News & Updates

Just be an LLC…right?  Part 3

Just be an LLC…right? Part 3

Succession Planning Another great reason to use an LLC is for succession planning. Simply put, I could own 100 different assets that I use to operate my business (desks, computers, equipment, buildings, etc.). What if I’m affected by death, disability or...
Just be an LLC…right?  Part 2

Just be an LLC…right? Part 2

Liability Protection Let’s have “the talk” about that liability protection. What kind of liability protection do you actually get from an LLC? Liability protection varies from state to state, but there’s an important fact that applies to ever...
Just be an LLC…right?  Part 1

Just be an LLC…right? Part 1

Best kept secrets about LLC’s LLC is an acronym for Limited Liability Company and in comparison to all other business structures it is the newest.  Despite being somewhat fresh to the commerce scene it continues to be the most popular choice among business...
Is my Credit Card Socially Responsible?

Is my Credit Card Socially Responsible?

I was recently in beautiful Gulf Shores, AL vacationing with my family (btw I would strongly recommend this destination) and taking in the bounty of the ocean.  We enjoyed warm waters, beautiful landscapes and fresh catches. My wife and I were at Fresh Market Seafood...
I gotta go….so what can I deduct?

I gotta go….so what can I deduct?

The new Tax Cuts and Jobs Act (TCJA) gave us some new rules to live by in many areas of the tax code but one in particular relates to entertainment expenses which are no longer deductible.  But what about similar expenses for meals & travel? Are you aware that...
Road Trip

Road Trip

For some of us, automobile costs are one of the top three costs in our business.  But no matter where automobile costs rank in your business, the cost remains one of the most common expenses among us business owners.  But for such a common expense, why are the tax...
What Is Working Capital?

What Is Working Capital?

Small business owners are great at knowing the product or service they’re trying to sell.  They’re familiar with terms and trends of the industry but that doesn’t always crossover into business-speak.  Has anyone ever asked you about your working capital needs?  Does...
How should I sell or buy my business?

How should I sell or buy my business?

There are two ways to sell or buy a business: asset or stock.  There are major differences between each approach and you should carefully consider the following objectives before inking a deal. Asset purchase An asset-based deal tends to favor the buyer because the...

It's time to make your numbers mean something to you.

 

Trevor has been such an asset to my business. He is always thinking long term and setting my business up for growth and to achieve my goals. As a small business owner it's great to have the ability to outsource my accounting to someone I trust and who always has my best interests at heart. 

Julie

Julie's Eats & Treats

Meeting with Trevor provided clarity for us in determining our next steps for growing our business.  His ability to help us remove the emotions and look at the data, gave us an organized, goal oriented plan of action.  Trevor's calm, supportive demeanor made us feel capable and ready to take our next steps. 

Cate & Tony

Empowered Living Company

We came to the firm for typical business accounting and tax service.  We went through an audit and we were so thankful for the records the firm kept over the years, but most surprising to us was how much Trevor cared about us and seeing our business succeed.  He consulted us as if our business was his own.  It is apparent to us the value Trevor's advisory services has for our business.  He has come right alongside us in strategy and planning with a true care to see us and our business succeed.  He brings a valuable financial and tax critical thinking skill set that has had a direct result in the growth of our business.

Ashley & Noelle

Legend Hockey Elite

Contact Us

4 + 9 =

303 Atlantic Avenue

Morris, MN  56267

 

Phone 320.589.4300

Fax 320.589.4308