Beware of tax-related scams
As you may know, there are lots of bad guys out there trying to steal your sensitive information. All of us here at SBS Accounting & Advisors prioritize keeping your finances secure, so here are some tips to avoid the scams: 1. Be wary of unexpected...
How much cash reserves do you need before you hire new staff?
For a small business, hiring a new employee is a big deal. It is a major investment and also an exciting milestone. Adding staff means you’re growing and potentially increasing revenue. But there is more to the financial side of adding an employee than just being sure...
Focus on Pre-tax Profit, Not on Revenue
As a small business owner, you are probably focused on growing your revenue. That’sfine – who doesn’t want to get more sales each year? But, the top line should not bethe first place your attention goes when you look at the income statement. Yes, youread that...