Adam Reynolds

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So far Adam Reynolds has created 25 blog entries.

Covid-19 Cash Flow FAQ

By |2020-05-12T10:57:22-04:00May 11th, 2020|Categories: Cash Flow, Covid-19|

Covid-19 Cash Flow FAQ     Q: What is your number one tip to improve cash flow?   A: There are many things that you can analyze on your balance sheet from accounts receivable and inventory to accounts payable. The most common improvement most companies can make is standardizing their invoicing and accounts receivable processes. Too often, [...]

Cash Flow Tools

By |2020-04-06T16:10:59-04:00April 6th, 2020|Categories: Business Wise, Covid-19|

If you are like many of the business owners that we work with, you are scrounging together how to maintain as much business as possible during these tough economic times and trying to keep up on all of the relief loans and programs all at once. We are overloaded with new information that comes out everyday [...]

Discussions & Decisions When Adding a Partner or Shareholder

By |2019-05-10T19:13:03-04:00February 26th, 2019|Categories: Business Wise|Tags: , , , , |

Adding a partner or shareholder is not simple.  As with any agreement involving money, spending the time having difficult conversations up front is well worth your time and energy.  A clear agreement avoids unnecessary conflicts that can sabotage or derail your business by taking energy from the business and focusing it on the conflict.  The typical [...]

To Niche or Not Niche

By |2018-11-30T21:12:47-05:00November 26th, 2018|Categories: Business Wise|Tags: , , , , |

You’ve heard it a million times. You hear the word niche and think “Oh that sounds great, but I can’t simply choose only one because I love working with all of my clients.” Then you brush it off and never think about it again. It is typically our emotions that prevent us from actually looking at [...]

Stop the Distractions!

By |2018-08-31T13:55:30-04:00August 28th, 2018|Categories: Business Wise|Tags: , , , , |

Distractions are everywhere. Plain and simple. Everyone has them. Whether it be issues in our personal lives, constantly reading through the barrage of emails, hiring and on-boarding that new hire or finding the perfect office space. We like to think that these distractions are minimal, but often, they are much more than we ever anticipated. Distractions [...]

Kentucky Tax Update | 2018

By |2018-09-26T15:21:55-04:00May 29th, 2018|Categories: On Our Minds|Tags: , , , , , |

On April 13, 2018, Kentucky legislation passed a new tax bill into law. Instead of reading the thousands of pages of the new tax law, which I know many of you enjoy dearly, I thought a summary of some of the main highlights would be useful. This does not include every single change in the tax [...]

What’s The Value?

By |2018-03-27T16:28:01-04:00March 27th, 2018|Categories: Business Wise|Tags: , , , , , |

We are a society obsessed with finding a “good deal”, which is why customers today place such a heavy emphasis on pricing. This leaves the business owner with plenty of questions: What should I charge? What profit will I achieve at $x price? How much is too much? Pricing has traditionally been reliant on a more [...]

It’s About More Than Taxes

By |2018-01-24T18:30:44-05:00January 24th, 2018|Categories: Business Wise|Tags: , , , , , , |

It is officially everyone’s favorite season of the year. No, I am not referring to one of the traditional four seasons; I am, of course, referring to tax season. It seems that every time tax season comes around, people tend to go into a frenzy. A slew of questions always arrive at this time. “How much [...]

What’s Holding You Back?

By |2017-11-29T20:47:46-05:00November 29th, 2017|Categories: Business Wise|Tags: , , , , , |

During a recent review of a prospective client’s results, he mentioned how disappointed he was in his outcomes.  Several years ago, he was on track to accomplish his goals, yet as we spoke, he wondered aloud if they were still attainable. He was working in the business every day and had just been assuming that his [...]