The True Cost of Not Doing Job Costing

The True Cost of Not Doing Job Costing

The owner of a marketing communications business—let’s call her Christine—was sitting across from me. She cradled her head in her left hand and sighed. Then she looked over at me with large, pleading eyes and said, “My people have never been busier. But in the 10...
Are You Afraid to Change CPAs?

Are You Afraid to Change CPAs?

Most small and mid-sized business owners rarely change accountants—even when they should. There was the owner who was completely surprised to learn he owed $42,000 more in taxes than he expected. Another who received a nasty compliance letter out of the blue. And one...
How to Prevent Your Staff from Stealing Your Hard-Earned Dollars

How to Prevent Your Staff from Stealing Your Hard-Earned Dollars

We already looked at a profile to help identify thieving employees. Now let’s talk about prevention. That Won’t Happen in My Company! The first hurdle you need to overcome is this mindset. It’s why so many thieves get away with stealing so much for so long. Here’s the...
Start Loving Your Budget Process

Start Loving Your Budget Process

Call me a nerdy numbers guy, but at NPS this isn’t the holiday season, it’s the budgeting season. Did your eyes glaze over at “budgeting”? Did your brain immediately go to “I can’t be fenced in by some bean counter, telling me how many pencils we get to buy next...