Learning opportunities: What the Office Max / Office Depot merger can do for you

In late February, Office Max and Office Depot agreed to merge, pending normal government and shareholder approvals — and while this merger had been anticipated by the financial community for many years, the reasons why this took place are all too common. The office supply world has changed dramatically over the past 16 years. In […]

Kelly Borth: Communication plans are key to a successful merger or acquisition

A merger or acquisition is a sensitive process for all parties involved. Misinformation can abound, egos can be bruised, and business relationships can be damaged. One major cause of problems for companies entering a merger or acquisition is rumors and misconceptions that are allowed to run rampant through all levels of employees and stakeholders, as […]

Timely information leads to better decisions

A trusted adviser can help you track data and review ways to boost profit. Mark Van Benschoten, a principal at Rea & Associates Inc., lists some things to consider in discussions with your accountant. Q. What accounting missteps might lead to decreased profitability?  A. Not having timely and accurate monthly financial statements can hurt a […]