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Business Consulting

Tuesday, 31 March 2020

Tech Tips to Stay Safe During COVID-19 Crisis

Written by The Rehmann Team

Even as the coronavirus (COVID-19) outbreak affects us in unprecedented ways, scams persist. For instance, hackers are now resorting to emails and apps claiming to provide information on the COVID-19 outbreak to fool victims into installing malware on their devices. Unfortunately, phishing emails have spiked by over 600% since the end of February, and in March, 10X Genomics was hit with a ransomware attempt. Even videoconferencing, which is being used more than ever, has become a potential avenue for hackers...

Published in COVID-19
Tuesday, 21 April 2020

How Outside Expertise Can Propel Growth

Written by Sandra Shecter, CPA, CGMA Mark Spaak, VCIO Marie Shebuski, MBA, ERPA, QPA, QKA Susan West, SPHR, SHRM-SCP

Business moves fast. It can be tough for organizations (especially smaller ones) to keep up, much less grow. But this is where outside expertise can help. It supplements your firm’s capabilities and provides access to experts in many fields, which can enable growth...

Published in Business Consulting
Tuesday, 21 April 2020

Building your firm for the future

Written by Randy Rupp, CPA and Stacie Kwaiser, CPA

The pace of change is faster than ever and it’s only getting quicker. Consider how long it took these products and services to gain 50 million customers: Automobiles: 62 years Credit cards: 28 years  Mobile phones: 12 years Facebook: 3 years Pokemon Go: 19 days We’ve gone from decades to days. Soon it will be hours. Rapid change forces organizations to be more proactive and forward-thinking...

Published in Business Consulting
Tuesday, 21 April 2020

From inception to sale: How your CPA can benefit you along the way

Written by Brett W. Nesbit, CPA, MBA, MSA and Michael McCarthy, CPA, CFP, MST

Seed Stage Ideas become businesses upon incorporation. Thus, choosing the right type of business entity for your situation is critical. It affects taxation, ownership, profit distributions, exit planning and more. CPAs can explain the benefits and drawbacks of each path...

Published in Business Consulting
Monday, 20 April 2020

Empowering growth: How entrepreneurs can position themselves to focus on growth

Written by Sandra Shecter, CPA, CGMA, Mark Spaak, and Susan West, SPHR, SHRM-SCP

Entrepreneurs are in constant danger of spreading themselves too thin. Your focus should be growing the business. But other areas can take over. Delegation is the answer...

Wednesday, 25 March 2020

Whether selling or buying, due diligence matters

Written by Donald Burke, CPA, CGMA, and Christopher Rosmarin, CPA

Mergers and acquisitions (M&A) have been on fire over the last five years or so. Encouragingly, there is more in the tank. Investors have trillions in cash sitting idle, making the outlook for 2020 strong. And contrary to what you may think, an economic downturn could bring more M&A activity, not less...

Published in Business Consulting
Friday, 13 March 2020

How Technology is Changing Accounting

Written by Danielle McGee, CPA

By Danielle McGee, CPA   Artificial intelligence, blockchain, cryptocurrency: the ABCs of 2020. Like all other industries, the accounting profession is experiencing an increasingly rapid pace of change. Technology is likely not the first thing you think of when you think about accountants, but it has transformed the industry from pencil and paper and outdated financial information (just a few short years ago) to real-time access to financial information and the ability to provide feedback as soon as transactions occur. The modern accountant is using tools such as QuickBooks Online, Sage Intacct, Bill...

Published in Business Consulting
Thursday, 13 February 2020

Upgrade Your Windows 7 Devices Now

Written by Therese Boka, CPC, CPMA, CPCO and Jessica Dore, CISA

If your organization is running Microsoft Windows 7 on any device, it’s time for an upgrade to Windows 10. Microsoft ended service for the Windows 7 operating system on January 14, 2020. As a result, there is no more support. No updates...

Published in Business Consulting
Friday, 29 November 2019

Black Friday and Cyber Monday: Full of Deals or Cybersecurity Steals?

Written by Jessica Dore, CISA

As published in Finance Monthly Jessica Dore leads Rehmann’s Technology Risk Management Group, overseeing cybersecurity assessments, information security assessments, vulnerability and penetration testing, social engineering testing and information security training. Below are her tips for businesses to stay safe during the biggest shopping spree of the season.   In 2018, consumers spent a record-breaking $6.22 billion while shopping on Black Friday...

Published in Cybersecurity
Monday, 29 July 2019

To CFO or not CFO? A small business dilemma

Written by Tom Shemanski, CPA

Whether or not to hire someone to fill a CFO role is a question that many small businesses face. Maybe to help answer this question, we need to ask another. What does a CFO provide beyond what your controller, accounting manager or bookkeeper are providing? Here’s a brief listing of what you could expect from a seasoned CFO: Strategic thinker What’s our value proposition in the market place?..

Published in Business Consulting
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