Category Archives: Accounting

Do Mistakes Equal Failure?

As a child, if you spill something on the floor, your mother shakes her head in frustration. In school, when you make a lot of mistakes on a test, you receive a low grade. When you accidentally reverse too carelessly in your car, inadvertently bumping into a shiny new Mercedes, you earn your insurance company […]

The Future of Finance: Dare to Be Bold

In this quickly changing era, it can be difficult for companies to look ahead as many simply struggle to keep pace with the rapid transformation. Accountants and CFOs make changes based on current knowledge of their financial environment. These decisions often rely on lagging indicators. Rather than create value, most financial professionals compute and measure […]

The Efficiency Fallacy

Efficiency seems to be the Holy Grail of the corporate world. Many executives hire consultants—even specialists known as “efficiency experts”—to create more efficiency in their operations, believing that increased efficiency equals bigger profits. These clients want an outsider to find the hidden holdbacks in their business and make recommendations to revise those processes, believing that […]

What You Need to Know Before You Sell Your Business

The baby-boom generation includes Americans born between 1946 and 1964. Millions of baby boomers are now at or approaching retirement age, and many of those who are business owners are looking to sell their companies. As noted in a recent article in The Colorado Springs Business Journal, the Market Pulse Quarterly Survey Report from the […]