Generation Z – different motivation from Millennials

For any business to be successful, it has to understand the motivations behind it’s employees. We all don’t come from the same mold. “Millennials were raised during prosperous times but Gen Z was largely raised during a global recession and the painfully slow recovery following.” says Ken Tysiac, editor of the Journal of Accountancy, August […]

Fair Labor Standard Act Proposed Changes-will it affect your company?

Update 7/30/17: Stay tuned – still no final ruling on this issue. The U.S. Department of Labor published a Request for Information for the overtime rule on Wednesday, July 26, 2017. The RFI is an opportunity for the public to provide information that will aid the department in formulating a proposal to revise these regulations […]

4 Common Leadership Fears…

I have found 4 common leadership fears in my informal survey of local business leaders. These fears are Criticism, Making Bad Decisions, Responsibility and Public Speaking. So, if you are a leader who is sensative to hearing about your shortcomings, request anonymous feedback from your team. Making bad decisions is the best and worst thing […]

What do Prospective Buyers or Loan Institutions Look for in Your Company?

We often get asked this question and no matter what type of industry a business operates in, the answer is the same. Prospective Buyers or Loan Institutions initially look for increasing revenue and profits along with assets higher than liabilities. Who wants to give money for a company that owes more than it has? If […]

How to make advertising work for your business

These are the lessons I have learned over the 25 years in the accounting field. Marketing shouldn’t ever be cut from the budget. If thought out properly, marketing can make your business succeed beyond your expectations. If done haphazardly, you are throwing money down the drain. If you are going to advertise your business, you […]