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Author Archives: Sherrell T Martin

How to Avoid Paying More Taxes Than You Have To

Financial Management, TaxesBy Sherrell T MartinMarch 15, 2015Leave a comment

Every year a gazillion tax preparers and tax accountants lock themselves in a room from mid-January until April 15th and push out as many tax returns as they possibly can. Tax returns that show you how much money you owe Uncle Sam or how much he owes you if you’re lucky.  Included with your return,…

Tax Mistakes Every Business Owner Makes

Financial Management, TaxesBy Sherrell T MartinMarch 6, 2015Leave a comment

Every person in the world feels that they do not have to do right by the tax man.  So why would you think someone running a business would be any different?  Every day business decisions are made that revolve around cash flow and who always gets the short end of the stick?  The owner’s salary…

How smart is your money

Is Your Money SMART?

Budgeting, Business Management, Financial ManagementBy Sherrell T MartinFebruary 25, 2015Leave a comment

Everyday we wake up and go to the office to earn a paycheck. Whether it’s a paycheck as an employee or a paycheck as the owner of our own company. Our goal is to make income/money so that we can support our families. And maybe even a little entertainment as well. All work and no…

Metrics That Boost Your Bottom Line

Cash Flow, Financial ManagementBy Sherrell T MartinFebruary 17, 2015Leave a comment

In order for your business to grow you need to be monitoring your metrics. You cannot expect your business to magically take flight if you have no idea what is going on in it.  And by going on I don’t mean just in operations because that is just one side of the house. You need…

Legal Lessons Learned That Can Blow Your Bottom Line

Business ManagementBy Sherrell T MartinFebruary 17, 2015Leave a comment

During the past year some of my clients along with myself have experienced some legal woes that have had major effects on our bottom-line. These lessons range from small to large. The bottom line is as a business owner you have to be sure that you protect yourself. You have to be sure that you put…

GUEST POST: 8 Accounting Mistakes That Are Causing Your Business To Lose Money

Guest BlogsBy Sherrell T MartinJanuary 24, 20152 Comments

Accounting is one of the most important aspects of any growing business. Keeping abreast of all the financial developments in your company is difficult but necessary for a lot of reasons. Organization, of course, is key to the success of any accounting department. Even if your company doesn’t have an established accounting department, it’s important…

5 Quick Tips To Prevent Year-End Payroll Drama

Business Management, PayrollBy Sherrell T MartinJanuary 8, 2015Leave a comment

Well it’s that time of year again – Tax Time! And the very first filings that have to be done are the quarterly returns for the last quarter of last year.  You also need to prepare and distribute W-2s and 1099s.  Before you start preparing these forms you need to get a few ducks in…

5 Quick Cash Flow Tips for Your Biz

Cash FlowBy Sherrell T MartinJanuary 5, 2015Leave a comment

Small business owners struggle with one thing consistently – cash flow.  And cash is the life blood of your business.  Without good cash flow management skills your business will suffer because you will miss due dates on bills and you won’t be able to make payroll. And as a result you will be completely stressed…

What I Learned About Starting My Business

Business Management, My ThoughtsBy Sherrell T MartinDecember 27, 2014Leave a comment

Starting a business is no easy task.  Regardless of what anyone tells you or shows you, don’t believe the hype.  Regardless of what you see on social media, don’t believe the hype. See I knew better than to believe the hype but I did anyway.  I tried to mimic and do what I saw others…

5 Signs You Are Ready to Upgrade to an Accounting System

Financial Management, Software SolutionsBy Sherrell T MartinDecember 8, 2014Leave a comment

The past couple of months I have been approached by several business owners looking to get QuickBooks.  And some of the questions they always ask are “Why can’t I keep using excel?” or “Do you really think I need to get QuickBooks?” To which I always answer is “Um YES!” Using an accounting software awards…

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