News & Information Relevant to Your Financial Success
Contained on this page of our website, you will find news briefs relevant to the financial industry. This area is updated frequently, as we continue to provide our clients and visitors the most current information available.
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Latest Articles and News from Lesemann CPA
Growing Business, Growing Complexity? Here’s When to Call a CPA
How do you know when it’s time for your business to hire a CPA? Since every business is unique, there’s no one-size-fits-all answer. However, here are four key signs that might indicate it’s the right time to partner with Lesemann CPAs: 1. Lack of In-House Expertise...
More Than Just Taxes: Debunking the Biggest Myths About CPAs
We’ve heard it all when it comes to misconceptions about our profession. Let’s set the record straight: Hiring a CPA is only for big businesses. (Not true! Small businesses and startups can benefit immensely from CPA guidance, whether it’s choosing the right business...
Why Work with Lesemann CPAs?
“Am I missing any tax savings opportunities?” “Are my business goals on track?” “How do recent tax changes affect my business and personal taxes?” “Should I start a business?” “Where can I find answers about my finances from someone I can trust?” A CPA spends years...
6 Things to Consider if Your Business Is Facing a Margin Decline
All businesses go through cycles of expansion and contraction. With the closing of nearly 2,400 major national retail stores in 2023, we’re seeing a move away from brick-and-mortar to more convenient online shopping. Overall, retail sales increased 0.7% in July (when...
How To Plan for a Business Expansion
What is planning for business expansion? A growing firm often finds it necessary to expand the level of its operations. To accomplish this, the firm might acquire additional fixed assets, such as property, a plant, and equipment. Often, an expanding business will...
5 Questions To Ask When Forecasting Business Revenue
Forecasting is predicting the future, as in, the weather forecast says it will rain tomorrow. Forecasting business revenue refers to the process of estimating the level of sales that your company will enjoy over a given period of time. Forecasting business revenue is...
Guiding a Business through an Economic Downturn
By Jay Lesemann, CPA As of April 25, 2023, the National Bureau of Economic Research continues to stand behind its claim that the United States is NOT in a recession,* even if signs are pointing the other way. For example, the GDP growth rate in the fourth quarter of...
Thinking about Offering Health Insurance to Employees?
Are you considering offering health insurance to employees? Here's what you need to know. If you want to attract top talent and keep them, you may want to consider offering health insurance. In North Carolina, if you have fewer than 50 full-time employees, offering...
Is Your Business Susceptible to Employee Theft?
Learn what to look for to protect your business Employee theft rarely looks like the photo above. Instead, it's usually a pattern of stealing that quickly adds up! Many businesses do not have the checks and balances that an expert CPA would put in place to ensure...
The Business Plan
What is a business plan? Essentially, a business plan is the management and financial blueprint of your company. It is meant to serve as both your business guide and as a tool to help you attract investors. The plan should be comprehensive yet concise. It should...