by Brian Hare, CPA, CGMA | Nov 3, 2021 | Business
Years ago, it may have seemed like only government agencies with top-secret intel or wealthy international banks had to worry about hackers. Nowadays, even the smallest small business could see its reputation ruined by a data breach, while larger companies could have...
by Brian Hare, CPA, CGMA | Nov 3, 2021 | Business
When choosing health care benefits, many businesses opt for a self-insured (self-funded) plan rather than a fully insured one. Why? Among various reasons, self-insured plans tend to offer greater flexibility and potentially lower fixed costs. When implementing a...
by Brian Hare, CPA, CGMA | Oct 20, 2021 | Business
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 customers? Particularly if you’re a small to midsize business, focusing your...
by Brian Hare, CPA, CGMA | Oct 19, 2021 | Business
If your business is depreciating over a 30-year period the entire cost of constructing the building that houses your operation, you should consider a cost segregation study. It might allow you to accelerate depreciation deductions on certain items, thereby reducing...
by Brian Hare, CPA, CGMA | Oct 13, 2021 | Business
Run a business for any length of time and the importance of cash flow becomes abundantly clear. When payroll is due, bills are piling up and funds aren’t available, blood pressure tends to rise. For this reason, being able to accurately define cash flow forecasting...
