For private equity firms, unanticipated data breaches can induce severe consequences. They negatively impact valuations, unnerve investors, create fundraising challenges, and damage a firm’s overall reputation. Yet unfortunately, private equity firms and their funds are prime targets for hackers. In 2020, the average mid-market private equity fund grappled with over 10,000 cybersecurity attacks per day,...

A company’s inventory functions as the blood keeping it alive, where even the smallest adjustments to its operation methods allow significant benefits in return. Focusing on your inventory tracks its value for inventory financing purpose while reducing business income for tax purposes.  The most commonly used warehousing method, First In First Out (FIFO), allows retailers, ecommerce, manufacturing, and other businesses quickly deliver...

With complex system implementation creating room for additional error, failed implementations are all too common. Troubled implementations commonly run way over budget, behind schedule, and/or fail to deliver expected business benefits. If you have experience-or are currently experiencing-a failed implementation, you know how devastating it can be for an organization. The aftermath of this type...

Overhead And How To Reduce Overhead Costs

Overhead, otherwise known as overhead costs, refers to the ongoing expenses associated with operating a business. Understanding your overhead costs and keeping them under control is essential to success as a business owner. Overhead Costs Overhead costs represent business expenses that are not directly related to making a product or performing a service. Expenses such...

Break Down The Silo Between Sales and Operations

When working with clients on their organizational structure, we often see very separated departmental silos. It is a very common mistake, but a very correctable mistake. This post is going to focus on the most common departmental silos, sales and operations. It is common for these same clients to believe that it is the sales...