Running a business in Space City means dodging more than traffic on I-10. Houston’s rapid growth, hurricane-season swings, and the May 15 Texas Franchise Tax deadline can create sudden cash crunches that sink even promising ventures. In fact, 82 percent of small businesses fail because of cash-flow problems. (U.S. Chamber of Commerce)
Below are the slip-ups we see most often—and the simple ways SAS Tax & Business Solutions’ Start-Up Membership keeps your bank balance healthy month after month.
High sales feel great, but deposits often lag behind invoices. Vendors still want to be paid on time. When owners focus only on the P&L, they miss the weekly ebb and flow that covers rent and payroll. A QuickBooks study found 61 percent of owners struggle with cash flow, and 32 percent have been unable to pay vendors, loans, or themselves because of it. (Intuit Inc.)
Membership fix: We reconcile your accounts weekly and push real-time dashboards to your phone, so you always know today’s available cash.
Summer heat can slow in-person retail. Storm season can delay construction draws. Without a rolling 12-month forecast, many founders spend during highs and scramble for credit during lows.
Membership fix: Our advisors map your historical sales, layer in Gulf-Coast seasonality, and flag low-cash weeks 90 days ahead. You get time to adjust spending or line up financing.
Texas doesn’t have an income tax, but its Franchise Tax report (or “No Tax Due” filing) is due every year on May 15. Miss it and you face penalties, interest, and a “Not in Good Standing” mark that scares lenders. (Texas Comptroller)
Membership fix: We add the due date to your compliance calendar, draft the Public Information Report, and ensure the filing goes out well before the deadline.
Houston B2B culture is friendly, but “friendliness” shouldn’t equal free financing. Slow collection stretches working capital and forces owners to dip into personal savings.
Membership fix: Automated reminders go out at day 15, 30, and 45. Chronic late payers trigger a quick strategy call with our team.
Swipe the same card for lunch and inventory, and you guarantee bookkeeping chaos that can inflate taxable income or hide deductible expenses.
Membership fix: We help you open dedicated checking and savings accounts, sync them to your bookkeeping app, and post every transaction to the correct ledger—weekly.
Houston’s booming economy tempts owners to stock up. Excess inventory ties up cash that could fund marketing or hire talent.
Membership fix: Monthly stock-turn reports show what actually sells, freeing cash for growth.
A tropical storm, key-employee illness, or supply-chain shock can hit overnight. Without reserves, owners turn to high-interest loans.
Membership fix: We build a three-month operating reserve into your forecast and track progress automatically.
Explore every benefit on our Start-Up Membership page.
Ready to simplify your finances and stay solvent all year? Call SAS Tax & Business Solutions at (832) 263-7308 or email [email protected] to schedule a consultation today.
