Revenue recognition standards are changing. Here’s what you should know.
Revenue is one of the most important measures used to assess a company’s performance, so it’s important to record it correctly and consistently. J.W. Wilson of Clarus Partners shares what companies should know about the changes to revenue recognition standards.
Changes at Ascender go deeper than a new name
Ascender, which began as Thrill Mill in 2012, started as a grassroots campaign to activate young professionals. It has become much more.
Hands-on collaboration at The Point at Otterbein University
The Point at Otterbein University is a one-stop shop for learning, creating and building. Learn more about the new science, technology, engineering, arts and math (STEAM) innovation center that combines academics with the business and manufacturing needs of the community in our enhanced edition of Smart Business Columbus.
Bosses are team members, too.
No matter who the boss, we always worked better when we were partners, team members and fellow employees. Bosses need help managing their team and, yes, they too need mentoring, managing and coaching to build a successful team and to be successful themselves.
Strategic planning and the importance of proper capitalization
Without a thoughtful five-year plan that’s updated annually to address shifts and changes in business cycles, companies often don’t have enough capital to compete effectively as they grow. Huntington Bank’s Jim Altman talks about the importance of matching a financial plan to a strategic plan.
Big Brothers Big Sisters of Central Ohio broadens its support around children
Big Brothers Big Sisters of Central Ohio uses data to get to the root of some significant challenges that Ohio children face.
Strategies for separating the family from the business
One of the greatest struggles of operating a family business is separating the family from the business. Elliot N. Dinkin talks total compensation.
Misalignment of values can lead to sub-optimal performance
A company’s values should be the starting point of every strategic discussion, change initiative and performance discussion, but not all companies are able to clearly define those values. Sequent’s Williams F. Hutter discusses how to avoid this mistake.
Entrepreneurs, beware of this misstep
After 15 years of serving on startup boards, reading startup blogs, articles and magazines, Catherine V. Mott sees patterns developing around company failures or missteps. Here’s her first lesson learned.
Common sense might not apply when it comes to copyright
Dan Thomson, a partner at Emerson Thomson Bennett, discusses copyright, Fair Use, and the ways in which companies leave themselves vulnerable in this area of the law.