Financial Advice. Who Needs It?

Financial Advice. Who Needs It?

“Financial advice, schminantial advice!”  Too often, business managers dismiss the need for such services. Yet, these same individuals have no hesitation entrusting their personal savings to investment advisors. Why should one’s business finances be treated...
The Two Percent Solution

The Two Percent Solution

Two percent doesn’t sound like much but, when properly applied, can make a world of difference. A two percent solution of salicylic acid, for instance, will clear up blemishes and result in smoother looking skin. Interesting. But did you know that a two percent change...
50:50 Partnerships Seldom End Well

50:50 Partnerships Seldom End Well

You’ve developed a patentable idea and want to commercialize it. To do so, you’ll need someone to help with finance and management. So, you approach your close friend, “Bob.”  You’ve known Bob for years, since college in fact; he’s a great guy who has the requisite...
Year End Adjustment Surprises

Year End Adjustment Surprises

A reader of my recent, year-end closing blogs asked me to write about surprises I have found when helping clients close their fiscal years. There are many. This particular blog is a tale of old adjusting entries, the unfinished, the unseen, and the unforgiveable. The...
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