GRF Financials

04/01/2026

12/26/2024

I’m spending extra time in the office tonight making sure our financials are in order to close out the new year strong.

12/13/2024

How to budget for accounting fees.

08/07/2024

I want to be your CPA!! Learn about our services, Virtual CFO, Cleanup, and Accounting System Audit.

08/03/2024

Are you on the fence about getting monthly accounting support? Not sure if it’s right for you? Maybe a different service would fit your business better. Take my specially designed quiz to figure out what’s best for your brand. The link is in the bio 💰

06/28/2024

Accounting real life examples
a look at
Glitz and Glamour Beauty Supply
Based out of New York City, Glitz and Glamour Beauty Supply specialized in selling beauty products. Despite its initial success, the company encountered significant trouble due to tax-related issues.
Tax Evasion
The owner of Glitz and Glamour Beauty Supply was found guilty of tax evasion. The company had underreported income and sales to avoid paying the appropriate amount of taxes to both the state and federal governments.
Legal Consequences
The owner faced criminal charges for tax evasion, resulting in a court case. In addition to fines and penalties, the owner received a prison sentence. The penalties for the unpaid taxes, along with the legal costs of defending against the charges, placed a substantial financial burden on the company. The business had to pay back taxes, interest, and substantial fines.
Want to ensure you avoid tax evasion? Schedule a call to learn more about our Virtual CFO services.
901-728-2412 [email protected] www.GRFfinancials.com

DM for scheduling link!

06/27/2024

How can you reduce next year’s Tax Bill
• Keep Updated Books - Attempting to pull all of your expenses together last minute is the easiest way to miss something. Monthly tracking will ensure expenses and revenue are captured timely when you are most aware of them.
• Estimated Payments - Being a business owner means no one is paying federal or state taxes on your behalf. Make sure that you are submitting your estimated taxes in order to avoid a huge bill in April padded with penalties.
• Taking Advantage of Tax Saving Strategies - The worst thing a beauty brand can do is attempt tax savings AFTER the year has ended. Meet with your tax professional throughout the year to properly plan.
If you are looking to reduce your tax bill next year, schedule a call to learn more about our Virtual CFO services.
901-728-2412 [email protected] www.GRFfinancials.com

DM for scheduling link!

06/26/2024

I tried to make an Instagram reel FIVE TIMES!! At this point, I’m just going to go to sleep and try again tomorrow. 😡

06/12/2024

A look at
BEYOND MEAT
 
Price strategy
Beyond Meat, a leader in the meat substitution market has “Pricing” one of the company’s top five priorities
 
Margin improvements
In a time that major companies are announcing price cuts, Beyond Meats is taking a different stance. They plan to increase prices and cut costs to improve margins.
 
Major Change
Historically, Beyond Meats provided lower pricing to attract customers. However, the market is changing, as there are more budget friendly meat alternatives available. The higher pricing helps brand them as a luxury alternative.
 
Will this work??
We will have to see upcoming financials to measure the success of this strategy.

Looking for guidance in your own pricing strategies? Contact GRF Financials today!
901-728-2412 ♟️💰[email protected]