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Patrick Accounting Blog

Retirement to Fund Your Business

Should You Tap Into Retirement to Fund Your Business? An Analysis of ROBS

By Matt Patrick / April 19, 2024 / Comments Off on Should You Tap Into Retirement to Fund Your Business? An Analysis of ROBS

Explore the pros and cons of using ROBS (Rollover for Business Startups) to fund your business. Is it the right path for your entrepreneurial journey?

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Tax Season with Confidence

Embracing Tax Season with Confidence: A Guide for Business Owners

By Kelli Lewis / April 11, 2024 / Comments Off on Embracing Tax Season with Confidence: A Guide for Business Owners

Discover how to tackle tax season with confidence. Patrick Accounting shares expert tips for business owners on approaching taxes with ease.

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Tax Advantages for Small Businesses

S Corp vs LLC: Which Offers Better Tax Advantages for Small Businesses?

By Matt Patrick / April 5, 2024 / Comments Off on S Corp vs LLC: Which Offers Better Tax Advantages for Small Businesses?

Explore the key differences between S Corp and LLC tax advantages to determine which entity structure offers the best tax benefits for your small business.

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Balance Sheet for Small Business

How to Understand a Balance Sheet for Small Business

By Matt Patrick / March 21, 2024 / Comments Off on How to Understand a Balance Sheet for Small Business

Break down the parts of your balance sheet to simplify and differentiate your assets, liabilities, and equity and steer your small business toward financial success. 

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Income Statement as a Small Business

How to Understand Your Income Statement as a Small Business

By Matt Patrick / March 15, 2024 / Comments Off on How to Understand Your Income Statement as a Small Business

Simplify your income statement as a small business by differentiating between profit and cash flow so you can make informed financial decisions for long-term success.

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20 Years

Reflecting on 20 Years

By Matt Patrick / December 21, 2023 / Comments Off on Reflecting on 20 Years

After 20 years, let me share with you how I started Patrick Accounting. I talk about the challenges I faced, the opportunities I seized, and the lessons I learned along the way. From starting with just a few clients to growing into a thriving practice, I discuss the ups and downs of entrepreneurship and the importance of perseverance. Join me on this journey as I reflect on the blessings and hard work that have shaped Patrick Accounting.

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Discovery Call

What to Expect During Your Discovery Call with Patrick Accounting  

By Shelby Betts / December 8, 2023 / Comments Off on What to Expect During Your Discovery Call with Patrick Accounting  

Get ready for a productive discovery call about your business’s financial needs. From avoiding startup mistakes to discussing pricing plans, Patrick Accounting is here to streamline your accounting tasks.

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Strategy Session with Patrick Accounting

What to Expect During Your Initial Strategy Session with Patrick Accounting  

By Shelby Betts / December 7, 2023 / Comments Off on What to Expect During Your Initial Strategy Session with Patrick Accounting  

Discover a streamlined approach to outsourced accounting with Patrick Accounting. Our initial strategy session, whether in-person or virtual, is designed to simplify your financial processes. From addressing crucial questions to gaining system access, we’re here to make your onboarding seamless. Partner with us for a journey to financial clarity and success!

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Who is a Good Fit for Patrick Accounting?

By Shelby Betts / October 13, 2023 / Comments Off on Who is a Good Fit for Patrick Accounting?

When I was fifteen, I began my first “real job” selling denim at The Buckle in my hometown. I’ll never forget one of my first lessons at the Buckle – the importance of helping a customer find the perfect pair of blue jeans. We learned about the quality of denim, how to size up someone…

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How to Boost Your Profit With Parkinson’s Law

By Matt Patrick / November 13, 2018 / Comments Off on How to Boost Your Profit With Parkinson’s Law

Do you remember when cell phone plans weren’t unlimited? You may have had unlimited nights and weekends but only a few hundred minutes for the rest of the month. If you were like me, you kept a constant eye on minutes because going over your limit cost a ton of money! It also meant staying…

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