Is your business vulnerable to payroll fraud?
Payroll fraud schemes can be costly — and for small businesses, devastating. The Association of Certified Fraud Examiners (ACFE) has found that the median loss from payroll fraud schemes is…
Why you might want to build a wall between your business and its real estate
Does your business own its real estate in a separate holding company, such as a limited liability company (LLC) or limited partnership? This practice can provide several advantages, including shielding…
Business owners: Be sure you’re properly classifying cash flows
Properly prepared financial statements provide a wealth of information about your company. But the operative words there are “properly prepared.” Classifying information accurately isn’t always easy — especially as the…
Turnaround acquisitions are risky growth opportunities for today’s companies
When it comes to growth, businesses have two broad options. First, there’s organic growth — that is, progress made through internal efforts such as boosting sales, expanding into other markets,…
Should your company offer fertility benefits?
Most businesses today understand all too well that they must craft a robust and varied benefits package to draw good job candidates and retain valued employees. But beyond basics…
Cybersecurity Assessment Get One Now
Protect your business with a cybersecurity assessment Years ago, it may have seemed like only government agencies with top-secret intel or wealthy international banks had to worry about hackers. Nowadays,…
Data visualization: A picture is worth 1,000 words
Show Your Data in a New Way Graphs, performance dashboards and other visual aids can help managers, investors and lenders digest complex financial information. Likewise, auditors also use visual aids…
Stop-loss Insurance – What you need to know
What business owners should know about stop-loss insurance Stop-loss insurance. When choosing health care benefits, many businesses opt for a self-insured (self-funded) plan rather than a fully insured one. Why?…
Engaging in customer-focused strategic planning
Customer Planning When creating or updating your strategic plan, you might be tempted to focus on innovative products or services, new geographic locations, or technological upgrades. But, what about your…
Travel and Entertainment Expenses – Best Practice
Best practices for reporting business-related Travel and Entertainment expenses Many companies have resumed some level of business-related travel and entertainment (T&E) activities — or they plan to do so this…