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Home » business planning

Articles Tagged with ''business planning''

Euro coins stacked on top of each other in different positions.
Guest Editorial | Ralph Sita, Jr.

When to invest in your contracting business

Striking a balance.
Ralph Sita Jr.
Ralph P. Sita Jr. CPA
September 13, 2024

After hard work, your contracting company is turning a profit. You need to decide when to invest some of that money back into the business, balancing saving and making improvements to stay competitive.


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Close up of saleswoman doing the checkout using a credit card reader and smartphone at a garden center. **DESIGN ON CREDIT CARD WAS MADE FROM SCRATCH BY US**
Service Plumbing Pros | Matt Michel

How should you handle merchant service fees?

Quit looking at merchant service fees as an expense.
Matt Michel
Matt Michel
August 9, 2024

Some customers prefer using credit cards, but accepting them means paying merchant service fees. Contractors may offer cash discounts or add an upcharge, so consider how to handle merchant services.


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PM Jan 2024 Matt Michel column opening image of businessman standing in front of large door with a view to the city
Service Plumbing Pros | Matt Michel

5 steps to building a strong banking relationship

In times of economic uncertainty, securing loans and lines of credit are critical for businesses.
Matt Michel
Matt Michel
January 8, 2024

A strong banking relationship is critical for securing loans and for establishing and maintaining lines of credit. Relationships are not built overnight. Here are the steps you need to build a good relationship with a bank.


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estate tax changes

Brad Williams: Recommended estate tax changes to make before 2022 ends

Five tips to be proactive with your estate tax.
Brad Williams
Brad Williams
April 7, 2022

The federal gift and estate tax exemption is currently the highest it has been since the tax was enacted over 100 years ago.


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