As we enter 2021 and kick-off a new year, it's time to start thinking about your taxes. As a small business owner, especially if you are a small business owner that operates as an independent refinisher, knowing how to approach your taxes can mean the difference between breaking even and making a profit. The following is a look at few key tax tips we recommend as you start to organize your finances for tax season.
You may feel like you don't deserve to raise prices or are afraid that even if you do, that you will lose out on future refinishing jobs. All of these are valid concerns but there will come a time when raising prices becomes necessary. The following is a look at a few key signs that it's time for you to buckle up and start charging your clients more.