Why Waiting Until Tax Season Costs You Options | Fiihr Factor

Most business owners begin thinking seriously about taxes when a filing deadline is approaching. According to Rachid Barry, that is often too late to have a meaningful strategy conversation. Rachid is the founder of RMJ Tax Consultant, a firm focused on helping business owners and high-net-worth individuals legally reduce their tax liability and redirect more of their available capital toward business growth, investments, and long-term wealth. In this episode of The Fiihr Factor, Rachid and Warren discuss: The difference between tax preparation and tax strategy Why tax planning should happen throughout the year How retained capital can support hiring, marketing, operations, and investments Why business owners should pursue access to capital before they urgently need it The challenges of growing from a solo operator into a nearly 20-person organization When hiring for attitude is no longer enough Why delegation requires accepting that someone else may do the work differently The relationship between leadership development and team development How systems improve efficiency, conversion, communication, and customer experience Why a client should never need to call and ask what is happening with their work Rachid also shares his journey from Burkina Faso to the United States, his academic background in finance and business, his service as an honorary consul, and his long-term vision for creating economic and community impact. Connect With Rachid Barry Website: https://rmjconsultant.us/ LinkedIn:   / rachid-madany-joseph-barry-181a4572   Connect With Warren Fiihr Learn more about Warren and schedule your two weeks of free business coaching: https://warrenfiihr.com/ Subscribe to The Fiihr Factor for practical conversations about leadership, growth, strategy, systems, accountability, and building a stronger business. Important: This episode is provided for general educational purposes only. Tax laws and available strategies depend on the taxpayer’s individual circumstances. Consult a qualified tax, legal, or financial professional before acting on any information discussed.