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.
Cups Café serves coffee, hope and a lot of love
Tim Van Arsdale has created a place in Medina where young people facing a dark time in their lives can pause to catch their breath over a cup of coffee or a bowl of soup. Cups Café is a nonprofit community café at 126 N. Court Street that doesn’t need a cash register because everything […]
How to add energy to your dull team meetings
How many times have you led a meeting and not felt good about the energy in the room? Did you feel your people were not as engaged as you had hoped? Did you wonder, “How can I change this?”Employees do not enjoy sitting for extended periods of time and listening to you or anyone else […]
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.
TubeMogul was doing OK, but Brett Wilson knew it could do even better
Brett Wilson could see the concern from his employees when he and his team at TubeMogul Inc. decided to take the company in a completely different direction in 2011.
Why it should be a vital component of your corporate culture
Business owners and entrepreneurs—does your company care? Do your customer service personnel treat your clients with respect, understanding and empathy? Do your employees volunteer their time and talent to better the community or assist an organization? Then you’re doing it right. Encouraging your staff to be good citizens by volunteering in the community is not […]
It’s a good time to get back to why
At this time of the year, following the close of the fiscal year for many organizations, we often take stock of our financial health and make budget projections to ensure the sustainability of our organizations. Perhaps there is no more important time to consider also taking stock of the culture and climate of our communities […]
Be clear about your company’s needs before pursuing a new line of credit
One of the keys to securing an appropriate line of credit for your business is being clear with your bank about the problem you’re trying to solve, says Kelly Cook, senior vice president, Technology Banking Group at Bridge Bank.
What I’ve learned working to secure grant funding
Like many accelerator and incubator programs around the country, the Akron Global Business Accelerator writes grants to secure funding for programs, projects and activities to support the companies and entrepreneurs in our program. Proposals have ranged from one-page requests to local foundations to several hundred page documents to secure state and federal funds. The frequency […]
A look at how a new trade secret law will affect businesses
Every business has trade secrets. Trade secrets can include formulas, processes, methods, know-how, customer lists, business plans and other confidential information. Unfortunately, current or former employees, competitors, vendors and even suppliers can improperly acquire a company’s trade secrets.