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Many of us can remember the days of posting a job in the newspaper. While hiring methods have certainly evolved since the digital revolution, the ability to reach a wider audience has led to even more competition. This being said, every business at some point will need to invest in their job advertisements.  As we...

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There are many contributing factors that can drive an employee to resign from his/her position. Employees who find themselves constantly buried in their workloads and without the proper support from their peers and management will suffer the “need to get out” mentality.  In a recent survey nearly 600 individuals said they left their job without...

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After 11 consecutive months of hard work and perseverance to get his business up and running, the owner finally reached his breaking point.  If you’ve experienced this yourself, you can probably remember the same feeling. At some point along their entrepreneurial journey, every founder will eventually reach this crucial moment in their life, one where...

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Free money  Support your small business  No strings attached What’s the catch? We work with small business owners on the daily, and while some are completely unaware these financial offers exist, others choose to disregard them completely – for no other reason other than it’s time-consuming. Ultimately, it’s not so much a catch, but rather...

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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...

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After the end of each year, business owners are required to prepare 1099 forms to report payments to non-employees and others. While it’s normal to make a mistake on a 1099 form, it’s imperative to correct it for both the Internal Revenue Service and the payee.  Today, we’re going to give an overview of 1099...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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How many times have you looked at an advertisement and thought, “How did they think that was a good idea?” Well, more often than not, you are not the only one with that same thought. Below we have compiled a list of, in our professional opinion, the worst marketing failures in the last decade, as...

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When was the last time someone took an objective look at your business – evaluating your strategy, deciding whether it’s still the right strategy, seeing whether your operations are in line with your strategy and objectively examining your financial results? If your answer is “not recently,” then it may be time for a strategic, operational...

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Probably the biggest headlines today are those attributing to the global power outages of popular social media apps such as Instagram, Facebook, and Whatsapp.  These consumer favorite platforms used by businesses to collaborate with others and easily communicate with their consumers have fallen into widespread technical difficulties.  While these major conglomerates continue working to reload...

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Leading an entire business or even just a specific department is a tough job, you rely on your teammates to tell you the truth so that you can make decisions and feel confident in what is going on. While most of your employees will repay your trust with honesty, some will occasionally mix in a...

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As a startup, cash is everything. The longer you can make it last, the better. Yet we come across many startups that seem to manage cash flow by the seat of their pants. The result can be tumultuous, with startups running dangerously low on cash, forcing founders to go without pay, dip into their personal...

Do you have a know-it-all on your team? With the tendency to barrel through work related tasks while disregarding feedback from the rest of the team, sub par know-it-all’s create overall quality concerns and frustration from the rest of the team. Additionally, heightened obstinacy creates difficulty when trying to provide feedback to these individuals to...

In an increasingly competitive marketplace where larger businesses broadcast their competitive pay to attract talent, most smaller businesses can not afford this luxury and ponder ways they can retain employees. While smaller to medium sized businesses operate on a tighter budget, a new method of approach can prove that the little things go a long...

M&A Transactions: Is Confidentiality a Myth?

All M&A transactions require the business owner(s) to reveal information that is highly confidential and crucial to the success of the business. This action goes against the normal course of action for the business. Revealing this type of information to the wrong party can be detrimental to business operations moving forward, particularly in tight knot...

Second Chance for PPP Loans and EIDL Grants – Stimulus Assistance for Farmers and Ranchers

The $908 billion relief package signed into law on December 27, 2020 includes a very favorable update to the Paycheck Protection Program (PPP) for farmers and ranchers. The relief package also provides the Small Business Administration (SBA) with an additional $284 billion for PPP Loans, $20 billion for Economic Injury Disaster Loan (EIDL) grants, and...