Handle with care: Upgrading your company’s accounting software
Having the right accounting software in place is critical to running a profitable business. Here are some best practices for handling system upgrades.
Safe harbor 401(k)s offer businesses a simpler route to a retirement plan
Like many business owners, you may be hesitant to sponsor a qualified retirement plan for employees because of the complexities of plan administration. One potential solution is sponsoring a safe harbor 401(k).
4 common accounting errors for nonprofits to avoid
If your nonprofit doesn’t engage accounting and financial professionals, mistakes are likely to happen. These are four common errors that can cause big problems for nonprofits that try to go it alone.
Mission and vision statements help businesses rise above the din
A mission statement and a vision statement may sound like “nice to haves” rather than “must haves” for your business. But they really do serve viable purposes. Here’s what they’re all about.
Review your nonprofit’s revenue like an auditor
A consistent revenue stream is critical for your nonprofit’s short-term budgeting and its long-term sustainability. Take some tips from auditors and review your revenue now.
Activity-based costing may benefit some contractors
Construction business owners: Have you considered activity-based costing for your projects? Implementing it isn’t easy, but the results can be worthwhile.
Could a PEO help your construction business overcome its HR challenges?
Construction business owners: Could you use some help managing the complexities of payroll, benefits, and compliance? If so, partnering with a Professional Employer Organization (PEO) might be the right move.
Family business focus: Addressing estate and succession planning.
Family business owners: Prudently planning the future of your company may call for weaving together estate planning and succession planning. Let’s talk strategy.
Your nonprofit has lost an executive. Now what?
If a nonprofit leader leaves unexpectedly and there’s no executive search committee or plan ready, a disorganized and lengthy search is likely. Here’s how to be ready to replace a critical employee.
How your business can sharpen its marketing strategy
Many businesses’ marketing strategies grow dull over time. Here are some broad areas to focus on while looking to sharpen yours.
M&A accounting: Identifying the acquirer in business combinations involving VIEs
Updated accounting rules change how acquirers are identified in M&As involving VIEs. They replace old rules with a more consistent, substance-based approach. Here’s what it means for your next deal.
Cost management is critical for companies today
Many small to midsize businesses struggle to control their cash outflows. A carefully considered and disciplined approach to cost management can help.