As any manufacturer will tell you, challenges lurk everywhere. Yet one of the top challenges facing manufacturers today is the demand to make quicker, smarter decisions about industry specific needs.
What are the five core business costs and how can they help free up needed cash to fuel growth initiatives for growing businesses?
Do you have a direct ownership interest in a privately held company? Or did your company grant you stock options, stock appreciation rights, or another kind of stock-based compensation? If so, do you know what your business interest is worth?
One of my favorite games as a kid was the murder-mystery classic Clue. Do you remember trying to deduce the culprit, the murder weapon and the room in which the attack took place? “I think it was Colonel Mustard in the kitchen with the candlestick.” “I think it was Mrs. Peacock in the hall with […]
Skoda Minotti has been named to the 2016 Crain’s 52 Fastest-Growing Companies. Crain’s 52 recognizes the entrepreneurial spirit, innovative business tactics and skyrocketing revenue growth of the 52 fastest-growing privately held companies in Northeast Ohio.
So often, client service professionals think of new business primarily in terms of attracting new clients. Yet one of the greatest sources for new work – and increased revenues – is often front and center in our world each work day.
There are countless considerations when selling your business. We have discussed valuation fundamentals, strategic vs. financial buyers, deal structure and a host of other factors that impact the economics of the sale of an owner’s business. Here, we will build on those articles by providing some practical ideas to help you enhance the value of your business before you sell.
Skoda Minotti, a CPA, business and financial advisory firm headquartered in Cleveland, Ohio, has been named to Accounting Today’s 2016 list of Top 100 firms nationwide based on revenue. This is the third-consecutive year the firm has been ranked on the industry’s prestigious list. Skoda Minotti’s 2015 revenue figures ranked #75 nationally, and #14 in the Great Lakes region (Illinois, Indiana, Michigan, Ohio and Wisconsin).
Crowdfunding is the practice of funding a project or venture by raising many small amounts of money from a large number of people. This popular method of raising money can create a lot of questions from an accounting and tax standpoint.
It’s just as important to look forward at budgets and forecasts as it is to look back at past financial performance of a business. At the same time, accounting irregularities can cause surprises down the road. You don’t want to be in a position of needing to restate earnings because of mistakes made in the way the target is accounting for transactions. Revenue due diligence will help decrease the risk that revenue was characterized incorrectly.