The Business is Now Booming

My check stub maker has been getting a lot of work since business picked up this year. Last year I started party decoration business, and it wasn’t doing so great. The more well known companies that supply party decorations were getting all of the business, leaving me out in the cold with a limited set of customers. I was almost ready to throw in the towel and shut the business down for good, until one night I saw a commercial when I was watching television. The commercial was advertising a free seminar in the area for business owners who want to increase their profit margins.

The seminar seemed like a scam and a waste of time, but it was free, and I didn’t have anything to lose by going except for my time, so I went. The seminar lasted an hour, and it was just one man with a slide show presentation on techniques for business owners. Some of the tips were pretty useful, but I don’t think they were secret to that speaker alone. He probably check out a book from the library or went to a book store and just wrote down everything he could in order to make that presentation.

I applied a few of the concepts from the seminar to my business in an attempt to turn it around, and it had quite the positive effect. I made my business stand out from the other companies that provide decorations by offering exclusive products that were based on certain themes. I have a few giveaway promotions to spread the word about my business, and even got some of the local television stations to do a few stories on it. Soon my business became the number one spot for people who wanted to decorate their parties with style and flare.

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Hiring Accountants for Our Business Ended Up Paying for Itself

Taxes just about drive me insane. I am not joking. I have never seen such a convoluted mess of rules in my life. If it was a flowchart, it would have been designed by a diabolical mind. It circles back on itself, the rules vary depending on the slightest differences, and you have to read hundreds of pages of rules and instructions to fill out one line on a tax form. When our self-employment position improved, I went to to see about turning over all of the paperwork to professional accountants.

What it comes down to is that we are actually saving more money by paying accountants than if we did the taxes and other stuff ourselves. We were always really conservative about deductions and other things because we never wanted to be audited by any legal authority. Continue reading Hiring Accountants for Our Business Ended Up Paying for Itself

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