Small Business Owners: Beware of Common Payroll Blunders
Managing payroll can be a major challenge for small business owners, especially as state and federal payroll tax regulations continue to evolve. Missteps in this area aren't just minor hiccups — they can lead to Read More
Apr 16, 2025
Contractors Can Calculate KPIs, Too
Successful companies of all stripes use key performance indicators (KPIs) to monitor their financial health and spot red flags. Well, you know what? Construction businesses can do it, too. And you should. Let's review some Read More
Apr 16, 2025
FinCEN-Related Fraud Heats Up: How to Avoid Getting Burned
The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) recently identified an increase in fraudsters using the bureau's name, insignia and powers to target the public in widespread schemes. FinCEN is tasked with Read More
Apr 11, 2025
Help Wanted: Hiring Family Members for Tax-Saving Results
If you own a small business and have children in high school, technical school or college, you might consider asking them to work for you part-time or full-time over the summer. Or you might want Read More
Apr 10, 2025
Accounts Receivable Fraud: Lapping Up Profits
The sale has been made, the customer has paid, yet the company receives no revenue. How can this happen? Accounts receivable fraud, commonly referred to as "lapping," occurs when an employee is entrusted with processing Read More
Feb 24, 2025
A Review of Inventory Accounting for Construction Companies
Many construction businesses reach a point in their growth when they decide to maintain inventories. They might keep on hand items such as building materials, supplies, personal protective equipment and tools. Maybe yours already does. Read More
Feb 10, 2025
Five Ways to Improve Inventory Management
Efficient inventory management can substantially improve your firm's performance by helping to maintain high customer service levels and reduce variable costs. But reinforcing inventory management isn't a one-time project. It's a constant concern for manufacturers. Read More
Feb 06, 2025
So Many KPIs, So Much Time: An Overview for Businesses
From the moment they launch their companies, business owners are urged to use key performance indicators (KPIs) to monitor performance. And for good reason: When you drive a car, you’ve got to keep an eye Read More
Jan 29, 2025
Put a Business Valuation Pro on Your M&A Team
Global merger and acquisition (M&A) volume is expected to surpass $4 trillion in 2025, the highest in four years, according to Reuters. Reasons for the anticipated surge include recent interest rate cuts by the Federal Read More
Jan 27, 2025
6 Reasons to Separate Real Estate from Your Business Assets
When businesses acquire real estate, they often title it under the company name. Although this might seem straightforward and logical, it's not always the best choice — particularly for properties expected to appreciate significantly in Read More
Jan 24, 2025