We get it. Running a small business means balancing a hundred things at once (things that are often on fire), and sometimes, the thought of investing in your own growth can seem like just another line item you canât afford right now.Â
But hereâs the thing: waiting too long to invest in your business might be the most expensive mistake youâll ever make.Â
Donât believe us? Keep reading to learn why âwaiting for the right timeâ to grow could be killing your businessâand your future success.
You know that saying âopportunity knocksâ? Well, sometimes it bangs on your door like a debt collector at 6 a.m. The longer you sit back and play it safe, the more youâre leaving money and growth on the table. And letâs be honest: in the world of small business, time is money.Â
That prime real estate location youâve been eyeing? Someone else just snagged it.Â
The new equipment you need to streamline production? Its price just went up.Â
The next wave of customer de...
One of the routes to financial independence is via real estate. To fully appreciate the value of real estate participation is to utilize the tax benefits associated with real estate investing.
This week we are revealing one of the best-kept secrets in America!
The benefits of a Cost Segregation Study are undeniable. Cost segregation is a tremendously beneficial and widely used tax strategy for residential development and commercial property owners. This technique can significantly reduce taxable income, which in turn increases cash flow - formerly a tool used by the largest accounting firms and real estate owners. It has become routine among almost every size business! Nearly every person who owns or operates any type of real estate can benefit from using Cost Segregation!
Â
By identifying and placing the various individual assets purchased in a real estate transaction into their proper shorter 5, 7, or 15-year depreciation lives (rather than on a 39-year life fo...