Jeff's Blog

Thoughts from Our Managing Partner and Other M&S Thought Leaders

Technology is tricky. Much of today's software is engineered so well that it will perform adequately for years. But new and better features are being created all the time. And if you're not getting as much out of your financial data as your competitors are, you could be at a disadvantage. For these reasons, the decision of when to upgrade your company's accounting software can be difficult. Here...
When businesses first began using websites, getting noticed was the name of the game. Remember pop-up ads? Text scrolling up the screen? How about those mesmerizing rotating banners? Yes, there were - and remain - a variety of comical and some would say annoying ways to get visitors' attention. Nowadays, most internet users are savvy enough not to be impressed by flashy graphics. They tend to...
Some business owners - particularly those who founded their companies - may find it hard to give up control to a successor. Maybe you just can't identify the right person internally to fill your shoes. While retirement may not be in your immediate future, you know you must eventually step down. One potential solution is to find an outside buyer for your company and undertake a long-term deal to...
"That's just the cost of doing business." You've probably heard this expression many times. It's true that, to invoke another cliche, you've got to spend money to make money.  But that doesn't mean you have to take rising operational costs sitting down. Cost control is a formal management technique through which you evaluate your company's operations and isolate activities costing you too much...

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