Budgeting

The Importance of Cash Flow Management (and How to Excel at It)

The Importance of Cash Flow Management (and How to Excel at It)

Embrace the new year with 5 Financial Resolutions for Small Businesses: Strengthen cash flow, minimize debt, maximize savings, cultivate financial literacy, and set realistic financial goals. With Lighthouse Advisory's guidance, illuminate your path to a year of financial triumph and beyond, transforming your dreams into substantial victories.

5 FINANCIAL RESOLUTIONS FOR SMALL BUSINESSES

5 FINANCIAL RESOLUTIONS FOR SMALL BUSINESSES

Embrace the new year with 5 Financial Resolutions for Small Businesses: Strengthen cash flow, minimize debt, maximize savings, cultivate financial literacy, and set realistic financial goals. With Lighthouse Advisory's guidance, illuminate your path to a year of financial triumph and beyond, transforming your dreams into substantial victories.

Strategies to Maximize Deductions & Decrease Taxable Income

Strategies to Maximize Deductions & Decrease Taxable Income

Explore strategic territories such as retirement contributions, charitable contributions, and end-of-year expenses/purchases to maximize deductions and reduce taxable income for your business. With meticulous preparation and strategic foresight, make your path towards tax season not just manageable, but rewarding too. Lighthouse Advisory will guide you every step of the way.

Your Trusted Guide to Budget Setting - Mindset, Strategies, and Benefits

Your Trusted Guide to Budget Setting - Mindset, Strategies, and Benefits

Setting an annual budget illuminates your business's financial landscape, paving the way for informed, strategic decisions. Adjusting your budget as you sail through the year prepares you for unforeseen storms and sunlit opportunities alike. Consider your budget the north star for your financial goals—steadfast, guiding you while you measure your progress. Comparing actual performance against your plans is like adjusting your navigation on this journey. At Lighthouse Advisory, we don't just guide you. We're your dedicated crew, helping keep your business on a successful course.

7 Steps to Increase Business Profits

7 Steps to Increase Business Profits

Let’s walk through my 7-step framework to help you increase your business profits. With a few strategic tweaks, you can have more money in your pocket without any fancy marketing funnels.

How to Create Your Business Budget

How to Create Your Business Budget

Whenever I’m chatting with a business owner and I say the B-word, I almost always see a cringe in response. What’s the B-word!?

Budget, of course.

Your business budget can help you take your business to the next level and it can also save you from the lows. Let me share a little more about what your business budget can do for you as well as tips for creating your budget.

Paying Your Taxes as a Small Business Owner

Paying Your Taxes as a Small Business Owner

As a business owner, you work really hard and wear multiple hats (and scarves and shirts) to make everything work. You deserve to enjoy the fruits of your labor and live well without feeling stressed come tax season or hoping there’s enough money to pay yourself each month. There’s a better way to manage your business cash flow without increasing sales.


So you have a budget, what's next?

Whether your business is 30 days or 30 years old, at some point you most likely thought about developing a budget to keep your expenses in check. Your budget should not just be a static object to adhere to, but rather a fluid management tool used to measure your progress against targets.