Continue growth heres how to raise prices for your service based firm in 2022

Continue Growth! Here’s How to Raise Prices for Your Service-Based Firm In 2022!

Investing

Every year we are asked by our clients, “how can I raise prices in the new year to support growth and curb inflation?”  When you are a service based firm, it is easy to get stuck in a rut of keeping the same prices year-over-year. However, year-over-year you are not the same firm.  You are growing and you need to sustain that momentum while complementing your added intrinsic value. To keep a steady balance, evaluate competitive costs within the market, the demands of employees, and internal services with billings.   Now let’s get started with raising those prices. Remember Warren Buffet’s

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Home Office Deduction

Investing

For the last year and a half, we have been making adjustments to the way we work. The pandemic has made working from home more common lately so it is important to capitalize on your home office deduction.  Calculating Methods To start, make sure to find a space in your home that is exclusively dedicated to your working environment.  After you have your dedicated space setup, you can calculate a “simplified” home office deduction. You can start off with two different methods. The first method is on the easier side where you do simple multiplication. Gather the square feet of

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How to coach yourself through investing in a bear market (tips from Guidline)

Accounting, Investing

Logistis’ #1 choice for retierment planing is Guideline. Guideline is on a mission to help every small business offer a 401(k). And to help participants create a retirement they can look forward to. Guideline syncs with Gusto to take care of plan administration, and offers low-cost mutual funds. And unlike many 401(k) providers, they don’t charge any additional fees on investments. Learn more about Guideline 401(k) plans here. As is such, we are reposting this Guideline atricle by NICOLLE WILLSON, J.D., CFP®, C(K)P® 24.JUN.2020. “When you decide to invest your money, you are balancing how much risk you want to

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