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All small business owners understand the importance of maintaining a solid budget throughout the year. However, for those operating seasonal businesses, the process can be challenging. While working with an experienced CPA will allow you to make the most of your finances during a high-season rush, Linda M. Shiraiwa, CPA PS Inc. of Gig Harbor, WA, believes your success should extend beyond seasonal business.

Here are a few simple ways to keep your finances strong, even during the off-season:  

  • Keep Promoting Your Business: When it comes to operating a seasonal business, word-of-mouth and brand awareness will do wonders for your customer base. That’s why you need to promote your company, even when you’re not operating at full capacity. Stay in contact with your existing customers, get involved in your local community, and make sure people know to look for you when you’re open for business.
  • CPALook for Alternative Income: One of your biggest priorities as a seasonal business owner should be finding a way to make money during the off-season. Consider opening a complementary business that caters to many of the same clients. No matter what you decide to do to maintain a steady income, let a CPA handle your bookkeeping. That way, you’ll never have to worry about a missed tax deduction or payment.
  • Think Ahead to Next Season: If you know when your business will be at its busiest, use those times to your advantage. Start saving during peak season so you can rest easy when things get slow. Set up a budget with your CPA and look for ways you can cut costs. Many small business owners can save money by renegotiating terms with their vendors and retaining staff members season after season. After all, the less training your staff needs, the faster you’ll be up and running.

Don’t let seasonality prevent you from being as successful as possible; keep your business on track with help from a CPA like Linda M. Shiraiwa. Learn more about her tax return services online and call (253) 858-6030 to schedule a free consultation.

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