Happy New Year!

As business owners start into the New Year we wanted to provide some tips to help your business thrive – The 5 Rules for 2025.

     Rule 1: Cash Flow Management is Non-Negotiable

     Rule 2: Price for Profit, Not for Popularity

     Rule 3: Build a Team That Scales With Your Vision

     Rule 4: Spend Wisely to Grow Strategically

     Rule 5: Master Your Numbers to Master Your Business

P&L Business Solutions was a contributing author to this ebook published by Relay Bank to help our business clients Thrive in 2025. You can obtain more details on these tips by clicking here to download the booklet.

In never ending saga of the BOI reporting requirements, current new deadline for business owners to file with the US Treasury department is now Jan 13th. If you have not yet filed this form and are waiting until the last day you may want to keep up with the last developments to see how this plays out in the courts. https://www.jdsupra.com/legalnews/new-deadline-for-fincens-boi-report-is-5461904

As always, feel free to reach out if you have any questions or concerns about your business and upcoming 2024 tax preparation.

About P&L Business Solutions

At P&L Business Solutions, we provide Business Coaching, Fractional CFO Services, and Customized Bookkeeping to our Business Clients. Our Goal in this Monthly Newsletter is to provide overall General Business Information and Tips and Tricks in using QuickBooks Online. Please give us a call at (804) 561-1600 if you have any questions or if there is anything we can help you with. P&L Business Solutions would love to help your Business be the Thriving Business You Desire!!

P&L Business Solutions

www.PandLBusiness.com

(804) 561-1600