Fill in the form below and get quick reply from someone who actually knows what they’re talking about.
Payroll Deduction Loan Payroll deduction loans are a type of loan in which payments are automatically deducted from the borrower’s paycheck. Employers or credit unions offer this type of loan. It makes repaying loans easier for borrowers and can reduce the risk of missed payments for lenders. A payroll deduction loan is a type of financing […]
8 Easy Tips on How to Scale a Construction Business It was a warm Monday morning when Ryan, the owner of Batcave Construction, looked at his to-do list. He sighed and thought, how can I change this? He started his company two years ago with just a pickup truck and a few tools. His business […]
Give Us 10 Minutes for the Lawn Care Business Startup Kit It’s a sunny Saturday, and you are sitting on a freshly mowed lawn and daydreaming about quitting your 9-5 job and starting a lawn care business. But then the thought comes of how to start; you don’t have any idea. If you have such […]
Cost Segregation Bonus Depreciation Cost Segregation Bonus Depreciation is a tax strategy property owners use to accelerate depreciation on certain parts of a building. It has two parts. Through cost segregation, property owners identify components like floors and lighting that can depreciate faster than the building. Next, with bonus depreciation, owners can deduct a large […]
Inventory Backflush Inventory Backflush is an accounting method that records the cost of the product after production. Once the product is finished, the costing system “backflushes” and deducts the material costs from inventory rather than tracking each component. It is also known as backflush costing. For example, a car manufacturer produces 100 cars. Instead of […]
Math For Plumbers and Pipefitters Doesn’t Have to Be Hard We recently came across a book titled “Mathematics for Plumbers and Pipefitters” by Lee Smith. The title seemed interesting, so we bought it and read it. The book mentions the essential math skills required for a plumbing business; you should read it, too, if […]
Asset Dissipation Loan Asset Depletion, also known as Asset Dissipation, is a mortgage qualification method that allows you to use your liquid assets to prove income—even if you have little to no traditional employment earnings. Instead of relying solely on a paycheck, lenders apply a specific formula to calculate how much monthly income your assets […]
Can you disinherit your spouse? In most cases, disinheriting a spouse isn’t simple. Many places in the US and Canada protect spouses from being completely disinherited. In some places, you have to submit a memorandum of reasons for disinheriting the spouse. These protections are called statutory rights. For instance, if someone tries to leave all […]
The Only HVAC Cheat Sheet You Need for Your Business We have been getting requests to talk about an HVAC business from one of our client-turned-friends. His story is quite dramatic, so we want to share it with you. Our good friend has a stable HVAC business now, but it was a different story a […]
5 Best Accounting Software for Therapists on a Budget It’s Friday evening, and your office is quiet. The last client of the week has left, and you are considering the weekend plans. But all of a sudden, a thought flashed through your mind, “You have to send an invoice to Jerome.” Snap, your weekend plan […]