Blog

The big, emergency SBA loan programs for small businesses (like yours) that were launched (PPP) and expanded (EIDL) over the last couple of years are moving back from the radar or wrapping up.That said, there are still great options for funding your Menard...

Your car dashboard tells you how far you’ve driven and how much gas is left in the tank. Your smartphone has a button to tell you how much space you’ve got left after taking all those pictures of the kids. Your bank’s all too happy to show you a report on how your...

And the books turn over.As we step over the threshold into 2022, we're all staring at much lower numbers in our P/L's. It's a new slate, and the possibilities are endless.What will you do in 2022? That's the question of the hour ... and it has much less to do with...

Before I dive into some year end tax strategies Menardbusiness owners can and should be making, I want to address some rumors and misinformation about the SALT workarounds that are available to some of our clients (though not all).Essentially, 22 states (as of this...

Whether you like it or not, you’ve most likely found yourself in a fight against inflation. Somebody hikes prices on your supplier and suddenly your supplier has no choice but to increase the price on you. Then you have no choice but to raise the price on your...

It's Wednesday the 23rd, as I put this together, and many of our clients and friends are gearing up for a very different kind of holiday week.I'm very aware that while the holidays are a time of joy for many, they are just as often a time of pain for a significant...

There are many of our clients for whom this time of year is like their version of the Super Bowl. Some Menard businesses are earning 30-50% (or more) of their yearly revenue in this one month.Others ... well, this is a normal month -- except of course for all of the...

Blink, and we're already into December.Which also means… 2022 is right around the corner.Are you ready?The reason I put this so starkly is that you and I have less than 30 days left to make a tangible difference on your taxes (business or personal).For your business...

“It was the best of times. It was the worst of times.” I think we can agree that Charles Dickens’s famous lines ring true when looking back at 2020 and 2021 (though “best” might seem like a stretch).With employees shifting their worlds to make room for new priorities,...

The shape of your business affects your future and when I'm talking about the "shape," I of course am referring to your Menard business entity type.Did you know that you CAN change that after the fact? Depending on which entity you are switching to, the process can be...

How’s your client/customer list faring these days?If you’re like every other business around you, you’ve got some churn happening. People move, change jobs, experience a shift in financial circumstances … the list goes on. Even in predictable economic times (remember...

Your employees are happy, right? They’re never going to leave you ... right?They’re not looking for another Menard job ... uh ... right?You know what the answers are: Maybe, wrong, and I sure hope not.Sooner or later, the advantage will swing back to you, the boss who...