Category: Business Best Practices

Building a Business | Are you ready to grow?

Building a business is hard work.  No surprise there.  But, the key to success is in building the infrastructure that is needed for growth while you are building a business.  You need to do both and at about the same time.  Business owners are, by nature, entrepreneurial.  That means they are visionary and can see… Read more »

Business Relationship Management – Demystifying The Banks

Business Relationship Management – Is your banking relationship sound? For many businesses, a good banking relationship can be the difference between modest or strong growth. Your banking relationship is much like any other relationship. You need to nurture it and it’s important to understand your banker’s point of view, business relationship management is critical. Hopefully,… Read more »

New Accounting Standards for Leases issued this past Thursday

On Thursday (February 25, 2016), the FASB issued the long-awaited new standards for leases.  According to a Journal of Accountancy article published yesterday: “FASB’s Accounting Standards Update No. 2016-02 will require lessees to report obligations for operating leases on the balance sheet for the first time.” If you are a business owner today, in most… Read more »