by Royer Advisors | Dec 11, 2024 | Business Plans, Deductions
As a Maine-based small business owner, you may be wondering how much can be deducted on your tax return for vehicle expenses. There are two basic ways to figure this out: The first is the standard mileage method. This provides a basic deduction for mileage and...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning
Fraud within a small business used to be rare. But now, many different types of organizations are falling victim to internal fraud. The good news is that while no anti-fraud system is infallible,there are things that small business owners can do to reduce the risk of...
by Royer Advisors | Dec 11, 2024 | Business Plans, Deductions
A natural disaster is always bad news for a Maine-based small business, but sometimes a tax break can be salvaged. A hurricane, earthquake, tornado, fire, flood, or storm usually means that business owners can claim a casualty loss deduction on their tax returns....
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans
It can be very intimidating for Maine-based small business owners to seek out a bank when they need a business loan. Bankers obviously want to minimize their risks, and usually small business owners need the loan because they are trying to do something which could be...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Financial Planning
As a Maine-based small business owner, it’s important to be aware of two things. One is the break even point for every customer or client. The second is the status of all business prospects. If these two things are unknown, it might be time to consider the following...
by Royer Advisors | Dec 11, 2024 | Business Plans
As a Maine-based small business owner, you know how important location is. Before choosing a location, you looked into things like foot and car traffic, as well as the occupancy rates of neighboring buildings. However, it is just as important to research the local...
