Treasury

Don’t choke on the Noose

When is the last time you took an interest in your business’s taxes? If you are like most business owners you have left that up to your treasurer since you hired them. As long as it gets done then you shouldn’t need to worry about it, right? Wrong. There are a few things you should always know. Things like your business credit score, the tax form you are using front and back and everything in between, and which vendors you are using for your products at what time. This information is premium level intelligence and should not be forgotten by the owner no matter how many treasurers you have working for you. You never know when someone will move to another company and paying someone to play catch up with what you should know by heart is extremely annoying. The same advise can be given to your chief treasurer. Even if they have no plans in leaving the company the one handling that portion of the work may.