The difference between the success and failure of a startup is a clear understanding of business finance. With that in mind, the Odoni Partners team compiled this list of key financial ratios for startups. Read on to learn more about startup accounting. The Key Financial Ratios for Startups Burn Rate This ratio centers on the…
Inventory Mistakes That Can Cost Your Business As a business owner, inventory is one most important aspects of your company. Without enough stock, you could have unhappy customers and lose business. If you have too much, you could lose money in storing your excess capital. If there is one area that causes companies to succeed...
Tax season is upon us! It’s the time of year us mere mortals are tasked with decoding the alphabet soup that is IRS tax forms. There is the potential that things can sound even more confusing once you are no longer filing just a standard tax form.
Creating a successful start-up involves completely understanding your financial landscape. In order to do so it is important to be able to create forecasts and projections for your startup.
When running a small business, you come across a lot of jargon being tossed around. You may hear words like “profit” and “profitability” and mistake them to mean the same thing.
As everyone is trying to learn new ways to manage the COVID-19 effects on their personal and professional lives, many businesses are trying to learn how to navigate monthly closing remotely.
While there may still be some time before the tax filing deadline of April 15th, it is important to have all of your tax documents in order ahead of time.
The auto dealership industry is already a competitive and confusing market to begin with, so it’s even more frustrating when you miss out on hard-earned money you’ve worked for.
Small business owners—especially those just starting out—have a habit of ignoring detailed accounting, in many cases running the finances of the business in much the same way that they manage their personal checkbook.
The Patient Protection and Affordable Care Act (P.L.111–148), (as amended by the Health Care and Education Reconciliation Act of 2010 (Pub.L. 111-152), contains a 3.8% net investment income tax (NIIT), that will impact estate and trusts, starting in 2013.
The financial services of Odoni Partners LLC have played a vital role over the course of decades. In fact, we consider them to be part of our company’s extended family. There is no CPA we would trust and recommend more than Odoni Partners LLC.
David C.
Our Loyal Client
Odoni Partners LLC is a tremendous asset in tax planning and business evaluation. Their integrity, team strengths and balanced approach, combined with their experience with the Tax and business formations, have made them a valuable consultant and resource in building our companies.
Cheryl Hoste
Our Loyal Client
I’ve worked with many advisors and consultants over the years and Odoni Partners LLC has stood out. Their loyalty while we built our business from nothing shows their ability to recognize potential, to have a vision for the future, and to serve as a guide during growth.