Cain Advisory Blog
Tips to Protect Your Email from Hackers and Scammers
Email is one of the most important communication tools for both personal and professional use. But it also comes with many risks. Phishing, malware, spam, identity theft, and data breaches to name a few. Protect your email and follow these tips Enable Two-Factor...
Retirement Plan Comparison Chart
As we approach the year end there are still some moves that can be made to maximize your tax benefits for having a business Retirement Plan. Please review the following Chart for the retirement plan options. The SEP IRA is the most flexible for establishing without too much rush to capture benefit for 2022.
Part One: New EV Tax Credits: Get a $7,500 Federal Tax Credit When You Buy an Electric Vehicle
There's never been a better time to purchase an electric vehicle! With recent changes in the Inflation Reduction Act - a multi-billion-dollar tax, climate, healthcare, and energy law, business owners like you have forty thousand new reasons to add an electric vehicle...
Six Steps to Starting a Business in San Diego
Are you looking to start a business in San Diego? Here are the basics on how to get started: 1. Make a Business Plan To begin, it is advised that you create a business plan before starting your business. The business plan will help you get organized and, if you are...
What is Payroll – Some Basic Things New Companies Need to Know
The Basics of Payroll Payroll is very complex. However, working as an intern at the Cain Advisory Group allowed me to glean some insight into how exactly payroll works. Let’s delve into the basics: (If you’re in a hurry, just scroll down to the bottom and read the...
For Profit or Not For Profit That is the Question
Should I declare my company as nonprofit or for-profit? Whether you should declare your company as a nonprofit organization or a for-profit company depends on the reason you founded your company. Why did you start your company: did you aim to serve a philanthropic...
An Intern’s Perspective at Cain Advisory Group
By: Sue Han and Alexa Fornes, current college interns Interning at Cain Advisory Group has been an entirely enriching experience for us. The unique package offered by Cain Advisory Group has exposed us to different facets of the business and legal world in a...
Customer Loyalty is Paramount in Building a Profitable Business.
Do you know the cost of client acquisition? Meaning, how much to you have to spend in advertising, networking, SEO, paying sales reps, CRM automation etc. to gain one new client? So why work so hard just to have them go to the competitor! You should only lose a...
How to choose your accounting services
Every dollar counts for business owners, so if you don't know where you stand on a monthly basis, you may not be around at the end of the year. And while using do-it-yourself accounting software can help monitor costs, the benefits of hiring good accountants extend...
Difference Between a P&L and Balance Sheet
I have been in business for the past 15 years and but only in the past one year have become more acutely aware of the how to best effectively run a business. And when I say ‘run a business’ I mean to understand your Profit and Loss Statements (P&L) and other...
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