle?

Watch this video to learn how to complete the entire business cycle. Spoiler alert...you may be missing the business finance side of the...

Collecting money is one of the most dreaded aspects of running a business. I would rather scrub my bathroom floor with a toothbrush than pick up the phone and ask a customer to pay a past due invoice. The secret is to have awesome employees on your team and great systems in place. These tips will ...