Thoughts from Our Managing Partner and Other M&S Thought Leaders
April 01, 2019
Ask many entrepreneurs and small business owners to show you their financial statements and you'll likely get a glimpse at their bookkeeping software. Although tracking transactions is critical, ledger detail is not a financial statement. In short, financial statements are detailed and carefully organized reports about the financial activities and overall positions of a business. As any company...
March 26, 2019
For several years now, cloud computing has been touted as the perfect way for companies large and small to meet their software and data storage needs. But, when it comes to choosing and deploying a solution, one size doesn’t fit all. Many businesses have found it difficult to fully commit to the cloud for a variety of reasons — including complexity of choices and security concerns. If your...
March 15, 2019
Today's business technology is both powerful and restrictive. No matter how "feature rich" a software solution or hardware asset may be, there's always another upgrade around the corner. In other words, it's just a matter of time before your company's next IT project. When that day arrives, beware of "scope creep" - you know, the official term for the way projects seem to always gradually expand...
March 14, 2019
As the old saying goes, "Knowledge is power." This certainly rings true in business, as those who best understand their industries and markets tend to have a knack for staying on top. If that person is the owner, however, knowledge can quickly turn into a vulnerability when it's time to retire. As you develop your succession plan, consider how to mitigate the loss of pure know-how that will occur...
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Submitted by admin on Wed, 2017-06-21 09:20