Expenses or Profit, Which is will you choose? The answer should be easy!

Many times advisors concentrate on the Income Statement, emphasizing expenses as a way to reduce net income and taxes.  These tactics reduce your income and hence taxes.  We port forth the notion that maximizing profit is a noteworthy goal!  Yes, one will pay taxes but have a greater income as a result.

Expenses or Profit, Which is will you choose? The answer should be easy! Many times advisors concentrate on the Income Statement, emphasizing expenses as a way to reduce net income and taxes. These tactics reduce your income and hence taxes. We port forth the notion that maximizing profit is a noteworthy goal! Yes, one will pay taxes but have a greater income as a result.

Expenses or Profits, Which Will You Choose? (EP03)

The Beacon, sponsored by OmniStar Financial Group, provides Business Strategies, Tactics and Insight for Clinical Practices.  Our goal is simple; provide actionable knowledge and insight curated from the industries top performers to illuminate blind spots and accelerate your practice growth.  If you are ready to add rocket fuel to your practice, tune in here!

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The Beacon, sponsored by OmniStar Financial Group, provides Business Strategies, Tactics and Insight for Clinical Practices. Our goal is simple; provide actionable knowledge and insight curated from the industries top performers to illuminate blind spots and accelerate your practice growth. If you are ready to add rocket fuel to your practice, tune in here!

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Expenses or Profits, Which Will You Choose? (EP03)

Expenses or Profits, Which Will You Choose? (EP03)