Finance

Basic Business Entities Explained

Quickly learn about the different business entities that are available to the businesses in the pond industry. You have heard them before – Sole Proprietor, Partnership, LLC, and Corporation. There are tax benefits/detriments to each of them. What will fit your business best? A 25-year veteran will wade through each of the choices and help you confirm your current status, or consider a change.

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Can You Afford Discounts

Should you provide discounts? What are the Pro’s and Con’s of discounting? You may even be able to profit by offering discounts. When a discount is offered to you by a manufacturer do you take advantage of it, and why you should or should not. Do you know what “2/10 net 30” means? Accounting may not be your forte, so learn from a 25 year accounting professional to help you make informed decisions.

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Tax Deductions – Advertising, Marketing, Entertaining and Deducting

Who wants to pay more taxes then they have to? Take a look at critical tax information compiled specifically for the pond industry. Learn from a 25-year tax veteran to take full advantage of available tax deductions. Learn how calculating things such as Web site development costs, mail list, marketing, and entertainment expenses can have a bonus impact on your bottom line.

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