Running a propane company comes with its own set of rules – both across the industry and in one’s internal bookkeeping. Between fuel taxes, seasonal cash flow, equipment depreciation, and customer accounts, there’s a lot to track. That’s why having a certified public accountant (CPA) who knows how propane businesses work is more than just… Continue reading The Propane CPA Advantage: Less Stress, More Strategy
Running a propane business requires careful financial management. While the industry provides steady demand, poor financial decisions can put even the most established companies at risk. Avoiding these common financial pitfalls can help business owners maintain profitability, improve cash flow, and keep their operations running smoothly. Ignoring Cash Flow Management One of the biggest financial… Continue reading Financial Mistakes Business Owners Should Avoid
Dealing with taxation in the propane industry can be somewhat tricky, because every state has its own set of rules. Here’s how to stay on top of your taxes and successfully manage these state-to-state differences in order to keep your business operations running smoothly. Know the Basics Each state has its own tax structure for… Continue reading Mastering Taxes: Navigate State Rules Like a Pro
