Quote of the Month:
“Money is a terrible master but an excellent servant.” —P.T. Barnum
Tax Tip of the Month
Finance Tip of the Month
If you don’t have a bookkeeper, you are the bookkeeper—and you’re probably doing it wrong and definitely overpaid. Outsourcing your bookkeeping isn’t just about saving time—it’s a decision to invest your energy in higher-value, revenue-generating work that actually grows your business.
Your Breakaway Growth Navigator
In June, we kicked off a series on the key elements of building a strong business financial foundation. But last month, we hit pause to bring you urgent updates: Congress moved faster than anyone predicted, and the Big Beautiful Bill—focused on broad tax reform—passed at record speed.
Now, we're back on track.
This month, we’re diving into the first key element: Clean Books – The Foundation for Good Financial Fitness.
Before you can plan your route, you need to know where you're starting from. That means clean, accurate, and timely financial records—what we call financial visibility. Without it, you're pedaling uphill with a flat tire and no GPS.
So what are “clean books”?
They’re:
Accurate – Transactions are correctly categorized, making reports meaningful and maximizing deductions
Complete – No missing data from accounts, cards, loans, or payroll
Timely – Updated regularly (monthly!)
Reconcilable – What’s in your books matches what’s in your bank
Why it matters
With clean books, you can spot overspending early, plan for taxes, pay yourself with confidence, and make strategic decisions based on real numbers—not gut feelings.
Think of your monthly close like a bike tune-up: it keeps your business running smooth and fast. It doesn’t take forever—you just have to schedule it.
Pro tip: Block time each month to review your financials. It might feel inconvenient in the moment, but it will give you clarity, confidence, and control.
Next month: We’ll show you how to read your financial dashboard (P&L, balance sheet, cash flow)—without feeling stupid.
Client Story of the Month
We started working with a client who was in year 2 of a new business venture. The business is doing well, and we’re working with the owner to convert their pass-through LLC to an S Corporation and maximize pass-through entity tax deductions, which will result in an ongoing tax savings of approximately $16,000 per year.
New Around Here
Johanna Monterroso is our new Operations Coordinator. She is the friendly face (and voice) behind the scenes, keeping our team organized and our clients taken care of. With a background in Business Administration and a passion for problem-solving, she’s here to make sure everything runs smoothly—from scheduling and data entry to making clients feel right at home. Welcome, Joanna!
Who do you know that needs our services?
We're accepting new clients for...
1. Proactive accounting, tax & advisory
2. Tax resolution
3. Forensic accounting and fraud investigations
Who do you know that needs our services? Let us know--we're happy to help!
A Question for You
Are your books helping you make smarter decisions—or just stressing you out?
Until next month,
Your Red Bike Advisors Team
About Red Bike Advisors
We're on a mission to equip small business owners with finance and tax insights that create exponential value for their companies, customers, employees, and families. From compliance to advisory, we take the confusion and scramble out of business finance and tax strategy and bring in clarity, growth, and peace of mind.
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