Do I Really Need To Worry About Balance Sheets Or Cash Flow Statements? I got this question in my Profit First For Microgym group and I wanted to answer it for all of you. It was noticed that Profit First is very income statement driven, so what do you need to do with the balance sheet? Let’s talk about this! The First thing you…
Here’s a story about two microgyms we work with. We’ll call the first one Multigym LLC. Multigym LLC is in a major U.S. city. At the time of writing, the two owners had four locations earning more than $1 million in revenue. The second gym we’ll call Singlegym LLC. Singlegym LLC is in a small market. It has one location and…
Today, we are excited to have a conversation with some folks from Wodify. What’s Wodify? It’s an amazing company that I am sure many of you have heard of. If not, I am very happy to be the one introducing them to you! One of the things we look at when we’re helping gym owners stay in business and reach profitability is how…
If you ever stress about how much your tax bill is going to be then THIS will solve that immediately. Most of you know Incite Tax does CrossFit. That means we’re smart and “fit”… or at least pursuing it. I bring this up because I had an interesting experience today at the gym. If you’re not familiar with CrossFit you have a group session where…
Incite Tax & Accounting is a Certified Public Accountant (CPA) firm with offices in Draper, Utah. With over 10 years of experience handling business taxes for large and small Utah companies, Incite Tax is one of the most qualified business CPA firms in all of Utah. No matter your tax needs, Incite Tax is the firm for the job.
Incite Tax believes in sticking it to the IRS. If you’re looking to better your financial situation contact us!
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