by Henry H. Jones, CPA, CVB | Oct 15, 2013 | 1 Freedom - Financial
As parents, one of our greatest concerns is how we will pay for our child’s higher education, especially when we realize that financing education will cost at least $100,000 for each of our children, and that is just the college or university fees. While we hope to...
by Henry H. Jones, CPA, CVB | Sep 30, 2013 | Transition Planning
Although you might think that you can delay planning for your retirement, the truth is that you cannot. If you want to be able to afford a long happy retirement and you have not already started to prepare for it, don’t delay another day – start now! How much...
by Henry H. Jones, CPA, CVB | Sep 12, 2013 | Transition Planning
“Hey Dad – thought you’d like to see the Facebook page I’ve set up for the business!” “Facebook! I thought I told you that I didn’t want to know about that social media rubbish. The business has survived fine without it in the past and will continue to do so in...
by Henry H. Jones, CPA, CVB | Sep 9, 2013 | Accounting, Bookkeeping
If you’re using the wrong accounting method for your business, it could cause some big problems with your accounts, profits, and taxes. Now, bear with us, because we’re going to get a little technical here when it comes to accounting terminology. Don’t despair –...
by Henry H. Jones, CPA, CVB | Aug 28, 2013 | Accounting, Bookkeeping
When you start your own business, doing your own bookkeeping is just one of those things that you do, like responding to potential customers or stocking inventory. It’s not too difficult – a few invoices here and there, filing receipts, doing the bank reconciliation,...
by Henry H. Jones, CPA, CVB | Aug 23, 2013 | 1 Freedom - Financial
In the final post of our business funding series, let’s move on to the specifics of a well-prepared business financing plan that will support your request for funding—and your ability to get it. How do you go about gathering all the business information and financial...
by Henry H. Jones, CPA, CVB | Aug 16, 2013 | 1 Freedom - Financial
Now that (from our previous posts) you know about the wide range of funding available, it’s time to take a look at the process of securing that funding. Whether you decide to go with debt or equity financing, there’s a universal factor involved in being approved. Your...
by Henry H. Jones, CPA, CVB | Aug 12, 2013 | Transition Planning
A couple of weeks ago I visited Toronto, Canada to attend “The Role of the Most Trusted Advisor” course, an intense four day professional development program offered by “The Success Care Program”, a division of BDO Canada. I attended the program to learn...
by Henry H. Jones, CPA, CVB | Aug 9, 2013 | 1 Freedom - Financial
In our last post we talked about debt and equity financing (or funding), and which you might want to consider. Now we’ll branch out into some more detail on the types of debt and equity financing, so you can be better informed for your business. Debt Financing Used...
by Henry H. Jones, CPA, CVB | Aug 2, 2013 | 1 Freedom - Financial
As almost every business owner now knows, bank loans have long been the traditional source of business support, but things are different now. With a tough economy that is just now starting to get back on its feet (depending who you listen to or believe!), many...
