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National Small Business Week

5/1/2024

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Happy National Small Business Week!

Okay, you probably didn’t even know this was happening. I suppose it is not the most celebrated of fake holidays (It’s tough for anyone to hold a candle to February 22 – National Margarita Day) but it is a real thing and something that we wanted to give a little time to in our world.

After all, small business is even part of our name, it is what we do.

And since it is what we do, it does only feel right that a week is chosen to spotlight these businesses, giving a little extra time and attention to hopefully get them a little extra success.

For you see, part of why we love what we do is the help that we can give others. If our clients succeed, then we succeed. And one of the toughest parts of starting a small business is that many of them are not started by businesspeople. Instead, what usually happens is that someone has a passion that they wish they could turn into a career and find an angle to start a business to do that.

But how do you even set up a business?

How do you get paid once you have set up a business?

How do you keep track of your finances once you are getting paid?

Does filing your taxes change when you are a business?

The fact that these questions exist makes a lot of sense. How can you be expected to know something when you have zero experience with it before then?

Possibly unfortunately, many new small business owners try to tackle these issues themselves. It is not as if one can’t find these answers and implement them perfectly, but it takes time and that is something one may not be able to afford while trying to do all the other things involved with running a business. And many of those other things you must do, well, those are the ones you felt passionate about in the first place and actually wanted to do.

Now of course, to seek help from others to take care of these tasks does get a business owner back that time, but it costs money, which is something that can often feel in short supply when just starting up. This can be a tough push-and-pull situation without easy answers.

But for anyone out there reading this, if you do reach a point where it will be worth partnering with someone who is willing to commit to your excellence alongside you, we are always happy to help.

Warmly,

Josh Bousquet
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To ensure we don't make the folks at the IRS ornery, we inform you that any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein.

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