Login to make your Collection, Create Playlists and Favourite Songs

Login / Register
S2 EP140: Small Business in a Complex Tax & Trade World - Profit Clarity in 2025
S2 EP140: Small Business in a Complex Tax & Trade World - Profit Clarity in 2025

S2 EP140: Small Business in a Complex Tax & Trade World - Profit Clarity in 2025

00:00:37
Report
Summary In this episode of Pay Play Profit, Jessica Mae Stafford discusses the complexities small businesses face in today's tax and trade environment. She emphasizes the importance of adaptability, strategic planning, and the role of technology, particularly AI, in enhancing business operations. The conversation covers various topics including tax strategy, the impact of tariffs, sales tax shifts, and the resilience required to thrive in uncertain economic times. Jessica encourages entrepreneurs to leverage tools like Profit First for better cash management and to maintain a human touch in their business interactions. Takeaways It's essential to stay flexible and adapt to changes every two weeks. Small businesses are crucial to the economy and should not be overlooked. Tax strategy involves planning and compliance, and it's vital to have a knowledgeable partner. Tariffs are a significant concern for many small business owners today. Understanding sales tax shifts is crucial for compliance and business operations. Resilience in business is intentional and requires grit. AI should be used as a helper tool, not a replacement for human interaction. Profit First is an effective cash management strategy for small businesses. Every decision made in business should be viewed through the lens of profitability. Maintaining a strong client experience is key to successful marketing. Sound Bites "Tax is strategy, planning, and compliance." "Tariffs are hurting small business owners." "Resilience is intentional." "Your client experience is your marketing." "AI is a helper tool, not a replacement." "Don't remove the humans from your business." "Every decision is a profit decision." Chapters 00:00 Welcome Back to Pay Play Profit 03:01 Navigating Small Business in a Complex Tax World 05:54 Understanding Tax Strategy and Compliance 09:11 The Impact of Tariffs and Trade on Small Businesses 11:50 Sales Tax Shifts and Economic Nexus 14:57 Resilience and Opportunity in Uncertain Times 18:04 The Role of AI in Business 21:08 Tactical Playbook for 2025 and Beyond 23:58 Final Thoughts and Call to Action Call To Action Schedule a Discovery Call with The Bottom Line® today - yes, Jess actually hosts the calls with our client prospects to ensure we have the best fit.  Let's talk!  Schedule your call now.  

S2 EP140: Small Business in a Complex Tax & Trade World - Profit Clarity in 2025

View more comments
View All Notifications