Taxes can cause serious headaches for business owners. Help yourself keep track of federal, state and local taxes by creating a calendar that includes every tax-related deadline that applies to your specific business. Then write out procedures for submitting reports, calculating taxes and making payments. Doing this will help you build a solid process you can count on, rather than relying on memory.
Standardizing, documenting, setting up calendar reminders, formalizing your procedures for everything is what will allow you to freedom to concentrate of growing your business. Don’t be reactionary, be proactive.
O’Connor & CO is embracing technology and helping our business clients find those apps and solutions that jump start a business that runs like clockwork so we can add value with business consultation that will catapult your success. Contact us if you need solutions to keep you from handling everything from crisis mode and gets you running the business, not being run by it.