Beware of financing S-corps with bank debt
Landscape Management columnist Dan Gordon explains why green industry companies should be wary of financing S-corps with bank debt. read more
A look at the accounting process
Dan Gordon explains the accounting process and how accountants produce monthly financial statements for an accurate picture of how a business is performing. read more
Accounting for millennials
Millennial business owners and managers demand an ever-increasing amount of real time information. They embrace technology and can make decisions quickly based on financial and operational dashboards. Our accounting firm and many of our peers have noticed a need to accommodate millennials’ thirst for services and information presented in a much different manner than Gen Xers and Baby Boomers. Here’s... read more
Improve your cash flow: Understand basic accounting
This post is part five of LM’s “5 ways to improve your cash flow” series. Read the first four tips here. Despite its importance, many green industry business owners don’t have a clear understanding of their businesses’ cash-flow situations. Why? Many business owners don’t pay nearly enough attention to basic accounting. In fact, many companies think of accounting only in... read more
Web Extra: 12 Salesforce apps for small businesses
Included in the November 2014 cover story “Cracking the code,” Salesforce is among the most widely used accounting and sales/CRM software programs in the green industry. Here, we list 12 apps for small businesses that integrate with the program, as categorized on the appexchange, brushing the surface on their functions and pricing. 1. Appirio Cloud Sync Price: $4/user/month Appirio Cloud Sync... read more
Be a tax master
Jan. 1 marked the end of a popular tax reduction tool, the Section 179 deduction, which expired under the American Tax Relief Act of 2012 (ATRA). The Section 179 deduction allowed small businesses to expense some assets in the year of purchase, rather than having to depreciate the purchase over its useful life. Those assets included equipment, vehicles, software, furniture... read more
