Knowledge Base2025-12-23T00:11:54+00:00

Tax & Accounting Insights for Irvine, CA. Expert Guidance from Bharmal CPAs

Wisdom from the Oracle of Omaha

Warren Buffett is one of the richest people in the world, so his advice on money should be worth heeding. Here, in his own words, are some of his tips and aphorisms on saving, investing, and spending: PLANNING. “Someone’s sitting in the shade today because someone planted a tree long ago.” SPENDING. “Price is what you pay; value is what [...]

Categories: Small Business Consulting|

Set the Right Course With This Formula

If you’re like most ambitious people, you’re always trying to get more done. The secret is paying attention to what you want to achieve. Follow this GPS formula: G: Goals. Write down what you want to accomplish so it’s clear and detailed in your mind. Make sure your goals are specific—include deadlines for completion, and metrics for success. Don’t overload [...]

Categories: Small Business Consulting|

Not in Sales? These Tips Will Still Help You Succeed

Even if you are not personally involved in selling, you can learn a lot about success by following the advice of top salespeople. Here’s some wisdom from legendary sales guru Tom Hopkins on the Inc. website: Manage your time - Plan your day so you don’t waste a minute on unproductive activities at work. Spend the first few minutes of [...]

Categories: Small Business Consulting|

Cruise Around Mental Blocks

Sometimes the ideas just don’t seem to flow. You can’t just give up, but the mental block seems insurmountable. Instead of trying to crash through, try these tactics for getting around it: Freewriting. Open up a blank document and write whatever comes into your head for a few minutes. Don’t go back and change things, and don’t censor your thoughts, [...]

Categories: Small Business Consulting|

Get Your Team Excited About Innovation

Innovation is the key to a healthy organization’s growth, and as a small business owner and boss, you should get your team members involved as much as possible. Here’s how to tap into their creativity: Define your objectives in simple terms. Don’t make innovation a mystery by shrouding it in statistical language or marketing jargon. Express what you’re looking for [...]

Categories: Small Business Consulting|

Where There’s a Will, You need a Plan

It sounds like the setup for a joke: A rich uncle dies and leaves you a fortune. But what happens next in real life? A financial windfall, large or small, needs to be managed well. Here are some tips on what to do if you come into some money: Stash it away. Put the money away for at least six [...]

Categories: Small Business Consulting, Taxes|
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