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Succession planning and career growth are essential for a successful business. OVERVIEW A question often overlooked in the operation of a business, non-profit enterprise, or government entity is [...]

Succession planning for a business is one the toughest jobs a business owner has to face.  How do you sell the business, pass it on to heirs, (if they are interested, willing and able to [...]

Memorial Day is the last Monday in May—a day in which we honor the patriots that have gone before us to allow us to enjoy the freedoms that we cherish so dearly. Each patriot possesses an [...]

A business owner contacted our firm last week about a variety of business matters which we were successfully able to address.  However, during the conversation, this business owner stated that he [...]

Texting is preferred communication among those older than 10 years but younger than 55 !  Guess what?  That age group comprises about 55 percent of our current human race.  A Pew Research Center [...]

Really get to know your customers!   By taking a look at your full customer lists to see which customers are most profitable, you’ll most likely determine that they comprise approximately 20% of [...]

Accurate product pricing is critically important in today’s environment.                   An understanding of product pricing is with a complement to knowing what it costs to run your business.  [...]

First, understanding your financial resources is paramount to running and successfully operating a profitable business.  Understanding cash flow, where revenue is coming from (your various and [...]

Your budget is a strategic map for your business operations.  A new budget can identify where you’ll allocate fiscal resources, how much you’ll allocate and what you hope the final results will [...]

              The chart of accounts lists all of the necessary budgetary accounts that you use in your business; they are included in [...]