Why Fintech Disruptors Are Good for Big Banks

Why Fintech Disruptors Are Good for Big Banks The financial crisis has been over for some time now, and the banking industry has recovered. Arguably, though, banks’ reputations have not. In addition to the general public’s overall dissatisfaction with big banks, a generational divide exists. Link to PDF

Mastering Cash Management

If you have been fortunate enough to hit that sweet spot wherein, through hard work, instinct, timing and opportunity, you find yourself at the helm of a thriving, profitable business, you have already achieved what many others have only dreamed of. Yet, once you have realized your vision and created a successful business, the prospect of what it will take …

Budgeting and Financial Statements for Startups

Budgeting and Financial Statements for Startups In addition to the hundreds other things you must think about when starting your business (e.g., facilities, equipment, personnel, permits and sales), you must consider a financial plan (budget) for the business and a way to measure financial performance (financial statements) against the budget on a periodic basis. Once your company has been financed …

The Importance of Estate Planning for the Closely Held Company

The Importance of Estate Planning for the Closely Held Company Why is estate planning so important for the closely held company? Let’s consider two scenarios:  Scenario 1 You start a business that is doing less than $1,000,000 in sales in its first year, but you know you are onto something valuable. The company sales over the next 30 years grow …

Revenue Recognition – Why Is It So Important?

Revenue Recognition – Why Is It So Important? Today’s financial world puts a great emphasis on meeting targets. From the perspective of those who run businesses and their employees, it can mean the difference between a large bonus or being let go.  From a stockholder’s perspective, it could mean the difference between selling or holding a stake in a company. …

How to Develop an Indirect Rate for Your SBIR Proposal

How to Develop an Indirect Rate for Your SBIR Proposal In this webinar, Ed Jameson of Jameson & Co. CPAs will show you how important an indirect rate is to your SBIR proposal. You’ll learn how to calculate your indirect rate properly and what mistakes to avoid in establishing your rate so you can be sure that you won’t lose …

How to Establish an SBIR Accounting System that Can Withstand a Government Audit

How to Establish an SBIR Accounting System that Can Withstand a Government Audit In this webinar, Ed Jameson of Jameson & Co. CPAs explains why it’s extremely important to have a proper accounting system in place when dealing with SBIR/STTR awards. You’ll learn what you need to do so you don’t lose hundreds of thousands or even millions of dollars …

Audit vs. Review

Audit vs. Review As a company grows and matures, it will likely eventually need the assistance of a certified public accounting firm (CPA firm) to provide some level of assurance on its financial statements. A management team’s discussions often result in the following question: Should we have an audit or review performed? The answer is more complicated than most people …