At My Fiscal Office we started using the term “zombie expenses” to refer to those expenses our clients don’t realize they are paying month after month.
Category Archives: Business Strategy
Navigating Cash Flow Challenges: Tips for New York Small-Business Owners
At My Fiscal Office, we’ve seen many business owners struggle and identified recurring themes that might sound all too familiar.
Navigating Cash Flow Challenges in Your NY Small Business: A Practical Approach
Cash flow woes – they can be a real headache, right? Through my years of working with clients, I’ve noticed that these problems usually boil down to two main issues. Either there’s a fundamental flaw in the business model, or it’s a matter of timing. Whenever I step in to assist clients, these are the key areas I focus on. And let me tell you, I always keep debt as the last resort.
Navigating a Recession or Market Correction
This checklist is really helpful for navigating a recession or market correction. It includes strategies that are especially useful when market valuations are low, like Roth conversions and gifting strategies. Plus, it offers ways to handle tighter cash flow. By focusing on these strategies, you can steer the conversation away from concerns about the future and towards opportunities to make the most of the current market conditions.
What To Consider When Starting A Business in New York
When starting a business, it is important to ask the right questions up front and to identify issues that are likely to arise.