ACCOUNTING BLOG

Archive of: August, 2015

  • A new look for payroll forms in Idaho

    Payroll

    Idaho business owners struggle to keep up with increasing regulations and paperwork every year—especially when payroll is involved. Thankfully, the two Idaho payroll taxing agencies are making it easier to stay ahead of deadlines and reduce paper clutter at the same time.

  • What a Car Ride Taught me About my Partner

    Business Smarts

    The Small Business Association defines a partnership as “a single business where two or more people share ownership.” Statistics reveal the failure rate for new businesses is alarmingly high, but that partnerships (rather than single-owner businesses) have a likelier chance at success. Even with the better odds, having partners can have drawbacks.

  • What is my Value?

    Business Smarts

    I often get asked to help businesses analyze the cost of their products or services. Most of these inquiries end as quickly as they start. I always ask why the business owner wants to know this information. Often, it is because they are trying to price their products. Knowing the true cost of a product can be helpful in plenty of situations, but it only creates an artificial ceiling for your pricing. Cost is not the main concern; value is.