In this episode of the One Step Better Podcast, Mike and Matt discuss the often misunderstood topic of taxes, particularly why owing more in taxes can be seen as a positive indicator of financial success. They explore the mindset around taxes, the implications of tax brackets, and the importance of long-term financial planning.

In this episode of the One Step Better Podcast, hosts Mike and Matt delve into common tax mistakes made by businesses, emphasizing the importance of good bookkeeping and understanding tax structures. They discuss how negligence in data management can lead to significant tax errors and highlight the misconceptions surrounding tax strategies often seen on social media. As well as the necessity of effective cash management for small businesses to optimize tax benefits.

In this episode, Mike and Matt introduce the concept of The Client's Journey, focusing on simplifying financial complexities for business owners. They discuss the importance of accurate financial reporting, proactive tax planning, and understanding the market value of a business. They explore the need for accountants to provide more than just basic services, aiming to guide clients towards financial success and confidence in their business decisions.

In this episode of the One Step Better Business Podcast, Matt and Mike celebrate St. Patrick's Day while discussing the origins and growth of Patrick Accounting. They explore the importance of team building, company culture, and creating a fun work environment. The conversation focuses on the significance of connecting with employees and fostering a positive atmosphere in the workplace, especially during busy times like tax season.

In this episode, Matt and Mike discuss the common pain points that small business owners face when dealing with their accounting needs. They explore the importance of having a good relationship with accountants, the impact of tax surprises, and the necessity for professional help as businesses grow.

In this episode, Mike and Matt discuss the significance of being recognized as one of the best places to work in the Memphis area. They share insights on the application process, the importance of employee satisfaction, and how such recognition fosters a positive workplace culture.

In this episode of the One Step Better Business Podcast, Mike and Matt discuss the critical role of trust in business relationships. They explore how trust is foundational for client retention and satisfaction, emphasizing the importance of values, communication, and empathy in building and maintaining trust.

In this episode of the One Step Better Business Podcast, hosts Mike Shaeffer and Matthew Patrick reflect on their 20-year journey in business, discussing the lessons learned from early mistakes, the importance of financial management, and the challenges of navigating change and technology. They emphasize the significance of hiring the right people, the evolution of their business practices, and their goals for the future, highlighting the continuous journey of improvement and growth.

In this episode of the One Step Better Business Podcast, hosts Mike and Matt reconnect after a hiatus, and look towards the future.

Do you have a pulse on your team? Are your meetings purposeful and efficient? Today, Matt and Mike discuss the importance of regular check-ins and one-on-ones with your team members. Listen in for some tips on how to start your 2024 meeting cadences well!