Who’s Watching Your Back?

On July 19th, 2011, posted in: E-News by 0 Comment

“You don’t know what you don’t know” is an important lesson I learned long ago. There is so much information out there that no one can keep up on everything, even when it is something that’s important to you and your business. Sometimes you feel like you’re doing good if you can just to keep up with what’s happening in your own industry! That’s just one of the reasons that you as a business owner should have a team of professional partners who are in place to support and advise you.

The partners that I’m talking about include an attorney, a banker, a CPA, a financial planner, and an insurance agent. Having great support and relationships established in these areas is vital to business success. These are the trusted advisors who will watch your back.

It’s amazing sometimes how rapidly things change. It used to be that there was a certain time of year when decisions were made on certain rates and regulations that impact business owners. You watched for them, you found out what they were, and you moved ahead. Not so anymore. In an effort to deal with the effects of our economic downturn, government agencies have been changing rates, rules, and regulations that impact business owners.

If you aren’t watchful, you might miss them. That’s where your trusted advisors come in. This month we are advising our clients (and you!) about 3 changes that will impact their businesses through the end of 2011. See the articles that follow for the good news and bad news for business owners.

Rest assured that as other changes happen in the accounting arena that will impact your business, we will do our best to bring them to your attention in a timely manner. It’s our pleasure and privilege to be watching your back!

 

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