Blog Page
Changing Your Kern County Business Structure – A Savings Opportunity?
Prepare, prepare, prepare. As a recession is bearing down on us all, figuring out how to prepare for economic downturns is something you should be concerned with in your Kern County business. I know I am.Now, while you and I can’t prepare for every eventuality, we can...
Terre Crisman’s C Corp Pros and Cons
Before I dive into discussing the pros and cons of a C corp, I briefly want to touch on some other things relevant to you as a Kern County small business owner.Recession. The threat of it hangs in the air like a midwest thunderstorm. And as you anticipate it, you...
Vendor Negotiation Tips for Kern County Business Owners
Is your hustle muscle feeling strong right now? I hope so because if your business is going to make it moving forward, it’s going to have to be – at least for somebody on your business team. This inflationary environment virtually demands it (as does a likely...
A Cutting Expenses How-to for Kern County Businesses
As a small business owner, you’re battling on a lot of different fronts right now. You’re doing your best to keep employees happy, raise prices without driving away customers, pivot to alternative supply options as your current ones dry up, adjust for changing...
The Art of Raising Prices for Kern County Small Businesses
The unfortunate reality of things right now is that businesses across the board might need to raise their prices. Inflation’s increasingly pervasive effects, as well as continued supply shortages, demand that pricing models change – or at least be...
Raises and Inflation: Kern County Business Owners, Listen Up
Everywhere I turn there’s a Kern County business with a “Now Hiring” sign in the window. Are you seeing this too? Staffing is an issue in every industry across the country. Part of that? Making money isn’t the only reason people want a job. 2020 certainly shifted...
MD Bookkeeping and Tax Service’s Fighting Inflation Series: Taking Out a Business Loan
Today I want to start a series on how small businesses like yours can fight inflation. Because I know that’s one of the top concerns for businesses across the country right now. But I’d also like to know…How’s your business faring? I’m genuinely interested in how...
The Word on Payment Methods for Kern County Businesses
…payment methods!Try to come up with one thing that’s more important to your Kern County business than taking in revenue smoothly. Yeah, I couldn’t, either.And making sure that revenue is coming in becomes almost an obsession when you’re feeling the squeeze of...
Alleviating Cash Flow Management Pains for Kern County Businesses
[1] Because we’re talking cash flow management today… with a recession looming on the horizon and the effects of inflation being felt so hard in everyday life, it’s difficult not to freak out over what lies ahead for your Kern County small...
Why Should Kern County Businesses Care About FASB and GAAP?
Yes, inflation isn't slowing down, even here in Kern County.Though it's not the main thing I'll be writing about today, I did want to point out this economic elephant in the room for my Bakersfield business owner readers and clients, and not just speed on...
Making the Most of Your Kern County Business’s P/L Statement
In the arena of not-so-good news, along with so many other things these days, it looks like IRS interest rates have gone up for Quarter 3. Inflationary insults to injury for Kern County business owners.These days are getting tougher. Hang in there.Now … the one...
An Accounting Methods Rundown for Kern County Businesses
Before I get into accounting methods basics today (a subject near to my heart) ... I hope you were able to get in on some Memorial Day activities this past weekend (though I know some Kern County business owners are in the thick of things during this commemorative...