Tuesday, February 18, 2014

Changing Taxes and Your Bottom Line

The tax structure in the United States changes all the time. It affects small and large businesses, festivals, non-profits, educational institutions and individuals. For instance, an effort is afloat where I live for professionals (CPAs, lawyers, etc.) to charge sales tax.

As a result, if you hire one of these, you'll need to be prepared to pay more. Where do you get the money? You increase your fee, find new ways to make money and find new customers or sponsors.

It's important to keep up with legal changes and budget accordingly.

MARKETING TIP: If you have to increase your rates, feel free to explain why.

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