This Martin Luther King Jr Day, we honor his life and his legacy. Let’s take today and everyday educate, advocate, and start more meaningful conversations. Just a reminder that we are closed today.
Employees leaving their bosses- not companies is not a new concept – it’s just recently gaining traction. The trending Great Resignation movement narrows in on quitting employees, as opposed to the root of the cause: bad leaders. For example, have you ever worked in a position where you considered it to be “just a job”?...
By now, we are sure that you have heard about it on the news, or maybe have seen it during your weekly grocery run, empty shelves in supermarkets across the country. The omicron wave, supply chain issues, and extreme weather conditions have strained several major grocers, and this crisis is starting to hit businesses everywhere...
Tell us if this doesn’t feel familiar…. Frequently, it feels as though everyone in their field of profession is berating you for doing something the “wrong way”. The “wrong way” – according to them. You’re “wrong” because you don’t utilize a specific type of accounting software, you’re “wrong” because you do your own bookeeping, etc....
Take a moment and briefly visualize that you are back in your last season of high school frantically preparing for college. Where this ‘new’ and ‘exciting’ phase of your life curbs your enthusiasm and instead blinds you with it’s high price tag. As I recall back to this point of my life, I distinctly remember...
What are your long-term reasons for doing everything that you do? What are you hoping to accomplish? In a professional and career sense, we are all generally looking for new ways to expand our knowledge, sharpen our skill sets, and establish financial stability. But have you given much thought to your legacy? While you may...
As an employer, you face significant responsibilities when it comes to those who work for you; and doing your best to not only adapt, but support your team, through constantly changing work environments doesn’t make it that much easier. The truth is, you’re not alone in carrying this heavy weight – we’re all still trying...
Resumes have been around for a long time – centuries actually – and were created to provide a quick and efficient method for hiring managers to estimate whether a specific individual might be a good fit for a position. However, judging the value of an individual based on a one-sided document provides limited perspective and...
As technology continues to evolve and become more and more accessible, it has become a vital element of business management. In fact, at least some type of accounting software can be found in organizations of various sizes. However, as your business continues to grow, you may face a situation where your accounting software is no...
Most people associate the start of a new year with inspired resolutions and improved goals; to business owners, the new year welcomes the first quarter, new opportunity, and most importantly: tax filing deadlines. The IRS requires different forms, rates, and filing dates depending on the official business entity of your company; furthermore, if you fail...
The holidays are treasured for a reason – festive dinners, celebratory gatherings and the extra time away from our jobs are enough to make us forget why we even stress about work in the first place. That is, until we find ourselves lost in a frenzy come January 2nd. Returning back to the workplace after...
An emergency can happen when you least expect it, and in business, the right insurance can help save the owner from significant financial loss. This is why it’s imperative that startups have a business insurance plan to help them make payments against legal liabilities and any claims against the company. However, a majority of small...
Trying to find investors and articulate your vision at a strong enough level to fund your growth is not easy. It requires first-rate patience, thick skin and visible confidence. Whether your fundraising efforts began before or after the Covid-19 pandemic changed our world, one thing is certain: we all face a new style of meetings....
There are numerous doubts, fears, and questions that go into starting and running a business. However, within this realm of uncertainty you know one thing will always be certain: you will have to pay business taxes. If you have ever seen the consequential effects of not keeping tax compliant, you understand how critical it is...
If you own or manage a small business, you know running it requires a great deal of time and money. A simple way to boost your profits is to make sure you are taking all the deductions you are entitled to on your tax return. This can lower your taxable income while enabling you to...
As the end of the year rolls around and you prepare for 2022, it’s critical that you stay up to date on all applicable laws and regulations. From tax filing, taxability, to finalizing 2021 payroll activities and setting compensation/benefits for next year, there is a lot to consider when closing out the year. Even if...
Small businesses are the backbone of this country, and as they continue to make a comeback after the Covid-19 pandemic, many are struggling to keep up with the big conglomerates this holiday season. While financial aid was made available to local establishments in the form of PPP loans, that money only went so far. And...
In an increasingly globalized and multi-path supply chain, accountability is everything. Many businesses are most likely familiar with the term “lot traceability” and its relation to creating transparent and accountable commerce worldwide. But what exactly is this important concept, and what implications does it have for today’s manufacturing operations? While the key concepts of lot...
As a consumer, how much of your purchasing decision is influenced by both the positive and negative reviews of others? Without a doubt, the internet has globally connected people in more ways than we ever thought possible, and online reviews now have the power to make or break an establishment, drive a product to the...
Today is not a day to worry about your calendar and your to-do list; it’s a day to unplug cherish time with your family and friends. From our team to yours, we wish you all a wonderful and happy Thanksgiving. In light of today, our MCDA CCG team also want to express our appreciation for...
When your business has an established online presence, your website traffic serves as one of most significant key performance indicators. Higher website traffic builds a higher number of audience awareness, prompts inquiries and generates more sales. Also, repeat visits from the same individuals exhibit repeat customers. However, when you notice that your website traffic suddenly...
Calculating your businesses financial performance and utilizing the information to make decisions plays a critical role in driving your growth and increasing profitability. That being said, with so many different metrics pertaining to various parts of your business, it can feel overwhelming. Today, we’re going to discuss the basics about profitability ratios, why they are...
If you are a small to medium sized business owner, you will more than likely receive cash payments from your customers. To ensure that your books and records are accurate, you need to know about recording cash receipts. Cash receipts are the written proof that your business has made a sale. One copy of the...
From time to time, you will make accounting errors, so knowing how to catch these discrepancies is an important skill to develop regardless of what accounting software application your team and company uses. The moment an error is spotted, investigative measures should immediately be taken to correct the mistake. Time is of the essence here,...
Until recently, Operational Technology (OT) and Information Technology (IT) have worked separate from each other in many industrial establishments. However, modern advancements towards Smart Manufacturing Methods and increasing recognition of collaboration benefits propels industry leaders to close this gap. Businesses that master this cutting-edge convergence ahead of their competitors will see significant advantage and substantial...
