Business Consulting

Among the many tough decisions business owners are facing in 2020 is that of selling – specifically, whether now is a good time to transition the organization to a new owner, or better to hold on, ride out these turbulent times, and make that call further down the road.  It’s a decision that’s come to the forefront, thanks to a perfect storm of more people reaching retirement age – approximately 10,000 people are retiring each day, and an estimated one trillion dollars in wealth will be transferred – and a shaky economic landscape that’s left many business owners who had been planning for high levels of profitability at the start of 2020 now considering their exit strategies sooner rather than later.  What is my company worth? Many scenarios, both business and personal, prompt business owners to ponder the question of selling, which leads to the question what is my business worth?..

Published in Business Consulting
Tuesday, 13 October 2020

Webinar | Navigating a Changing Workforce

Written by Samantha Brege

Navigating a changing workforce From following new federal and state guidelines and maintaining safety standards, to addressing new and potentially divisive workplace issues like mask-wearing and social media usage, implementing and executing solid HR practices are essential to mitigate risk and propel businesses forward during these uncertain times – and well into the future...

Published in Business Consulting
Tuesday, 25 August 2020

Going Mobile

Written by Broadridge

After a slow start, mobile payment usage is growing in the United States. In 2019, an estimated 64 million Americans (about 29% of smartphone users) made a point-of-sale proximity payment with their mobile phones at least once in the previous six months. Mobile peer-to-peer applications, which allow transactions between individuals, have been even more widely adopted, with 69.2 million users in 2019...

Published in Business Consulting
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
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