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...

Accelerate Revenue By Reducing Customer Churn

One of the most important KPI metrics that a startup business can measure is customer churn. Churn is a measurement of the percentage of accounts that cancel or choose not to renew their subscriptions in a given period, typically calculated for businesses with recurring monthly revenue streams such as a SaaS business. A high churn rate can negatively...

As the Covid-19 pandemic continues organizations have been forced to adopt or further expand work-from-home policies. Have you worried at all about your workers compensation insurance? Now would be a good time to review your workers compensation coverage and your processes. Fully understanding which injuries your workers compensation might cover, adapting your safety program, and...

What is a Change Management Plan? A change management plan is the outline that informs the use of tools and processes for managing the people side of change. The importance of change management stems from the fact that your employees (or end users) determine the success of your project. Some key aspects of an effective...

Evaluating Remote Employees What is the best way to evaluate remote employees? As the year-end approaches many companies are preparing for performance reviews. Due to the Covid-19 pandemic, workplace dynamics have been dramatically changed over the past few months. The word office has a whole new meaning now, from heavily reduced personal interaction and connection...

The costs associated with running a business seems to increase annually. As we are rapidly approaching 2021, without fail you will see everything getting more and more expensive. Rent, employee costs, travel expenses, all of it will likely increase. We have put together five simple ways in which you may be able to save a...

Uncovering Hidden Talent in Your Organization

Executives generally have a few key attributes they look for in the next generation of leaders that display a promise of outstanding things to come. Executives then become huge advocates for the individuals that are demonstrating these aspects; they write gleaming performance reviews and do what they can to ensure these stars are in the...

Small businesses prosper on the relationships they build with customers and product suppliers. Unfortunately, at any moment, these relationships can be strained due to the lack of proper inventory management. Managing your inventory on a regular basis will help prevent a shortage or surplus of your company’s products allowing you to thrive in areas such...

As you can see as a small business owner, technology has rapidly changed the way in which things get done. Customer’s are rarely using cash, having a mobile-friendly website is expected, and having some form of social media presence is pretty much a basic necessity now. With that being said, why haven’t we all fully...

I think we can all agree that 2020 has been one very crazy year. Employees and employers have been forced to learn tough lessons on pivoting and remote work. At MCDA CCG our HR team has been observing how our clients use of systems, communication skills, performance feedback (or lack of), standard operating procedures, etc.,...

In the face of uncertainty, successful business leaders must prioritize key business essentials and skillfully guide their organizations through this global crisis. MCDA CCG, Inc. has developed a checklist of 11 critical areas for financial executives to focus on now to position their organizations for a strong recovery. Cash management strategies Prioritize and conserve cash payments by...

Companies are continuing to make arrangements for employees to work from home, and others are fast tracking HR policies to meet the requirements of shelter-in-place orders by state officials.  These actions are making it an even higher risk for people being targeted by scammers, especially through phishing emails or through an unsecured network connection. Employees...

Everyday more businesses are forced to close their doors to keep up with the ongoing health and safety standards and revenue is plummeting.  The government is working to provide economic relief to American businesses, and some of the relief solutions are already available.  The SBA (Small Business Administration) has extended their disaster loans to small...

Let’s face it, we can all benefit from accounting software in our business. The shoebox full of receipts and closet full of other financial junk just isn’t going to get it done. The accounting software your business chooses is a very important choice.  It will record transactions, will estimate your income taxes, payroll taxes, can...

An online marketing funnel is a marketing strategy for companies to get a consistent stream of new leads or sales from their website. Most online entrepreneurs should have at least one type of lead or sales funnel in place. However, there are several types of marketing funnels that many online entrepreneurs and business owners are not using....

Purchasing equipment for a new business is an important, yet often stressful part of getting ready to launch.  You may be the most confident entrepreneur out there but investing hard-earned capital into fixed assets before you even make your first sales can be a nail-biting experience.  To ensure you make the right purchases, it is...