Chad Plettl - Financial Services LLC

Chad Plettl - Financial Services LLC Reeling in success for your business- monthly accounting services to keep you up to date.

MYTH:“If there’s money in the bank, the business is profitable.”FACT:Profit and cash flow are NOT the same.A business ca...
05/26/2026

MYTH:
“If there’s money in the bank, the business is profitable.”

FACT:
Profit and cash flow are NOT the same.

A business can show a profit on paper and still struggle to pay bills. On the other hand, a business may have money in the bank temporarily because of loans, delayed expenses, or unpaid taxes.

That’s why understanding your numbers matters:
✔️ Profit
✔️ Cash Flow
✔️ Expenses
✔️ Accounts Receivable
✔️ Debt

Your bank balance only tells part of the story.

Do you review your financial reports monthly?

Signs that you may need to hire an accountant?• Growing business complexity• Tax filing stress• Cash flow issues• Don't ...
05/12/2026

Signs that you may need to hire an accountant?

• Growing business complexity
• Tax filing stress
• Cash flow issues
• Don't have time for bookkeeping

Professional support can save time, money, and stress.

If you need an accountant, I would like to help you grow your business.

Send me a DM.

With tax season over (unless you filed an extension), here is a list of things that you can write off and can't write of...
05/04/2026

With tax season over (unless you filed an extension), here is a list of things that you can write off and can't write off.

✅ You CAN write off:
1. Business supplies (office items, software, tools)
2. A portion of your home office (if used regularly & exclusively for work)
3. Business-related travel (flights, hotels, mileage)
4. Marketing & advertising costs
5. Professional services (like accountants, legal help)

🚫 You CAN’T write off:
1. Personal expenses (even if you sometimes use them for work)
2. Everyday clothing (unless it’s a required uniform)
3. Commuting to your regular workplace
4. 100% of meals & entertainment (rules are strict here)
5. “Guessing” expenses without records

If you have any questions, send me a DM.
https://www.cpfinancialservicesllc.com/

Your Numbers Are Trying to Tell You SomethingWhen I meet with business owners, I’m always surprised how many don’t know ...
04/27/2026

Your Numbers Are Trying to Tell You Something

When I meet with business owners, I’m always surprised how many don’t know their numbers.

And I get it—bookkeeping and financials can feel overwhelming.

But knowing your numbers helps you:

✔️ Make better decisions
✔️ Increase profitability
✔️ Take control of your cash flow

If you’ve ever felt unsure about your financials, let’s talk. I’ll help you understand what your numbers are really saying.

Send me a DM or visit my website: https://www.cpfinancialservicesllc.com/

04/08/2026

Just finished filing your business taxes? Most people think the work is done… but this is actually the best time to prepare for next year.

Everyone feels relieved after filing, but the best businesses start planning now.

This is when you:
- clean up books
- track deductions
- plan tax strategy

If taxes felt stressful this year, now is the time to get ahead so next year is simple.

Let me handle your books and expenses while you focus on your business.

Taxes are due in 14 days. April 15th is right around the corner.If you haven't already, now is the time to get your taxe...
04/03/2026

Taxes are due in 14 days. April 15th is right around the corner.

If you haven't already, now is the time to get your taxes finalized and filed. Waiting until the last minute only adds stress and increases the chance of mistakes.

Get it done, get it off your plate, and move forward with confidence.

04/01/2026

If only it worked that way 😅

In reality, not tracking your expenses is one of the fastest ways to lose money in your business and create problems at tax time. Please don't do this.

Contact me, and I can help you track your business expenses so that you don't have to worry about them.

When a client tells me they have peace of mind knowing their business finances are handled, that means more than anythin...
03/30/2026

When a client tells me they have peace of mind knowing their business finances are handled, that means more than anything. Starting and running a business is already a big responsibility. Your books shouldn’t add more stress to it.

I’m grateful for the trust my clients place in me. Helping business owners feel confident and stable in their finances is what CP Financial Services is all about.

03/27/2026

Q2 is the perfect time to check in on your business finances. You’ve got a full quarter behind you now, which means real numbers to work with.

Here are a few things to focus on this quarter:
• Review how Q1 actually went and adjust your plan for the rest of the year
• Check your cash flow so you know what’s coming in and going out
• Make sure you’re tracking deductions like mileage, equipment, and home office
• Set money aside for taxes so there are no surprises later
• Clean up your books, receipts, and recurring expenses
• Prepare for the busy months ahead, especially if you’re a seasonal business

A little planning now can save a lot of stress later. If you want help getting organized and planning ahead, give me a call.

Address

Fargo, ND

Website

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