unnamed (56)

There is a lot of bad financial information out there- to put it lightly. What’s even worse is that while this information comes from a variety of sources, your broke cousin for one – it also comes from people who claim to be “professionals” in the “financial field”.  Trusting your financial operations to someone that...

unnamed (18)

Ignorance is bliss… Until it runs you into the ground. Chances are, whether you are a business owner, founder, entrepreneur, CEO, etc. (or just a human being for that matter) you prefer to spend your time on the more “fun” side of things.  We all do. However, this is no excuse to have anything less...

unnamed (10)

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...

unnamed (1)

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....

unnamed (32)

There are two options when purchasing assets with a useful life of greater than one year. 1) Expense 2) Capitalize Capitalized assets are referred to as fixed assets and represent tangible property and equipment with a useful life of more than a year (except collection items and assets held for investment purposes) that meet or...

Sparked by the modern wave of entrepreneurship, more problem solving individuals are starting their own businesses than ever recorded-and with innumerable resources offered by the internet, this number is only growing! Stopping at nothing to improve the world, more people are advancing into the world with their fresh perspectives and eagerness to march with the...

While strong, dependable financial practices remain a predominant key to the current and future success of your business, too many businesses fail to implement them. Despite recognizing that poor and inconsistent financial management excels in causing weak business performance and growth, most business owners still fail to carry out the necessary financial tasks to keep...

If your business was fortunate enough to have received a Paycheck Protection Program (PPP) loan or an Economic Injury Disaster Loan (EIDL), you may have now decided that you want to pay it back for for any number of reasons: You didn’t fully understand the loan terms when you applied, You cannot use the PPP...

Update as of 16 – June – 2020- THE EIDL ADVANCE IS OPEN TO ALL APPLICANTS! (Many of our clients are currently seeing approvals within 24-48 hours at this time!) MCDA is submitting and can provide same-day confirmation numbers for the Economic Injury Disaster Loan (“EIDL”) & Grant Program. We have successfully provided funding for hundreds...