Recent Posts
The Coming Storm for Small Businesses
The Corporate Transparency Act: A Regulatory Quagmire for Small Businesses Introduction Small businesses, the backbone of the American economy, are facing yet another challenge on their journey to success – the Corporate Transparency Act (CTA). Enacted by Congress in...
Overview of the Telecom Services Market – 2024
Introduction The Telecom Services Market, valued at USD 1.68 Trillion in 2022, is projected to reach USD 2.63 Trillion in 2030, with a compound annual growth rate (CAGR) of 6.66% from 2023 to 2030. This market encompasses a dynamic landscape shaped by the...
Bridging the Gap: Aligning 2024 Strategic Initiatives with Budgetary Realities
Introduction: In the fast-paced business landscape of 2024, companies face the perennial challenge of aligning their strategic initiatives with their budgets. The disconnect between these two crucial documents can lead to inefficiencies, missed opportunities, and,...
Ideas come from the strangest places.
A career CFO reflects on where ideas come from and how to generate them. Intrigued by the Intricacies of Problem Solving From the early days of my career, the workings of the human brain and the art of problem-solving have captivated my interest. Countless times, I...
The Role of a CFO in the Franchisor-Franchisee Relationship
How a Strategic CFO can Nurture a Strong and Collaborative Relationship between Franchisors and Franchisees Opening a franchise is a significant decision and one that involves a certain amount of risk. The legal relationship between franchisors and franchisees is also...
Risk Management is Like Creating a Classic Symphony
Executing a successful risk management program for an organization is a collaborative effort that necessitates the commitment of the entire organization, particularly the C-suite. While the CEO holds ultimate accountability for the assessment of risk, it is the Chief...
The Corporate Transparency Act (CTA) Revealed! Are you protected?
More than 30 million small companies will soon find themselves subject to a new reporting requirement set to take effect in 2024, and it seems that many of them are still in the dark about it. This new rule, born out of the Corporate Transparency Act (CTA), applies to...
The Ongoing Challenge of IRS Audits for Employee Retention Credit (ERC) Recipients
The Employee Retention Credit (ERC) has been a vital lifeline for many employers struggling through the economic challenges brought on by the COVID-19 pandemic. However, a recent article highlights an important and often misunderstood aspect of the ERC program: the...
The Art of Successful M&A Integration: Lessons from Newellization
In the realm of M&A strategy, one often encounters the term "Newellization," a methodology named after a relatively small household goods company nestled in Freeport, Illinois. The Newellization strategy is grounded in four core principles that have proven...
Eligible Salaries for Employees Conducting Research for R&D: Understanding the R&D Tax Credit for Small Businesses
In the world of business, innovation is the key to success. Small businesses, just like their larger counterparts, engage in research and development (R&D) activities to create new products, improve existing ones, and stay competitive. What many small business...