by GPwebsiteV3! | Jan 14, 2020 | Business, GP Articles, Tips
Most likely, after reading our first three articles in this series, you’ve recognized that it’s best to proactively avoid costly mistakes when starting a business rather than retroactively correcting them. This next pitfall is no exception. Perhaps equally insidious...
by GPwebsiteV3! | Dec 20, 2019 | Business, GP Articles
In our two previous articles on the costly mistakes business owners with the best intentions sometimes make, we discussed selecting the appropriate entity type and establishing proper pricing of goods and services. Of equal importance is the careful selection of your...
by GPwebsiteV3! | Nov 22, 2019 | Business, GP Articles, Tips
In our last installment, we discussed the crucial nature of selecting the right entity type for a new or growing business. This week, we’re going to cover another dangerous pitfall for business owners: underpricing their goods or services. For a new or struggling...
by GPwebsiteV3! | Nov 5, 2019 | Business, GP Articles, Tips
Running a business is hard. Anyone that has ever run a small business knows that there are a multitude of mistakes to be made and each one offers its own series of lessons about how to do things better the next time. However, it’s good to know that someone else has...
by GPwebsiteV3! | Jul 19, 2019 | Business, GP Articles
Shareholder basis reflects a shareholder’s post-tax economic investment in a corporation. Calculating correctly and in the proper order can be a challenge with a small business corporation (an S corporation), since items of income and loss pass through to the...
by GPwebsiteV3! | Jun 12, 2019 | Business, GP Articles
We keep hearing and reading about cloud computing in today’s business community. There’s also a growing interest in outsourced accounting. But what do these terms mean? They’re more than just new buzzwords to help you with the infamous buzzword bingo game. Business...
