Padgett Business Services - Fargo

09/04/2026

Every business owner remembers the moment they realized something wasn't adding up.

Maybe it was scrambling to pull numbers together before a tax deadline. Maybe it was watching a good month on paper somehow turn into a cash crunch three weeks later. Maybe it was simply not knowing, with any real confidence, whether now was the right time to hire, expand or take on that next big opportunity.

The businesses that get past that moment aren't the ones that guess better. They're the ones that build a clear, accurate picture of where they actually stand, and use it to make every decision that follows.

So what does that picture actually include, and how do you know if yours is missing something important?

The full story's below.

Whether your goal is to improve cash flow, launch a new offering or expand, accurate data enables you to make decisions confidently.

08/21/2026

The Padgett golf team had a fantastic time out on the course yesterday! It was great meeting so many new faces, making connections, and enjoying a beautiful day together.

08/20/2026

The Padgett Team is out at the Perham Chamber Golf Tournament today! We’re excited to meet new faces, catch up with friends, and enjoy a great day on the course. ⛳️🏌️‍♀️🏌️‍♂️

08/19/2026

Penalties. Notices. Missed deadlines. Tax problems rarely show up one at a time, so what's the smartest first move when they do? 👇

Tax problems can happen to even the most organized business owners. Fortunately, you can get back on track by addressing them strategically.

08/07/2026

Running a business today means navigating a lot you can't control: inflation, shifting trade policies, cybersecurity risks, and a market that seems to change by the week. You can't predict every disruption, but you can get a clearer picture of how your business would hold up if one hit.

That's the idea behind stress testing. It's a concept that became well known in banking after 2008, but you don't need a complex regulatory model to put it to work in your own business. At its core, it's really just asking good "what if" questions: What happens to your cash flow if a major customer walks away? If borrowing costs jump? If a key supplier raises prices overnight?

A solid stress test looks across a few different areas:

1. Operational risks like supply chain issues, tech failures, or staffing shortages
2. Financial risks like cash flow gaps, credit issues, or rising interest rates
3. Compliance risks tied to changing tax laws and regulations
4. Strategic risks like new competitors or shifting customer preferences

Once you know where your vulnerabilities are, the real value comes from talking them through with your team and the advisors you trust, so you can build a plan before you actually need one.

Risk management isn't something you set once and forget either. Your business changes, your industry changes, and your plan should keep up.

Want to see how this actually plays out and what steps to take next? We broke it all down on the blog: https://bit.ly/4bzrGXf

07/29/2026

Nothing says "we're really doing this" like arguing over LLC vs. S corp with your business partner at 9pm on a Tuesday. Save yourselves the group chat spiral, we broke it down for you 😉

07/25/2026

Here's a little secret- you're probably not as behind as you think.

Bookkeeping has a funny way of getting pushed aside while you're busy actually running your business. Before you know it, you're digging through receipts, wondering when you last reconciled your accounts.

BUT, You can absolutely get back on track.

Our latest article shares where to start, how to prioritize, and why catching up now can make tax season (and running your business) a whole lot less stressful.

Read the full article below!

Running a business requires juggling countless responsibilities. Not surprisingly, bookkeeping often end up on the bottom of to-do lists.

07/15/2026

Reminder, small business owners! July 31 is an important deadline with a few key filings due. If applicable to your business, don't forget to... 👇

07/10/2026

Is it time to update your business’s strategic plan? If you haven’t conducted a planning session in a couple of years, your plan may not reflect today’s business environment. We've got tips on making the process easier and less time consuming.

Strategic planning isn’t meant to be a one-time exercise. Your plan should evolve with your business and the environment in which it operates.

07/01/2026

If your business finances feel completely out of control right now, read this.

First, take a breath. You are not the only business owner who has felt this way, even if it seems like everyone else has it figured out. The unopened envelopes, the login you have been avoiding, the quiet dread when someone mentions taxes. It is heavy, and it is a lot more common than anyone admits out loud.

And here is the thing worth saying clearly: feeling behind is not a character flaw. It usually just means you have been busy keeping the business alive, and the financial side got loud while you were not looking. That is it. No shame in it.

When you are ready, here is a calm way to start. Not all at once. Just one step.

1️⃣ Get a clear picture of where you stand. You cannot fix what you cannot see. Pull the numbers together, even messy ones, so you know what you are actually working with. Clarity, even uncomfortable clarity, is a relief compared to not knowing.

2️⃣ Focus on the most urgent priorities first. You do not have to solve everything today. Find the few things that truly cannot wait, like payroll, a looming deadline, or a bill with real consequences, and start there. The rest can line up behind them.

3️⃣ Ask for help before things get worse. This is the one most people wait too long on. You do not have to untangle it alone, and the earlier someone steps in, the more options you tend to have.

That is where our team can come in. We have sat with a lot of business owners on exactly this kind of day. No judgment, just a plan. If the picture feels like too much to face on your own, reach out. We will help you find the first step, then the next one.