As a small business owner, you’re battling on a lot of different fronts right now. You’re doing your best to keep employees happy, raise prices without driving away customers, pivot to alternative supply options as your current ones dry up, adjust for changing tax laws, etc, etc, etc. We small business owners always seem to bear the brunt during economic downturns. And because we’re the backbone of our economy, it… Read More
The Art of Raising Prices for Atlanta Small Businesses
The unfortunate reality of things right now is that businesses across the board might need to raise their prices. Inflation’s increasingly pervasive effects, as well as continued supply shortages, demand that pricing models change – or at least be re-evaluated. And while everyone “gets it” that prices are rising everywhere, the customer still may be unhappy about it… and tempted to seek out cheaper alternatives. But before I start on… Read More
Raises and Inflation: Atlanta Business Owners, Listen Up
Everywhere I turn there’s a Atlanta business with a “Now Hiring” sign in the window. Are you seeing this too? Staffing is an issue in every industry across the country. Part of that? Making money isn’t the only reason people want a job. 2020 certainly shifted priorities. Even if you could throw more money at a phenomenal potential hire, it’s not a guarantee that would be enough to entice them… Read More
Mark Perlberg CPA PLLC’s Fighting Inflation Series: Taking Out a Business Loan
Today I want to start a series on how small businesses like yours can fight inflation. Because I know that’s one of the top concerns for businesses across the country right now. But I’d also like to know… How’s your business faring? I’m genuinely interested in how things are going and what concerns are topping your list right now in the midst of inflation and the looming recession. The pandemic… Read More
Why is Account Reconciling important?
Time to discuss everyone’s favorite topic: BANK RECONCILIATION! Reconciling is a fundamental accounting process to maintaining accurate, compliant and complete records. in fact, we will not accept clients’ unreconciled records. Reconciliations ensures that money amounts received and spent is the same across all your accounts, banking credit card account, etc. Whether the regular reconciliation interval is weekly, monthly, or quarterly: Good Reconciliation Protocol Will: Quickly Identify fraud and/or theft from… Read More
The Word on Payment Methods for Atlanta Businesses
…payment methods! Try to come up with one thing that’s more important to your Atlanta business than taking in revenue smoothly. Yeah, I couldn’t, either. And making sure that revenue is coming in becomes almost an obsession when you’re feeling the squeeze of inflation on your profit margins. Though talk of recession is hanging in the air, it doesn’t mean you have to passively wait for its effects. You can make… Read More