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1-Minute Wednesday: Hiring In

When interviewing accounting candidates, business owners sometimes get stuck because they don’t know what they are looking for or the right questions to ask. Well, if you ask me, in the world of accounting, integrity is first and foremost. When you hire an accountant, you’re giving out the keys to the kingdom. So before getting…
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1-Minute Wednesday: 5 Ways To Maximize Business Value

Many of our clients seek to sell their businesses at some point in the future. Over the years, we have come to learn the factors that maximize business value: Financial performance through profitable growth over a period of time. Low concentration risk – no reliance on any one entity Recurring Revenue - the more automatic,…
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5 Red Flags Business Lenders Watch For

As successful entrepreneurs of growing businesses, many of our clients have borrowed money to fund their company’s growth. As a result, over the years, we’ve come to learn what lenders are looking for when considering the creditworthiness of a company. While there are many factors that go into a lender’s decision, like length of time…
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1-Minute Wednesday: 5 Red Flags Business Lenders Watch For

Most of our clients have applied for a business loan at one time or another. Over the years, we have come to learn the red flags that lenders look for when evaluating a business loan or line of credit. I’d like to share those with you today: Consistent profitability Debt to Tangible Net Worth Ratio…
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STOP DOING IT ALL YOURSELF

As entrepreneurs, we tend to try and do everything ourselves. But, every successful entrepreneur knows that the key to scaling a business lies in delegating tasks by having documented standard operating procedures (SOPs). So, why don’t more companies have them? Well, SOPs are a pain in the butt, or at least they can be. Most…
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1-Minute Wednesday: Systematize Processes to Maximize Peace of Mind

If one of your employees left unexpectedly, how quickly could you recover? How much does your business rely on you, the business owner? Are there tasks you should hand off to someone else? Are you making the highest and best use of your time? Systematizing your business means having peace of mind. Whenever there’s a…
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