Remove year-end-tax-strategies
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EO Members Share 9 Unconventional Actions to Mitigate Stress (Part II)

Entrepreneurs' Organization

Who better than our EO community to offer creative strategies for mitigating the adverse effects of stress? I created Dory as a unique stress-reduction strategy to help me understand and improve my mental state. tax compliance. My strategy? I needed more support, so being a founder, I created it. “I

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Experts Share Ways to Recession-Proof Your Business

Entrepreneurs' Organization

Here are my recommendations: Be proactive about taxes. One of the biggest expenses a business owner can incur are taxes. It’s best to be prepared and have a plan in place to minimize what you’ll end up owing. If you want to recession-proof your business, ensure that you are nimble. Navigate a recession.

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Lesson #353: Staffing Your Finance Department as You Scale

Red Rocket

He was kind enough to assist me in writing this how-to lesson and sharing it with our Red Rocket Blog readers. To address the variability in the work and the time required to complete, many high-growth companies use outsourced bookkeepers and fractional CFOs during their early years, until they can better afford full-time talent of their own.

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The Future of Main Street: Moving Your Local Business Online

StartupNation

It’s been a tough year, to say the least, and without being a harbinger of doom and gloom, it’s looking like we won’t see significant improvements for a while yet. Content pages (blog posts, informational articles, videos, etc.). Some ideas include: Informational blog posts. We can’t control the COVID-19 virus. The homepage.

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What does "thinking big" really mean?

The Zapier Blog

In all the podcasts I listened to and blogs I read, there was a consistent refrain: "You need to set aside time to think big." Get the Zapier blog in your inbox Subscribe So, I crowdsourced the answers. For the first three years of my career, I spent most of my time traveling for work. But what did it mean ?

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5 Killer Exit Strategies to Sell Your Online Business

Smart Hustle Magazine

With these five strategies, your pathway to exit can be smooth and rewarding. Whether you’re selling a blog, eCommerce store, or app, it is important to understand how much your business is worth. Your valuation formula is then calculated as follows: Annual Net Profit (Cash Flow) x Multiple (Years) = Website Value.

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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

That is $12 million in profits over 3 years. The founders could reinvest this in growth (0% tax, focus on future equity growth) or take the profits of $12 million and divide amongst the founding partners. True, the 15% rates will likely go up in the future, but I doubt they will approach the income tax percentage level.

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