Author: Shetland Financial

Investing | Personal Finance

7 Essential Habits in Wealth Management for Entrepreneurs
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What Does Wealth Management for Entrepreneurs Mean? Wealth management for entrepreneurs is the process of managing your finances to maximize wealth and achieve financial goals. From investing strategically to creating tax and succession plans, wealth management for entrepreneurs encompasses every step needed to financially manage a business and ensure its future growth. Overall, long-term financial health...

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Business Accounting | Business Tax | Investing | Personal Finance

Business Planning: How to Connect Your Data to Goals
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Data tells the story of your business, and goals give your business a benchmark to strive for. To get the most out of both, you should rely on them to work together for successful business planning. By connecting your data to your goals, you can make more informed and strategic decisions to help your business thrive....

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Business Accounting | Business Tax

Is Your Tax Plan Proactive or Reactive?
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While most people understand the importance of tax planning, many don't know the difference between a proactive and reactive approach. Most people are reactive when it comes to their income tax. They wait until the end of the year to gather all their paperwork and data, and then they take it to a tax professional...

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Business Accounting | Business Tax | Investing | Personal Finance

How to Approach Wealth Management for Business Owners
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Wealth management generally includes comprehensive investment management alongside financial advice, tax guidance, estate planning, and even legal assistance. It is vital for business owners because it helps them maximize the rewards of their efforts and success. Managing and building wealth is important because business owners do not usually have the same luxury of employee pension...

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Business Accounting | Business Tax | Investing

Critical Cash Flow metrics to Strengthen your Business
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Good cash flow is essential for a successful business; therefore monitoring and working to improve those cash flow metrics is crucial. The majority of small business owners struggle with cash flow and many fail because of it, but there are several cash flow metrics and KPIs that you can (and should) track to help. Cash flow...

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Business Accounting | Business Tax | Investing

How Profit Growth is Found in Your Accounting
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Are you happy with the profit your company is generating and its growth? Or, are you not exactly sure how to even find how much your profit grew year over year? Knowing your profit each year is a start, but if you're serious about growing your business, calculating key indicators such as profit growth is essential....

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Business Accounting | Business Tax

9 Things to Look For in Your Financial Reporting
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You’ve received your financial statements for the year. Now what?

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Business Accounting | Investing | Personal Finance

Becoming a Millionaire with $5 per day
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Becoming a millionaire doesn’t take a lot of money – just some discipline.

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Business Accounting | Investing | Personal Finance

Active vs. Passive Investing
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What is the difference between active and passive investing? Learn the pros and cons of each strategy.

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Business Accounting | Business Tax

Year-Round Accounting to Reach Your Goals
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How to build a financial system that helps you reach your goals.

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