Blog Page
Cloud Computing Benefits and Risks for Pikes Peak Businesses to Consider
In the olden days, Pikes Peak business owners kept track of their records by hand in the old reliable notebook or ledger. So what an innovation it must have seemed to move business information to a floppy disk that could plug into a computer.The disks got smaller (and...
Thom Gearhart’s Latest Updates on Small Business Tax Deductions
One thing you can expect from me come rain or shine is to keep you in the loop on changes to all things tax-related. This week is no exception.There are some important changes to small business tax deductions rolling out, and not all deductions apply to all Pikes Peak...
Ransomware Defense Steps to Protect Your Pikes Peak Business’s Computer Systems
No matter your line of work, your computer might be one of your most glaring vulnerabilities ... and it's one that too many Pikes Peak business owners I've worked with don't fully address.Even if you work with your hands, and you're a sole practitioner (a contractor,...
A Small Business Growth Strategy for Pikes Peak Business Owners
We really loved watching the Olympic games the past few weeks. There was so much to see, be inspired by, and even something to learn about growing a small business.Yep, you read that right. Hear me out…It’s so hard to appreciate the amount of training and work that...
A Financial Systems Check-Up For Your Pikes Peak Business
Your Pikes Peak business obviously makes and spends money. The pluses and minuses add up (you hope) to being able to stay in business, and a look at the books tells you if your Pikes Peak business is doing okay or headed for trouble.What are your books telling YOU?In...
Thom Gearhart’s Insights on Reducing Business Expenses
No matter how far around the block customers are waiting, in business, only one line counts.The bottom one.That’s why reducing business expenses is critical.Getting a grip on the costs of doing business brings you benefits both short- and long-term. “Cost controls”...
Thom Gearhart’s Business Negotiation Skills FTW
Alright Pikes Peak business owners, we’re going to move aside from tax-related things today (though there will be PLENTY to talk about as Congressional plans unfold) ... and circle back into the nitty-gritty of how business works and share with you some business...
Thom Gearhart’s Insights on Financial Planning for Business Owners
Last weekin the start of my series on financial planning for business owners, I got a little carried away by all of the talk of "independence." So, I took the opportunity to ask you a simple question:Are you achieving the independence you want in your business?But...
Thoughts on How Pikes Peak Business Owners Can Achieve Business Solvency
With our nation celebrating its 245th birthday on Sunday, and all of this talk about "independence" flying around, I have a question for you -- one that I think you should think hard about:Are you achieving the independence you wanted in your business?As you know,...
Thom Gearhart’s Tips for Creating a Business Disaster Plan
The past year and a half has been stressful for everybody in Pikes Peak. And I would argue it’s been doubly so for Pikes Peak business owners.The thing is though, these things happen. Quite regularly. Maybe not global pandemics, but disasters in general.So, as the...
Thom Gearhart’s Tips for How to Raise Your Prices Properly
Did you hear the news from last week’s inflation report?Consumer prices increased more than 5% between May 2020 and May 2021.Given the Federal Reserve’s 2% inflation target, that’s a pretty steep increase.Have you taken a look at your own cost of doing business...
Thom Gearhart’s Tips for Building a Business Emergency Fund
Pretty sure I've said this before.I'll likely say it again, too.If there’s one thing the past year has taught business owners, it’s that the "unexpected" can occur at any time.Managing your Pikes Peak business during good times is hard enough; rough times make it all...