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Posted by: Charles P Myrick CPA Posted on: Jun 27 2017

What Are the Advantages of a Limited Liability Company?

When you first open a business, you have a lot of decisions to make. Choosing your business structure is one of the most important decisions you will make. Your business structure refers to the entity that you form so you can practice business in your state. You cannot sell a product or service without forming a business entity. 

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Posted by: Charles P Myrick CPA Posted on: Jun 13 2017

How Smart Investment Strategies Overcome Past Financial Mistakes

 In a perfect world, you would have made some wise investments when you were in your 20s. Then, you could build on those investments and have a vast portfolio well before you hit 50. The world isn't perfect, though, and you made some financial mistakes over the years. No matter how much you move up in the corporate world, you still have difficulty overcoming errors of the past. You might think you're doomed to be punished by the past forever, but that isn't the case. 

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Posted by: Charles P Myrick CPA Posted on: May 30 2017

Are You A business Owner Who Struggles With Cash Flow?

Cash flow management can make-or-break a company, and if you aren't properly managing the flow of your money, then you are setting your business up for failure. If you want to achieve long-term success with your company, then you need to make sure that you have cash available at all times. 

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Posted by: Charles P Myrick CPA Posted on: May 23 2017

How to Know If a Sole Proprietorship is Right for You?

When you are starting a new business, it is important to determine the structure that makes the most sense for the needs of your company. Although many entrepreneurs start as a sole proprietorship it is a good idea to understand the advantages and disadvantages of doing so. Before you make a decision, you should obtain the help of a qualified CPA. 

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Posted by: Charles P Myrick CPA Posted on: May 09 2017

How to Take Control and Make Your Money Work for You

You know that financial health is the key to peace of mind. When your money is working for you, you can provide for your family and retire when you're ready. The system doesn't own you. Instead, you are in control.

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Posted by: Charles P Myrick CPA Posted on: May 02 2017

How Will a Business Advisor Help Your Small Business?

You want your business to thrive, so you’re considering hiring a small business advisor. Before you dive in, you want to make sure that a business consultant will help your business. There are many ways that consultants help companies thrive. Here are four of them: 

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Posted by: Charles P Myrick CPA Posted on: Apr 25 2017

How to Get Startup Loans to Expand Your Small Business

If you're in the process of moving from self-employment to a more formal startup business, one common problem that you may face is cash flow. To start a successful business you will need sufficient money to build a strong foundation. Startup business loans are a great option to help you get access to the funding that you need. Here are a few things that you need to know if you are trying to use small business startup loans. 
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Posted by: Charles P Myrick CPA Posted on: Apr 18 2017

The Truth About the Limited Liability Company

When you are starting a new business, the structure or business entity that you choose makes a difference. Many new entrepreneurs have to decide between an LLC (limited liability company) and a sole proprietorship. The truth is that there isn’t one single answer to the question of LLC vs. sole proprietor, and you should obtain the help of a qualified business advisor to make this decision. 

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Posted by: Charles P Myrick CPA Posted on: Apr 11 2017

Why Use Property Management Accounting Software?

As a property manager, accounting is part of your daily life. In addition to dealing with all the challenging tasks of property maintenance and tenant or owner issues, you have to monitor the books. Many small property management companies find a paper accounting system sufficient - until they start to grow and expand. If you are struggling to keep up, paper may be holding you back. It may be time to switch your property management accounting system from paper to software.

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Posted by: Charles P Myrick CPA Posted on: Apr 04 2017

How to Manage Rental Property Income

In our past blogs, we’ve talked about some of the tax deductions you can get as a landlord. But guess what? None of those tax deductions matter if you don’t have the records to claim them. 

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