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...
According to data gathered by the U.S. Bureau of Labor Statistics, 20% of small businesses fail in the first year and close down in less than five. While some of these entrepreneurs fail because they failed to fill a need, had a poor business plan, or chose the wrong location, many small firms fail because...
What is a Fractional CFO? A specialist in finance who works as needed to assist your company in achieving its objectives is known as a fractional CFO. They offer the same caliber of knowledge you’d anticipate from a full-time CFO at a fraction of the price and time commitment. The majority of fractional CFOs have...
Choosing a business structure is one of the most important considerations an entrepreneur makes when launching a new venture. For those who decide against partnerships, LLCs and sole proprietorships, there’s still a decision: What type of corporation do you want to create? C corporations, often known as C corps, are an excellent option since...
The Essential Guide for Online Reputation Management For businesses, managing their online reputations is essential. A few unfavorable reviews or remarks are all it takes to harm your internet reputation and drive away clients. Because of this, having a strong online reputation management strategy in place is crucial. This blog will define online reputation management,...
Top 7 New Year Tips for Greater Business Growth in 2023 Even though business owners may be mired in the craziness of the holiday season, it’s never too early to consider the opportunities and difficulties that the coming year will present. There are many chances for you to start 2023 off well as this busy...
HR Compliance for Small Businesses Follow these six steps to help your business stay HR compliant. HR compliance is the implementation of human resources policies and procedures that comply with laws and regulations. Businesses must maintain HR compliance to avoid penalties, fees, or legal action. HR compliance can involve a variety of HR functions,...
When you hire a new business, what is the first thing you do? Your first step is probably to search them on Google. Google reviews play an important role in customer decision making. Over 60% check reviews online before visiting a business. In order to commit to your company, they want to hear what other...
A recession is rumored to be on the horizon. As part of efforts to tame skyrocketing inflation, the Federal Reserve raised interest rates in mid-June, its largest increase since 1994. A combination of inflation and economic contraction is now being dreaded as stagflation. There has been a lot of volatility in the stock market lately....
Let’s assume that you are planning to attend a networking event at your local chamber of commerce or some other type of event. You are nervous, paid a lot of money to attend and took time out of your day. You wonder if this will be a return or a total waste of time. What...
It’s inevitable that there will be disagreements. Competing interests lead to them. They can also occur when people have different ideas about how to achieve a common goal, even when they are theoretically working toward the same goal. Disagreements can provide great leadership opportunities for great leaders. A disagreement can be turned into progress...
When focusing on franchise growth, companies should follow these steps. Franchising is one of the fastest growing industries in the world. For brands to maintain growth and attract the right franchise owners in a competitive marketplace, there are three key pillars to consider. Keeping your brand’s vision in mind is essential if you want...
In small businesses, especially those with very small staff, it’s common for entrepreneurs to hire relatives. Because of their familiarity with you and their capabilities, you already know them as “employee candidates.” It is important to understand the tax implications of bringing your spouse or children into your business. I would like to point out...
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 bookkeeping, etc. Yet,...
The ridiculous promise that gurus can teach individuals how to buy good businesses that can be purchased with no down payment is luring unsuspecting individuals into expensive courses, boot camps, and seminars. These so-called experts are charging thousands of dollars for horrible tactics they have never even tried, let alone succeeded at. It appears that...
When uncertainty exists, there is always a chance for business risks. A business continuity plan is required whenever you apply for a loan or business insurance. The majority of applicants check yes without any actual plan even if they don’t have one. I wouldn’t recommend that. Institutions ask for business continuity plans for a reason....
Holidays and engaging with your customers. During the holidays, marketing campaigns can do more than just promote products and services with a discount code attached. With the holiday season comes emotional connotations, so connecting your business/brand to positive connotations can be valuable as well. What can you do to differentiate your brand and make...
“Why should I hire a Virtual Assistant?” There are tasks to send off to your virtual assistant, it’s just knowing which. This is a question people ask when their businesses have grown to a point where they are too busy to think about how to grow them. Despite the importance of routine tasks, they take...
Remote or in office is the great debate between employee and employer with the power dynamics shifting. A high level of demand has been present for the last year and a half. The reopening of the economy presented companies with a desperate need for workers. Companies offered options for working remotely or hybrid. Others offered...
HR workflow steps for efficiency is key to managing an employee’s life cycle as an HR professional. Being in charge of such a great deal of responsibility requires someone who can manage the work efficiently and be organized. HR professionals can effectively manage their daily workflows and see better results for themselves, their employees, and...
Startups are like online dating when pitching venture capitalists. You’re pitching yourself and your services trying to see if you have a future partner who wants the same services you offer. What makes your pitch stand out vs someone elses? How do you decide? How do you pitch the perfect service? A person’s immediate reaction...
You may have some trepidation about outsourcing your company’s sales function – and that’s completely understandable. You probably have been handling everything on your own so far, even if you want professional assistance. It’s not uncommon to feel worried about bringing another person into the equation – and it’s normal to do so. In order...
Business relationships are important since they help businesses and companies get more customers and keep them since customers are provided with a positive experience through these relationships. As a new customer, you’ve got your hands full. You have a long and expensive acquisition process, and they will leave at any time. A faithful customer, on...
The top reasons companies should prepare for the departure of their CEOs is by having in place a corporate leadership succession and transition plan is essential to ensuring corporate leadership succession and continuity during a transition. Howard Schultz’s announcement last week that he would end his third tenure as Starbucks’ CEO early next year reminded...
Virtual Assistant Programs are on the rise. MCDA CCG has been flooded with requests for Virtual Assistant demands and inquiries. You asked, so we listened! We are now offering Virtual Assistant programs with some of the top US based talent for your next VA! When deciding how to augment your business, you may be confused...
