Archives: Articles

How to choose the right CFO for your company

The ability to nurture and build relationships is critical for today’s CFOs, says Larry Ormsby, a partner at ON Partners. In businesses that are characterized by rapid growth, Ormsby says, the seemingly perpetual onboarding of new employees and either Wall Street or Private Equity financing means relationships need to be established quickly so trust and cohesiveness can be formed.

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A quality of earnings report can be a valuable tool when selling your business

Quality of earnings reports are independent reports that are generally associated with the sale or acquisition of a business. While quality of earnings due diligence occurs more frequently on the buy side of transactions, they can be very effective for owners looking to sell their business. Business owners may be taking a big risk by not completing a quality of earnings report in advance of any effort to sell their company, says Richard Snyder, CPA, Director of Audit & Accounting at Kreischer Miller.

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The ins and outs of what to expect from equipment appraisals

At a certain point in time, almost every business owner will be faced with the question: What is your machinery/equipment really worth? Book value is rarely an accurate representation of what the equipment is really worth. More importantly, inquirers want to know the real value, which is accurate and can be substantiated. Knowing what to expect during an equipment appraisal process can help business owners be more prepared.

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