covenant violation Archives

Crowdfunding for Startups: 7 Kickstarter Alternatives

Despite being one of the most well-known platforms for crowdsourcing, Kickstarter isn’t necessarily guaranteed: There are dozens of projects that simply didn’t get enough traction to receive funding. So, what other options are there? Here are 7 websites that can help you find the funding you require, whether you’re seeking for a little investment to kick-start your...

3Febmcdabrianna

Steps to Eliminate Workplace Stress

Workplace stress can have a physical and psychological impact on your employees. Learn how to identify stress and then eliminate it. According to 2021 research by the American Psychological Association (APA), 66% of workers consider their jobs to be very important or fairly significant stressors, which is an increase of 2% over the previous year....

2Febmcdabrianna

10 Financial Tools Your Small Business Can’t Live Without

Owning a small business and managing the finances can seem like an endless task. From invoices to expenses to day-to-day accounting and dealing with the IRS, it’s a wonder that entrepreneurs ever find the time to deal with actually producing goods or providing services. Fortunately, technology has created a wide range of solutions that can...

1Febmcdabrianna

5 Tax Changes Small Business Owners Need to Prepare For

For the 2023 tax season, there are numerous new and pending changes to tax regulations and deductions that are crucial for small businesses. For instance, in recent years, there have been pandemic-related business assistance programs, the most of which are now coming to an end. High inflation has also occurred, which has necessitated changes for...

31Janmcdabrianna

Social Media Marketing Benefits

Social media is one of the most powerful marketing platforms, which is no secret. However, have you ever considered what it might mean for your company? The main social media marketing advantages for 2023 are broken down in this report, from better brand recognition to improved conversion rates. So without further ado, let’s dive in!...

30Janmcdabrianna

Deal or No Deal: Are Coupons Good for Business?

Everyone enjoys finding ways to save money, and using coupons is one such strategy. Online coupon aggregators have emerged as a result of the couponing boom, and some people have turned traditional coupon clipping into a hobby to increase their savings. Even celebrities and coupon influencers post advice on social media. But do the small...

26Janmcdabrianna

What is Workforce Optimization? Ultimate Guide

Have you ever wished there was a way to guarantee that the personnel you employ operate as effectively and efficiently as possible? The solution is to optimize the workforce. With the correct equipment, you can improve productivity, employee morale, and the working environment. We will go through the fundamentals of workforce optimization and offer useful...

25Janmcdabrianna

HR and Marketing: Bringing Both Together for Better Business

Typically, when we think about human resources and marketing, we picture two distinct departments within a business, one concentrating on external factors and the other on internal factors. But the collaboration between these two departments is growing. Consumerization of HR Many refer to it as the consumerization of HR. Employee recruitment, engagement, and development are...

24Janmcdabrianna

How Does Outsourced Accounting Work?

Any business trying to meet the financial needs of their organization can benefit from outsourced accounting firms. These services can cater to the particular demands of your company and range from straightforward bookkeeping to fully fractionalized CFOs. This article explains the operation of outsourced accounting services and how they can help your company. Your business...

business Business Coaching business growth consultant Finance small-businessWhat To Do If You Violate A Bank Covenant

December 10, 2020by Mikerash0

At MCDA CCG our finance experts have over 80 years of client experience and inevitably, we have had clients that violated a bank covenant. Our advice is alway to be proactive and upfront and avoid having to be reactive. Bankers Hate Surprises Bankers are looking for clarity, certainty, and more importantly, communication! Their job is...