Blog
Influence and Leadership In The Digital Age by Ngeeb Alderwish
Here's a truth that some Dearborn and Detroit entrepreneur-types HATE to acknowledge: uptight accountants are a useful bunch.One of the things we really like, btw, is getting AHEAD of the game for our Dearborn and Detroit clients.Which, regardless of your entity...
The Three Kinds of Customers For Dearborn and Detroit Businesses
Bar none, the most important asset in your Dearborn and Detroit business is your client and customer list. This is even true if you are in a "capital-intensive" business with significant material assets. In fact, I'd be very interested to hear someone make a strong...
Protecting Your Focus At All Costs by Ngeeb Alderwish
War drums beating in Iran.Impeachment (?) proceedings. Democratic primaries.Weird economic signals.There is literally SO MUCH that can rob you of your greatest asset as we move forward into 2020.And in case it wasn't obvious, I'm talking about your focus.As a local...
Raise Prices For Your Dearborn and Detroit Business
Let me start out by once again reminding you that we are nearing year-end (as if you really needed my reminder).And Dearborn and Detroit business owners are extremely well-positioned to make a dent through proper tax planning more than any other population.We're right...
Potential Tax Problems For Dearborn and Detroit Businesses To Fix Before Year-End
We only have one more month (less!) to make any moves that might affect a whole host of things on your tax bill.I have some examples of what I mean here today, but suffice it all to say: If your business revenues, expenses, structures or results changed in a...
Ngeeb Alderwish’s Keys For Empowering Your Employees For Advancement
You can either train your Dearborn and Detroit employees and risk that they leave ... or choose not to train them and risk that they stay.Think about that for a moment.Are you empowering your employees for growth? Does your leadership team (which might be just you)...
Evaluating Your Dearborn and Detroit Company’s Marketing ROI
I put a lot of effort into going beyond being a simple tax/accounting advisor for my Dearborn and Detroit clients, and I'm grateful to those who send back comments, who forward these on to their associates and, of course, for the many referrals that my clients and...
The “Profit First” Framework for Dearborn and Detroit Businesses
You might have heard the term "profit first accounting" buzzing around Dearborn and Detroit business circles as of late.The philosophy was made popular by Mike Michalowicz and his book, Profit First. His theories have blossomed into reality for many business...
Four Non-Bank Options for Small Business Financing
When many people start a business, they do so using their own resources and funds. And there can be great wisdom to this ... retaining control, a more lucrative exit, etc.But it also puts your own personal resources on the line, and there are greater risks, as well as...
The Advantage a C Corporation Holds for Dearborn and Detroit Businesses
Now that 2018 extended returns for businesses are truly put to bed now, we can turn our gimlet eye on 2019.And one thing that might be worth discussing is your operating entity.A quick rundown on business structures is never bad, ESPECIALLY when tax laws change and...
Three Overlooked Ways To Control Costs In Your Dearborn and Detroit Business
I don't know about you, but my Facebook newsfeed is FILLED with so-called experts slinging around big revenue numbers in their business to grab my attention, and get me to sign up for their stuff.But, see ... I'm an accountant.And I know the truth: Revenue means...
Cash vs. Accrual Accounting: Two Main Differences For Dearborn and Detroit Businesses To Consider
I have seen plenty of Dearborn and Detroit businesses get into hot water because they were using the wrong method to track their cash.Yep, today, let's talk accounting. :)Specifically, whether your business should operate as CASH or operate as ACCRUAL. Cash is a great...