The AB&P journal
Useful answers for the decisions owners make every week.
Clear guidance on the financial, payroll, and people questions that tend to become urgent when no one explains them early.
Business · 3 min read ·
How to Start a Small Business the RIGHT Way
So, you’ve had a lightning bolt of inspiration for a new product or service that you think could make your customers’ lives better, cheaper, or easier. Congratulations! Deciding to start a new company is a huge and ex…
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Bookkeeping · 3 min read ·
Cash Flow
https://youtu.be/E1BBTDqZhag Has the Coronavirus caused cashflow issues for your family? Do you wonder what you can do to improve the cash you have on hand to pay the bills you need to pay? There are a few things that…
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Business · 3 min read ·
The Basics of Payroll Taxes
If you are a small business owner, one of the financial requirements you are responsible for undertaking on behalf of your company is the collection and payment of payroll taxes. Payroll taxes, which are a percentage…
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Business · 3 min read ·
Preparing for 2021 Tax Prep
https://youtu.be/GMRnOZg15iI Are you beginning to think about your tax preparation and what you need to submit to your CPA in order to file your tax return? Today I wanted to discuss a few things to make sure you're c…
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Business · 4 min read ·
The Best Funding Options for Women-Led Small Businesses
Getting funding for your startup is a challenge for any new entrepreneur, but it can even more difficult for women-owned businesses. According to Fundera, there is a disparity in funding available for male-led and fem…
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Business · 3 min read ·
The Hartford’s Best Advice for Small Business Owners
Networking is an incredibly valuable tool for small business owners. Have a group of like minded entrepreneurs where you can discuss the ups and downs of business to determine what is and isn’t working can help you ta…
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Business · 1 min read ·
The Difference Between Cash Flow and Profit
https://youtu.be/ySYoJu6EE_U We sometimes get the question, “What's the difference between cash flow and profit?” I have even had the statement: “I can't be profitable because there's no money in my bank.” So, what is…
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Business · 2 min read ·
Businesses with Telecommuting Employees May Save on Taxes
If your staff is dispersed in a large geographical area, you may be overpaying on local taxes. According to CPA Practice Advisor, business owners can often save on local and municipal taxes when they have a distribute…
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Business · 3 min read ·
How to Improve Your Cash Flow
In their recent article, “12 Ways to Improve Your Cash Flow,” The Hartford Small Biz Ahead outlined 12 key strategies to successfully manage your businesses finances. Utilizing their tips can help you collect payments…
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Business · 2 min read ·
Getting Money
https://youtu.be/QDpkcFRf8Fw Do you often struggle with collecting the money due to you for services you've provided? Do you wish you could have a streamlined process that would make collection easier? I have a few ti…
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Business · 2 min read ·
How to Hire the Right Candidate Remotely
With the rise of telecommuting due to the COVID-19 pandemic, HR teams have had to navigate new challenges in the hiring process. Since most businesses are still largely operating remotely, the task of interviewing can…
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Business · 3 min read ·
IRS Mistakenly Distributes Failure to Deposit Notices
The IRS recently sent out a flurry of penalty notices to employers who they claim did not deposit adequate funds with their quarterly Form 941 filings. This has left many small business owners scrambling to find out w…
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