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Preparing for Unexpected Expenses:  Building a Rainy-Day Fund for Your Business

Preparing for Unexpected Expenses: Building a Rainy-Day Fund for Your Business

by Joshua Ott | Oct 29, 2025 | Bookkeeping, Budgeting, Tax Planning

What You’ll Learn in This Post Why every Tacoma business needs a cash reserve for unplanned expenses How to determine the right size rainy-day fund for your business Practical ways to build and maintain those reserves over time Common mistakes business owners make...
Financial Metrics Every Tacoma Business Owner Should Track

Financial Metrics Every Tacoma Business Owner Should Track

by Joshua Ott | Oct 21, 2025 | Bookkeeping, Budgeting, South Sound Spotlight

What You’ll Learn in This Post The key financial metrics that tell the full story of your business’s health. Why tracking these numbers helps prevent surprises and improves decision-making. Practical ways to use metrics to strengthen your cash flow and long-term...
The Hidden Risks of Commingling Business and Personal Funds

The Hidden Risks of Commingling Business and Personal Funds

by Joshua Ott | Oct 7, 2025 | Bookkeeping, Budgeting, Tax Planning

What You’ll Learn in This Post Why mixing personal and business funds causes serious tax and legal headaches. How commingled accounts can undermine your business valuation and credibility. Simple, practical steps to keep transactions clean and compliant. How Tacoma...
Bookkeeping Basics Every Startup in Tacoma Should Know

Bookkeeping Basics Every Startup in Tacoma Should Know

by Joshua Ott | Sep 16, 2025 | Bookkeeping, Tacoma Community

What You’ll Learn in This Post Why bookkeeping is a critical foundation for startups in Tacoma and Pierce County. Common mistakes new business owners make when setting up their books. Four bookkeeping basics every startup should establish right away. How local support...

Quarterly Reporting in Washington: What Small Business Owners Need to Know

by Joshua Ott | Sep 9, 2025 | Bookkeeping, South Sound Spotlight, Tax Planning

What You’ll Learn in This Post Why quarterly tax and wage reports are required for Washington State employers.  The difference between “zero payroll” and “zero hours” — and why it matters for compliance.  Key information you’ll need to include in your filings to avoid...
Cash Flow Crunch? 5 Strategies to Stay Ahead Without Taking on Debt

Cash Flow Crunch? 5 Strategies to Stay Ahead Without Taking on Debt

by Joshua Ott | Sep 3, 2025 | Bookkeeping, Budgeting

What You’ll Learn in This Post Why cash flow is one of the most common challenges for Tacoma and Pierce County business owners. How forecasting can give you an early warning system for potential shortfalls. Practical ways to tighten up invoicing and speed up customer...
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Recent Posts

  • How an Emergency Fund Supports Better Business Decisions
  • Financial Blind Spots: Areas That Rarely Get Attention Until There’s a Problem
  • How to Use Last Year’s Data to Make Smarter Decisions in 2026
  • Financial Questions Every Business Owner Should Ask—But Often Doesn’t
  • Systems Insight: How to Tell If Your Financial Systems Are Keeping Up With Your Business

J. Ott Business Solutions

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Tacoma, WA 98405
(253) 569-0362

Accounting Services | Payroll | Quickbooks | Bookkeeping |
Tax Prep | M & A – Mergers & Acquisitions
​Serving all of Pierce County Washington and the Pacific Northwest

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