Call Today: (202) 789 - 8898
Posted by: Charles P Myrick CPA Posted on: Sep 03 2020

How to Manage Small Business Variable Expenses

Are you on top of the variable expenses in your small business? Planning a budget can be difficult when some costs vary from month to month. These unforeseen expenses can eat away at profits essential for business growth and development. Here are six tips for managing small business variable expenses.

Read More →
Posted by: Charles P Myrick CPA Posted on: Aug 28 2020

What is the Best Business Entity for a Solopreneur?

What is a solopreneur, and what kind of business can a solopreneur form or develop? The term “solopreneur” is often used interchangeably with "entrepreneur," "freelancer," "self-employed" or "small business owner,” perhaps since all of them will likely have to pay self-employment taxes and file 1099 forms. While any of these terms may be simultaneously valid for your business, there are distinctions between them.

Read More →
Posted by: Charles P Myrick CPA Posted on: Aug 14 2020

What is Your Company's Cash Break-Even Point?

Do you know the cash break-even point of your business?  My experience with small businesses is that It can take time for them to become profitable. Working with a cash flow projection for your business can help you figure out when you can expect to financially turn the tides. Here's everything you need to know about determining your company's cash break-even point.

Read More →