Even experienced business owners or investors can benefit from using a Strategic Plan. It is truly an integral part of a successful investment strategy or business operation. A Strategic Plan is not a Investment or Business Plan. A Strategic Plan sets forth a timeline...
Over the past few years there have been a number of changes and updates regarding the reporting rules for the mysterious 1099-Misc Forms. I say “mysterious” because many business owners simply guess as to what the rules are and oftentimes get exasperated and just...
Yes, Dave Ramsey is absolutely right in suggesting that more Americans should eliminate all the debt in their lives…but all of it? My answer is emphatically – No! I believe that there are two types of debt: ‘Good debt’ and ‘Bad Debt’. One makes us money, while the...
The picture above is of the annual potato harvest that takes place all over Eastern Idaho each year. The next time you walk into Five Guys for a burger, you can now see where those bags of potatoes are coming from…literally. Now, we city slickers may yearn for a...
All too often I meet with clients that have grand ideas for investing or other business projects for cash flow, but they don’t have a thorough and sensible plan to get there. I have found a two-part solution for myself and hundreds of clients over the years that has...
Every week, if not every DAY, one of the attorneys in my office is asked this question in a consultation. We take this seriously and want to give them the answer that is in THEIR BEST interest, which means an LLC for every rental probably isn’t necessary....
