All results
When you started your business , you may have been looking for ways to save as much as possible. Perhaps you’ve considered hiring an accountant but can’t seem to justify the extra expense. However, you could actually be saving your business money in the long run. Below are 4 reasons why you should hire an accountant for your small business. 1. SAVE MONEY Accountants are experts in taxes. That means when tax time rolls around, you’ll be able to save money through tax breaks and deductions. In fact, in a survey of about 400 small business owners, over half of them believed they overpay in taxes each year. That same survey showed that accountants are the most important professionals for small businesses — ahead of attorneys. 2. REAP BENEFITS FROM GOOD BOOKKEEPING There are likely lots of other things you’d rather do than perform the mundane tasks of collecting records, reconciling accounts, and everything else involved in bookkeeping. Hiring an accountant can save you from this work...
When lockdowns began in early 2020, Will Lee took the opportunity to go on a much-needed vacation. He went to Tulum, Mexico to decompress by the beach. While in Tulum, Lee booked a yacht experience with a local company and noticed something peculiar: the luxury yacht services didn’t seem to cater to Black customers. From there, he decided to curate an experience specifically for the Black consumer. This includes carefully selecting drinks, food, music, and experiences that Black customers want. According to Lee, the business took off rapidly, far exceeding his expectations. “Within the first month of operating, we were able to close over 30k in revenue,” he said. According to Lee, Yacht Club Company has already hosted several celebrity clients including Meg Thee Stallion, Trey Songz, and Johnny Venus of EarthGang. Now their three-man team — including co-founder, Jon Roberts, and head of partnerships, Ryan Fletcher — is setting their sights higher. “As we continue to develop our...