Focus CPA

“Those who fail to plan, plan to fail.” For real estate investors and small business owners, this expression holds true.

I don’t watch horror movies. To begin with no one likes to sit next to me, when we are watching a movie.

As another birthday has come and gone, I am struggling with writing the next chapter of my life. I feel as if my life is recalculating and I can’t get the swirling circle to stop.

he Profit & Loss Statement is a very critical tool to assess the financial success of a business. However, for small businesses the statements are usually set up to prepare a tax return. In many cases the expenses are in alphabetical order.

Just like a person, a business has a pulse. It needs a pulse to stay alive. It may not need blood, but it does need cash and energy.

GOOOOO Packers! Having been born and raised in Green Bay, football is a key part of life here. Where else in the world does a football team sell out practice games?

If you have a business loan with the bank, chances are you have been asked to update your personal financial statement.

I recently came across a life satisfaction survey. There was a list of questions about my life and about my business.

Prices are soaring, staffing is tight and interest rates are rising. Keeping the cash flowing within a business is becoming harder. Being profitable does not always mean that cash is aplenty. It definitely helps, but other items can impact the cash flow.

Do you remember the excitement of jumping out of bed, ready to charge forward and live your life to the fullest? Or maybe on Christmas morning right after Santa Claus had delivered the presents and your parents allowed you to get out of bed?