In the frenzy of the holidays, it's easy for businesses to put off updating their books. But doing so can leave you vulnerable to theft, tax code violations, payroll mistakes, waste, unpaid invoices, etc.
By keeping your books in order through the holiday season, you can keep your business's growth on track in the midst of the busyness.
Ordered books can help with:
- Cash flow projections
- Clarity on fixed and variable costs
- Financial forecast for optimized profits
So, with the whirlwind of the Black Friday shopping weekend behind us, make sure to mark some time in your calendar to catch up your record keeping
..or hand it off to someone who you trust to do it right. We're here for you.
Palmer Accounting Services Inc
Friendly, expert advice. Visit: www.palmeraccountingtax.com
Or call: 317-402-9644
Palmer Accounting & Tax Services Inc is locally owned and prepared to help individuals and small businesses handle their bookkeeping and federal/state income tax filings. Everyone deserves and should expect professional, timely, accurate services from their accountant and that is what you will get at Palmer Accounting. We also try to maintain a low-pressure approach…accounting and tax can be stres
Don't forget to support your neighbors and friends tomorrow on Small Business Saturday. Any local favorites the rest of us should know about?
11/23/2023
While we live in a world that feeds on a steady diet of complaint, may you find the riches in today's holiday. And not just today, but every day.
From our hearts to yours: Happy Thanksgiving!
We are grateful for the chance to serve you and be your go-to for so much of your financial guidance.
Do you get caught up in the day-to-day minutiae of running a business? It's easy to do.
But, it's essential to resist the temptation to let small, less significant tasks overshadow the truly impactful ones. Don't get so focused on routine administrative tasks that keep you from addressing more substantial business goals (ones that really have leverage).
We all need that reminder of what really matters in business.
So, here it is: Focus is everything.
It gives our work purpose and turns the everyday into something extraordinary.
11/22/2023
7 Essential To-Dos For Your Indianapolis Business Team
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It's that time of year to start conducting some internal audits of your company's processes and financial systems. Get a look at what's going on under your business hood. Then you can know what dials need to be adjusted, what processes need a little more attention, and where to invest your time and energy.
Goals can be set. Updates can be implemented. New ideas can have room to grow.
The AI revolution is here. And truthfully, it's a fun ride -- though one that requires some necessary boundaries.
But to get a temperature check from you... where are you at with using AI (ChatGPT and other software) in your life or business?
A. I know what it is, but haven't used it at all.
B. I've started using it for small, time-consuming tasks.
C. I'm incorporating the software into some of my systems right now.
D. Ninja-level, super pro status.
11/17/2023
Incorporating AI into your business is a must moving forward. But handling that shift the right way is something you'll want to prioritize.
You may not need a "chief AI officer" like they suggest here, but you'll want to consider some of the other points they bring up.
Does your business need a chief AI officer? Someone senior needs to ensure the implementation of AI is safe and secure. Here's what the experts believe that executive should look like.
11/16/2023
We're interested to see how this develops. But know this, we'll still provide personalized service that capitalizes on what AI offers. We're not in this for our bottom line. We're in it for you.
JPMorgan Is Discussing Its Generative AI Projects With Regulators JPMorgan is testing AI applications that can generate earnings summaries for every company that the bank tracks and helpdesk service that provides exact problem-solving steps.
As we approach Thanksgiving, we've been thinking about what we're grateful for. One of the first things that came to mind: the opportunity to serve our clients.
If you're one of them, we'd love to hear how our services have helped you this year.
What's something you find difficult to stay on top of in your business's accounting?
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