Here at Tax Resolution Center...

Here at Tax Resolution Center...

Monday, December 8, 2014

Letter from Kip Sharp, Esq., Owner and Lead Attorney of Tax Resolution Center, Inc.


It's already the end of the year, which means it's time to look back at how the year went, so that you can hit the ground running in 2015!    

We recommend that everyone put together a profit and loss report for your business, as well as an income and expense report for your household. If you aren't good about keeping up with your financials or you just never get around to it, hire someone to do it for you right away. It's not that expensive to hire a bookkeeper or accountant and you will need to do it for your taxes anyway, so don't wait. True, the year isn't even over yet, but by the time you get caught up with January through November records, and get through the holiday rush, the New Year will be upon us. If your company is not profitable, if you aren't taking home the money you need to pay your bills EVERY MONTH, then you need to study your financials and make the changes necessary to meet your goals.  Most of us put everything we have into our business - but if you're not getting paid a fair wage, get help or close and go someplace where you can take home a paycheck; you'll make more money and be less stressed.       

Many people make the mistake of thinking that they must get bigger to make more money, when sometimes it's more profitable to reduce your size and expenses.  Review you financials and make the necessary changes.  Remember the definition of Insanity is doing the same thing over and over again and expecting different results.     

Now that you have reviewed your income and expenses, review your procedures:  Are you spending your time and money wisely?  Are your employees spending their time wisely?  What are your customers experiencing?  Have you talked to your customers lately?  They have great information and they are willing to share.      

Set deadlines and goals for yourself and your employees. If you find yourself slipping into your old habits give me a call and let's talk about what you can do to make a change.      

Don't let this opportunity slip away; don't be sitting in this position next year having wasted another year, deeper in debt and closer to losing your business.
Call me and tell me about your business. It's free and it's a good first step to financial success.      

Happy Holidays,

Christopher (Kip) Sharp, Esq.
Owner and Lead Attorney
Tax Resolution Center, Inc.  
  



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 BEFORE THE END OF THE YEAR.

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