When business slows and you need to cut expenses, one option is to reduce staffing hours. Instead of doing this by laying off employees, consider instituting a four-day workweek with standard eight-hour days. Reducing wages and FICA by 20% can be just the medicine to help get your company through tough times.
For many remodelers, their accountant acts as a narrow-focused clerk. Good accountants, however, can be helpful advisers. With their specialized training, varied experience, and big-picture viewpoint, accountants make natural partners.
