Entries by David Auer

The Vital Role of Customer ROI and Customer Experience

The customer is always right, and in the age of social media, their feedback has a big impact on your business—good or bad. That’s why every business strategy should focus on customer ROI The proliferation of and dependence on the internet has brought many pros and cons for businesses large and small. You can more […]

How Can Competitive Analysis Help You Grow Your Business?

Scrutinizing the competition is a valuable tool. Learn the importance of competitive analysis and what it can add to your business strategy. No matter what your customer base looks like, chances are they are moving more and more toward doing everything digitally, including how they find companies, products, and services. Your customers now have instant […]

The 2 Faces of KPIs: People and Organizational Performance

KPI can refer to key performance indicator or key person identification. Both of them are important for business growth and performance The success of a business depends on a multitude of factors, from marketing to growth strategy to operational efficiency. But people really drive performance, and learning how to identify and measure weak links is […]

Why the Wayfair Ruling Matters for Sales Tax

Physical presence in a state no longer determines the sales tax that’s due. What does this mean for retail businesses? Sales tax is not always a straightforward topic for today’s retailers, especially with online retail booming and all of the uncertainties in the market due to differing state economic nexus laws. According to a Deloitte […]

How Business Partnerships Are Taxed

Working with a partner brings its own particular set of tax rules. Entrepreneurs should be aware of them to avoid penalties and risks A partnership is a particular type of business structure that has its own set of tax requirements. There are several benefits to forming partnerships, including the combined skills, knowledge, and resources of […]

Retirement Planning Tax Tips for Entrepreneurs

It’s never too soon to start planning for retirement. Tax minimization can be especially hard for entrepreneurs, who have to keep up with tax law and investment strategies while managing a business Even if you’ve been doing everything you can to plan for retirement, expenses can add up fast if you’re not prepared in every […]

How Technology Is Changing Professional Tax Preparation

Technology is altering every sector, and taxes are no exception. Big strides are being made to revolutionize the field, and more changes are on the horizon Tax professionals are tasked with updating their practices to meet changing technologies. As a taxpayer, what does this mean for your taxes? What’s already changed, and what can you […]

Why Mother Nature Is a Potential Tax Nightmare

Natural disasters can devastate more than the building your business operates from. They can also destroy your tax records. What recourse does your business have? If a disaster strikes and records are destroyed and assets lost, it could mean a major tax nightmare for your business. Tax obligations, including proof of loss, filing, and payment […]

Why Are So Many Tax Refunds Unclaimed?

More than a billion dollars is out there waiting to be claimed. Unfortunately, many businesses don’t know they may be entitled to a share of it Each year before tax time, the IRS announces the amount of unclaimed money it’s holding due to people not properly filing their tax returns. In early 2019, the IRS […]

The Entrepreneurial Operating System: Six Steps to Success

How working with a business advisor who lives by the EOS can benefit your business Running a business has ups and downs, wins and losses, good days, and, well, terrible days. You may often wonder why you started your own business, and sometimes why you didn’t do it sooner. These are all normal swings that […]