Business Tips

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Choosing the Best Sales Compensation Model for Your Business

A strong sales team is the driving force of most small to midsize businesses. Strong revenue streams are hard to come by without skilled and engaged salespeople.

But what motivates these valued employees? First and foremost, equitable and enticing compensation. And therein lies a challenge for many companies: Choosing the right sales compensation model isn’t easy and may call for regular reevaluation. Let’s review some of the most popular models and note a recent trend.

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How to Evaluate and Undertake a Business Transformation

Many industries have undergone monumental changes over the last decade or so. Broadly, there are two ways to adapt to the associated challenges: slowly or quickly.

Although there’s much to be said about small, measured responses to economic change, some companies might want to undertake a more urgent, large-scale revision of their operations. This is called a “business transformation,” and under the right circumstances, it can be a prudent move.

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Russo CPA Tax Tips Businesses can save taxes by acquiring and placing assets in service by year end

Business Owners Must Get Comfortable With Financial Statements

Financial statements can fascinate accountants, investors, and lenders. However, they may not be real page-turners for business owners.

The truth is each of the three parts of your financial statements is a valuable tool that can guide you toward reasonable, beneficial business decisions. For this reason, it’s essential to get comfortable with their respective purposes.

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Russo CPA Tax Tips Caution On Hold

Many Business Tax Limits Have Increased in 2025

Various tax-related limits affecting businesses are indexed annually based on inflation. Many have increased for 2025, but with inflation cooling, the increases aren’t as significant as they have been in the last few years. Here are some amounts that may affect you and your business.

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How Flash Reports Help Companies Tackle Financial Uncertainty

Managing the financial performance of your business may sometimes seem like steering a ship through treacherous waters. Perhaps your voyage goes smoothly for a while until, quite suddenly, you hit a concerning dip or abrupt swell — either of which creates considerable operational pressure.

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Embrace the Future: Sales Forecasting for Businesses

So, how are sales looking for next year? It’s not a rhetorical question. Your business should be able to look ahead and accurately estimate how its future sales are shaping up. This practice is called sales forecasting, and doing it well is key to better managing your company’s financial performance.

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Prepare for Resilience with a Business Continuity Plan

Companies without a disaster recovery or business continuity plan need only consider the aftermath of recent hurricanes. News reports estimated property damages from Hurricane Helene alone last year to be more than $59.6 billion, plus disruption of untold businesses and services.

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