Matter & Substance

Thoughts from our industry
to help Businesses and Individuals

November 27, 2018

Run the numbers before you extend customer credit

Funny thing about customers: They can keep you in business – but they can also put you out of it. The latter circumstance often arises when a company overly relies on a few customers that abuse their credit to...

November 13, 2018

Choosing between a calendar year and a fiscal year

Many business owners use a calendar year as their company’s tax year. It’s intuitive and aligns with most owners’ personal returns, making it about as simple as anything involving taxes can be. Not all businesses are able to fit their primary...

October 30, 2018

Following the ABC’s of customer assessment

When a business is launched, its owners typically welcome every customer through the door with a sigh of relief. But after the company has established itself, those same owners might start looking at their buying constituency a little more...

October 23, 2018

Keep a king in your castle with a cash reserve

You’ve no doubt heard the old business cliche “cash is king.” And it’s true: A company in a strong cash position stands a much better chance of securing financing, attracting investors, and executing on its own strategic plans. One...

October 16, 2018

Don’t let your employees expose you to cyberattacks

In today’s world, technology is constantly changing and becoming more important to our day to day lives, both in and out of the office. This unfortunately also means the cybercrime business is constantly changing and growing. There are many types...

October 9, 2018

A cost segregation study can accelerate depreciation deductions

Businesses that acquire, construct, or substantially improve a building – or did so in previous years – should consider a cost segregation study. These studies combine accounting and engineering techniques to identify building costs that are properly allocable to...

October 2, 2018

Building a sales prospect pipeline for your business

An old business adage says, “Sales is a numbers game.” In other words, the more potential buyers you face, the better your chances of making sales. This isn’t completely true, of course; success also depends on execution. Nonetheless, when...

September 25, 2018

Dynasty Trusts are more valuable than ever

The Tax Cuts and Jobs Act (TCJA) affects more than just income taxes. It’s brought great changes to estate planning and, in doing so, bolstered the potential value of dynasty trusts. Exemption changes Let’s start with the TCJA. It...

September 13, 2018

Are you ready to expand to a second location?

Most business owners want to grow their companies. And one surefire sign of growth is when ownership believes the company can expand its operations to a second location. If your business has reached this point, or is nearing it,...

September 11, 2018

Business tips for back-to-school time

Late summer and early fall, when so many families have members returning to educational facilities of all shapes and sizes, is also a good time for businesses to creatively step up their business development efforts, whether it’s launching a...

August 20, 2018

Is your inventory getting the better of you?

On one level, every company’s inventory is a carefully curated collection of inanimate objects ready for sale. But, on another, it can be a confounding, slippery and unpredictable creature that can shrink too small or grow too big –...

August 20, 2018

Get SMART when it comes to setting strategic goals

Strategic planning is key to ensuring every company’s long-term viability, and goal setting is an indispensable step toward fulfilling those plans. Unfortunately, businesses often don’t accomplish their overall strategic plans because they’re unable to fully reach the various goals...

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Matter & Substance

Thoughts from our industry to help Businesses and Individuals

Thoughts from our industry
to help Businesses and Individuals