What You’ll Learn in This Post The difference between salary, owner’s draw, and distributions for small business owners How each method affects taxes, cash flow, and lending potential Common mistakes Tacoma and Pierce County business owners should avoid Practical tips...
What You’ll Learn in This Post: Thinking about bringing on a business partner? This post outlines the key factors to consider before making a decision, including equity splits, risk exposure, legal planning, and the long-term strategic impact. It’s essential reading...
What You’ll Learn in This Post In this post, you’ll learn how to turn business setbacks into opportunities for growth. We’ll cover why setbacks happen, what they can reveal about your operations and finances, and practical steps you can take to bounce back stronger....
No business is immune to ups and downs—but some financial issues start quietly and grow over time. Spotting warning signs early can give you a chance to course-correct before small problems become big ones. Whether you’re experiencing a shift in revenue, dealing...
Uncertainty has always been part of business ownership, but lately, it feels like the stakes are even higher. Whether it’s a slowdown in customer spending, rising costs, or economic headlines that seem to shift by the day, many small business owners across Tacoma and...
These Habits Separate Thriving Companies from Struggling Ones What successful small businesses do differently—and how to get there. In the day-to-day whirlwind of running a small business, it’s easy for financial management to slip into reactive mode. You’re...
