You Are Here: Home » Practice Management (Page 12)

The Secret to Getting Small-Business Loans –OPEN Forum

The recession is over and entrepreneurs are looking for cash, but are banks willing to lend? The answer is a resounding yes, according to reports at OPEN Forum. OPEN Forum's Katie Morell talks to lending and credit experts to get the tips you need to get that loan application approved.  Here's what she found out: Bankers emphasize that borrowers need to present a solid picture of their business and themselv ...

Read more

What if Accountants Offered Work “In 30 Minutes Or It’s Free” or: “Absolutely, Positively Overnight”? It Could Change Everything!

 . . . or at least  so opines Edi Osborne, of Mentor Plus, at CPA Trendlines.  She throws in a third promise you've probably heard but we couldn't fit on the subject line:  "No Surprise Billing. Ever."  More:   What do these three tag lines have in common? Predictability. Dominoes and Fed Ex built their entire business model on making (and keeping) an uncomplicated predictability promise to the customer.  D ...

Read more

CBO: Taxes and Spending Cuts Will Likely Send U.S. Into Recession

The U.S. likely will fall back into recession if scheduled spending cuts take effect and Bush-era tax cuts are allowed to expire this year, the Congressional Budget Office said. If the U.S. falls off this "fiscal cliff," the economy will probably contract 1.3% in the first half of 2013, the CBO said.  CNN Financial Times / Alphaville New York Times NPR Reuters USA Today Wall Street Journal Yahoo! Finance ...

Read more

Lawmakers Put S-Corporations in Their Sights

Congressional Democrats have proposed financing student-loan legislation by expanding payroll taxes on subchapter S corporations and partnerships. The bill would levy Social Security and Medicare taxes on all business income if the firm is engaged in professional services, such as investment advice, or if 75% or more of the gross income of the firm is attributable to three or fewer shareholders. Investment ...

Read more

Two Unexpected Paths to Small Business Growth

Over at OPENForum, Mike Periu, a Principal at EcoFin media writes: Using counterintuitive strategies in your business can be risky, but when they work the rewards can be enormous. Trying these methods can help you improve sales and profits: Preventing Theft Warehouse stores like Costco, BJ’s and Sam’s Club are very careful with their inventory management and go to great lengths to avoid shrinkage, which is ...

Read more

Survey: The 8 Qualities Employers Most Want in Their Employees

At TLNT:  The Business of HR, John Hollon reports on a new nationwide survey of 174 employers by OI Partners, an organization that describes itself as “a global talent management company, renowned for its highly personalized services …  (specializing) in mid-level, executive and group outplacement; executive coaching; leadership development and workforce solutions.” Being a team player (selected by 71 perce ...

Read more

Three Ways to Make Your Employees Happy — American Express OPENForum, Families and Work Institute

The company culture you build has a major impact on how successful the business will be as it grows, writes Dan Schawbel, personal branding expert, at American Express OPENForum, a small business media hub.  One of the biggest trends in the past few years is workplace flexibility.   A new study by the Families and Work Institute shows that more than 75 percent of employers now offer some form of flex time. ...

Read more

5 Things Small Business Investors Need to Know about “IP”

The Wall Street Journal's Small Business Blog featured recently a guest column by Antone Johnson on the use, misuse, and misvaluation of intellectual property.  It's probably of interest to valuators and financial consultants who are working with small business owners to value and growth their businesses.   Venture capitalists, angel investors and start-up lawyers these days tend to be obsessed with "intell ...

Read more

“Regulations Pushing Up Financial Firms Costs” Finds Study. Burden: “60 Rule Changes Every Working Day” –Financial Times

In an article titled "Regulation 'Pushing Up Financial Firms' Costs" The Financial Times' chief regulation correspondent Brooke Masters  reports that extraterritorial regulations, rules that affect businesses outside the country that enacts them, are pushing up costs and driving banks, insurers and asset managers away from particular markets, a survey of global financial firms has found.   More than half th ...

Read more

5 Ways to Destroy Company Value: Poor Ownership Structures, Bad Liquidity Timing, Pointless Acquisitions, Weak Balance Sheets, and Mindless Growth

GigaOm M&A Advisor:  "Sales Don't Create Value.  What You Do Creates Value."  GigaOm M&A Advisor Marty Wolf explains how, especially in the tech field, five great ways to destroy your company include: 1. Opportunistic acquisitions 2. Growth for the sake of growth 3. Weak balance sheet 4. Convoluted ownership structures 5. Missing the window on a liquidity event How does this play out in the real wor ...

Read more

Small Business Owners Off by 60% When Estimating Company Value, Says Study

Good Grasp on Value Enables Better Tax & Retirement Planning, Reduces Conflicts The Washington Post's On Small Business blog cites data from a variety of sources that indicate most small business owners don't have a good grasp on the value of their business.  Written by Gerald Radican, the piece on the Post blog cites these findings from Spardata, a Maryland-based valuation firm: A typical business owne ...

Read more

What are the Accounting Rules for Selling Web-based Subscriptions? —CRM Buyer

There's No Accounting for the Subscription Economy  It's taken over 10 years to get the idea of the subscription economy into our noggins, but we've barely started internalizing what it takes to support it and report on it as a business, reports Dennis Pombriant at CRM Buyer. Add "Accounting" for 32 Points and a Triple Score “Wall Street types are very accustomed to companies selling products rather than su ...

Read more

Oscars Neglect “Margin Call”—But Film Offers Solid Insight, Claims NYT Columnist

The Unjustly Neglected "Margin Call"  Ross Douthat at the New York Times thinks the Oscars missed crediting an important film this year: Speaking of Noah Millman, reading his Oscar post reminds me that my own comments on the year in movies neglected to mention what was perhaps the most striking injustice of the Best Picture nominations: The lack of any love for “Margin Call,” which was, as Millman writes, “ ...

Read more

Three Practice Management Trends for 2012

Three Practice Management Trends for 2012  For the third year, the MGMA has published the State of Medical Practice in MGMA Connexion. It's an overview of issues and industry perspectives that will shape medical practice this year. The Association collected information from healthcare professionals about the ways in which EHRs increase revenue, as well as what affects your compensation and practice collecti ...

Read more

When ‘Friending’ Becomes a Source of Start-Up Funds

When 'Friending' Becomes a Source of Start-Up Funds Social networking is pretty good for keeping abreast of far-flung friends. Could it work for entrepreneurs looking for investors?  That's the question Sarah E. Needleman and Angus Loten pose over at the Wall Street Journal Small Business blog. Critics say the idea is dangerous for investors, and even dicey for the entrepreneurs. Yet, it is gaining traction ...

Read more

CPA Site Solutions Announces Social Media Marketing System

CPA Site Solutions Announces Social Media Marketing System CPA Practice Advisor recently reported that CPA Site Solutions, which develops and hosts web sites for accounting firms, has added social media features to update sites with accounting and finance tips via Twitter, Facebook, and LinkedIn. The Social Media Marketing System feature alleviates [the problem of accountants too busy to update their websit ...

Read more

Adjusting, More M.D.’s Add M.B.A.

Adjusting, More M.D.’s Add M.B.A. Under heavy pressure from government regulators and insurance companies, more and more physicians across the country are learning to think like entrepreneurs, reports Milt Freudenheim at the New York Times: “All physicians need some kind of business training,” she said. “For example, some physicians with large research grants don’t know how to manage the money.” As for the ...

Read more

Magic, Sex, and Outer Space

Magic, Sex, and Outer Space Goodwill is the established reputation of a business regarded as a quantifiable asset. Or of a person who's part of that business: That's why you often hear discussions about how to best separate personal goodwill from enterprise goodwill. But what if your personal goodwill was regarded so highly, in a contract, that you'd need to work for the new company that was buying you out ...

Read more

The 7 Biggest Financial Mistakes Businesses Make

  The 7 Biggest Financial Mistakes Businesses Make  Running a business should earn you an honorary degree given all you will learn, writes Brian Hamilton, co-founder and CEO of Sageworks, over at Inc.    We live and we learn. In the time it’s taken me to build two companies, I have learned and more importantly, lived, these mistakes. I hope these pieces of advice can help both aspiring and existing entrepre ...

Read more

Cut Down on Email, Increase Your Biz Dev

Cut Down on Email, Increase Your Biz Dev So advise Bret Owens and Dan Markovitz at AccountingToday: Too many CPAs begin the day reading through their email inbox. No doubt, reputations depend on near instantaneous client service. But let's face it—if the only value you're providing for your client is rapid response, you'll eventually be replaced by someone in Mumbai, Shenzhen or some other time zone who can ...

Read more

©2018 NACVA and the Consultants' Training Institute • (800) 677-2009 • 5217 South State Street, Suite 400 Salt Lake City, UT USA 84107

event themes - theme rewards

UA-49898941-1
lw