FASB Proposes Standards Delay
At their meeting on July 17, the Financial Accounting Standards Board (FASB) voted to propose an implementation delay on four key standards. Proposed Delays Earlier this year, both the AICPA’s…
July 2019
Professional Services Strategy is Different
Because a professional services business is selling a service, business strategy is different from a traditional product-selling company. This article discusses strategic management for professional service businesses. To view this…
Developing a Marketing Strategy for a Restaurant
Developing a marketing strategy that targets customers and builds a brand is crucial for restaurant success. This article discusses ways restaurants can develop a successful marketing strategy. To view this…
Digital Strategies Are Evolving
Businesses must allow their technology departments to experiment with disruptive technologies. However, there is a need for IT professionals to adequately explain why a certain technology can help the business. …
Agriculture Analyst Urging Farms to Focus on Strategy
The variables surrounding crop prices are stressful and uncontrollable, but farms can handle these uncertainties by focusing on their strategy. This article discusses suggestions for creating a strategy that can…
Successful Construction Project Manager Strategies
Construction project management is filled with unique challenges and constant change. This article discusses five strategies to help construction project managers become successful. To view this article, click HERE to…
The Future of Smart Manufacturing
Cloud-based solutions are helping manufacturers effectively store and secure data. This article discusses the risks of cloud strategy and explains why edge computing should be implemented into manufacturing data processes. …
Using Small Business Advantages
Competing against big corporations is a challenge for small business owners, but focusing on a niche market can be a huge benefit for small businesses. This article discusses eleven advantages…
CECL and Non-Financial Institutions
As current expected credit loss (CECL) is being finalized, non-financial institutions are determining how these changes will impact their bottom line. This article discusses how accountants should prepare non-financial institutions…
Bridging Generations in a Family Business
The average family business survival is only 12% when transitioning from the second to the third generation. This article discusses four strategies to bridge the generation gap and set your…