Preview Mode Links will not work in preview mode

Beginning Balance

Sep 17, 2021

Mark and Jesse invite their long-time tax advisor Casey Murdock, or Wealth Guard Advisors, to talk about common myths and misunderstandings business owners have about the tax code as well as legitimate tax saving strategies. Tax can seem like a tedious field, but having good tax strategies can result in big savings....


Sep 10, 2021

Cash basis accounting works for a lot of businesses, and it has a lot of benefits being simple, easy to understand, and a relatively "pure" way to evaluate the cash position of the business. But for some businesses it may make sense to switch to accrual accounting, where things start to get a bit complicated. Mark and...


Sep 3, 2021

Mark and Jesse take a break from talking about cash to focus on the "softer" aspects of running a business and, more specifically, a team. But, as these things tend to do, it turns out core values are everything about running a business, and they directly impact how your day to day business operations proceed.

 

While...


Aug 27, 2021

Mark and Jesse discuss the role of forecasting in a business' budget, and why many businesses get stuck on "tracking" their finances, for tax purposes, rather than truly budgeting.

 

Mark Butler CFO

https://markbutler.com

 

You Need a Budget

https://www.youneedabudget.com


Aug 20, 2021

Jesse and Mark answer the questions -- when do you start paying yourself from the business? How much? Should you take distributions or draw a salary? 

 

Mark Butler CFO

https://markbutler.com

 

You Need a Budget

https://www.youneedabudget.com