Good morning, PowerCore. I’m substituting for Mark Chase.

Once the prior year tax returns are completed, most financial decisions are contemplated during the summer and are decided in the 4th quarter.

Last week, I helped a small business owner understand how their planned expansion would affect their taxes. We discussed income, property, sales, and employment taxes, as well as workload issues. By calculating first the financial effect and then the tax effect of the changes, they could better weigh the risk vs reward.

When you are at your Holloween neighborhood BBQ and George, the micro-brew loving small business owner mentions landing a big contract, ask them if they’d like to discuss how to set up a financial plan with guidelines, so they know when their growth is going off the rails. Two things can kill a business, lack of sales and exponential sales. We can help them manage both so they can focus on growing their business, planning their cash flow, managing their tax bill and not worrying about tax forms.