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CYPRESS CONSULTING - Accounting & Business Management Specialist
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What Lenders Look For On Your Tax Returns
New Leasing Standards
Marketing Tips
Interested In Greening Your Small Business?
Avoid Business Failure

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What Lenders Look For On Your Tax Returns

What Lenders Look For On Your Tax Returns

If you’re applying for a short-term loan with a repayment period of 18 months, the lender

will be much less interested in your tax return than in your bank statements and

deposits. The debt won’t be outstanding for all that long, so these lenders just want to

make sure that you’re pulling in enough revenue to cover your daily or weekly

payments.

If you’re applying for a loan with a longer term, the lender will be interested in your

business’s profitability. They want to make sure you’re making money over the long

New Leasing Standards

There are new leasing standards that could affect your business. 

http://www.accountingweb.com/aa/standards/new-lease-accounting-standard-to-bring-pain-to-many-companies 

If these new standards affect your business, call Cypress Consulting today for our professional experience and knowledge in leases!


Marketing Tips

Marketing can be compared to running a race.  It's better to do a little of it on a consistent basis than to do too much all at once. The running comparison is if you're out of shape and try to run 10 miles at once, you just make yourself sore and less likely to get out there again the next day. On the other hand, a short run a few times a week is much more likely to produce results – and the next day, you can go a little further.
 
REMEMBER THIS: There is nothing you can do to turn around your image overnight.

Interested In Greening Your Small Business?

     If you're not sure where to start and what sustainability measures are right for your company, here's some insight to help you decide which green initiatives will pay off for your business and which may not be worth the time or expense.

Start with the Obvious – Use Less of Everything and Track Savings  
     Using less of everything – water, electricity, fuel, paper, printer ink – makes common sense. Similarly, ask yourself some basic questions: Can I recycle?

Avoid Business Failure

The sad fact is that over 50% of small businesses fail.  You want to avoid becoming part of that statistic.

In addition to hiring a reputable bookkeeper/accountant, here are 5 things to look for in order to help you do just that:

1. Ineffective accounting. Poor money management is one of the key reasons small businesses fail.  This can manifest itself in a variety of ways.  For example, a business can falter when the owner insists on doing the accounting him/herself when that is 

Outsourcing is Growing

Financial Outsourcing Services are growing 8% annually - virtual services are on the rise and Cypress Consulting is your premium provider!  Let us take the worry off your hands.  It will be done right and you will have peace of mind.

Building Business "in the Cloud"

I’m sure you’ve heard about ‘the cloud.’ As far as technology is concerned, it’s a big deal and lots of people are talking about it. If you’re uncertain how it works, here’s a brief, albeit watered down, explanation:
Rather than relying on a local server, cloud computing provides professionals with access to a network of remote servers, hosted on the Internet, that enables them to store, manage, and process data.
While that may not sound like such a big deal, it means that you can access your data, including some software, from just about anywhere you want using your device of choice: desktop, laptop, tablet, SmartPhone.

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