Are you one of those “business owners” who feels they have to control everything even though you have hired capable resources to manage these things?
Small to Medium Size Businesses (SMEs) often suffer cash flow problems, which of course restricts future planning and growth. Profits may be strong, systems streamlined, and the internals of the business are operating efficiently, but cash flow is letting the side down.
Tax must be both accepted and properly managed for optimum results. Tax is one piece of a much larger picture of your business, and is dealt with accordingly. The key for business owners to understand is that paying more tax is a direct result of earning more profit. More profit equates to increased wealth, so a high tax bill is in fact the sign of a healthy business.
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