Tag: Cash

Ask the Accountant

Harriet Gatter

Question: I am starting out as an ad specialty distributor. Is it better to set up my books on a cash or accrual basis for tax purposes?

That is a question to be answered by your CPA. As is the case with all tax laws, the answer is not cut and dry, or simple. It is contingent on many factors, such as how your business is structured, the amount of gross annual sales, and whether or not you inventory items.

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How to Keep the Cash Flowing in Your Promotional Products Business

Rosalie Marcus

In these uncertain economic times cash flow is more important than ever. Whether you’re a self-employed promotional products sales professional or working for a larger promotional products distributorship, you’ll want to be aware of key drivers of cash flow. Good cash flow directly impacts your income.
Today’s blog post will give you 9 proven strategies to get paid faster.

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