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100 WAYS: #7 Limit Expense Authority to Upper Management
– March 29, 2010
Only upper management with purchasing authority should be approving orders for supplies, products, goods, etc. ...
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100 WAYS: #6 Start Signing All Checks Personally
– March 24, 2010
Start signing all checks personally and question every expense. "Why am I paying this amount and what am I getting for it?" ...
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100 WAYS: #5 Profit is a State of Mind
– March 22, 2010
Profit needs to be the goal of the entire management team, not just the CEO. Financial goals should be measurable, specific and understood by the key management team in order to relate them to the bottom line. ...
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100 WAYS: #4 Recover Tax Overpayments by Carrying Back this Year's Loss
– March 17, 2010
During this economic downturn, certain companies are going to experience a loss and will be able to carry it back three years for tax purposes. This might be the time to start thinking about maximizing the current year loss. ...
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100 WAYS: #3 Recapture Estimated Income Tax Payments
– March 15, 2010
Often businesses will pay quarterly estimated taxes based on the previous year's tax liability. However, if your company is losing money in the current tax year, you do not have to wait until after year-end to get your estimated taxes refunded to you. ...
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The Roth IRA: To Convert or Not to Convert
– March 9, 2010
Responding to widespread demand for better access to Roth IRAs, the federal government is lifting some restrictions on them and giving a tax break to those who choose to convert a conventional IRA to a Roth IRA in 2010. ...
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HMV Launches 100 WAYS Series
– March 9, 2010
Heard, McElroy & Vestal is committed to helping our clients improve their profitability. Throughout the next year, we will expound upon ways to increase business profitability in our 100 WAYS: The Profit Enhancement Process series. ...
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100 WAYS: #1 Identify Profit Centers, Keep the Winners, Lose the Losers
– March 9, 2010
Your company needs to determine which products and services are the winners and which are the losers. To do this, you must: ...
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100 WAYS: #2 Be a Hands-on Manager
– March 9, 2010
A good manager must have mastered the concepts of responsibility, authority and accountability. ...
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HMV Merges with Monroe CPA Firm
– March 9, 2010
Heard, McElroy & Vestal, LLP is pleased to announce its merger with Monroe CPA firm Martin, Harrison & Smallwood, LLP. With this merger, Heard, McElroy & Vestal adds three new partners and strengthens its number of employees and presence in Northeast Louisiana. ...
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