Working capital management is critical to business success
Business owners: If your company is struggling with liquidity, it may be headed for trouble. Let’s discuss the critical concept of working capital management.
Sharing space can mean sharing costs and more
Is your nonprofit getting squeezed by rising rents? You might think about sharing space with another charity or other organization. We look at several options that could help you save money.
Board independence is about more than avoiding conflicts of interest
Your nonprofit is allowed to appoint some nonindependent board members. But the majority should meet the IRS’s four-part definition of “independent.” Otherwise, your governance may be scrutinized.
Ease the financial pain of natural disasters with tax relief
It’s been an especially difficult year for victims of natural disasters, including those affected by Hurricane Milton and Hurricane Helene. Taking advantage of the casualty loss deduction can help ease the financial pain.
The evolution of financial reporting
Ever wonder why the accounting rules are so complicated and ever-changing? As the markets evolve and new challenges arise, the rules of the game may need to be revised.
How businesses can better retain their salespeople
Business owners: Are you tired of high turnover on your sales team? Here are some ways to fight back.
Alternate construction delivery methods: CMc in the spotlight
Construction business owners: Have you ever encountered a project using the Construction Manager as Constructor delivery method? Here’s what you should know.
Reminder: Profits and cash flow aren’t the same
A solid understanding of the differences between profits and cash flow can help your business avoid cash shortfalls.
IT strategy showdown: Enterprise architecture vs. Agile
Business owners: Does your company have a well-defined IT strategy? Here’s a look at two broad approaches: enterprise architecture and Agile.
Cutoffs: When to report revenue and expenses
Does your company follow the cutoff rules? Loose interpretation of the accounting rules can lead to errors and unexpected audit adjustments. Here’s how to get it right.
Are your nonprofit board meetings as focused as they could be?
Good planning is critical to keeping nonprofit board meetings short and effective. This starts with a detailed agenda that includes timetables and assignments. Learn more.
Businesses must stay on guard against invoice fraud
Business owners: If you’re not worried about invoice fraud, you should be. At least one recent survey indicates it’s disturbingly common.