As raw material and transportation costs continue to climb, many distributors are encountering price increases from their suppliers. Waiting for prices to stabilize isn’t an option for businesses feeling the pinch of these increases. Before decidin...

The fall is a critical time for looking at your business and making adjustments before the new year. In addition to the tasks of tax planning and budgeting, strategic planning should be on the fall to-do list for your business. Effective strategic pl...

As a business owner of a mid-sized company, should I consider having an advisory board? Whether large or small, companies are constantly challenged by the operational and financial facets of navigating their business. Establishing a strong board of a...

by John Scollin, Shareholder, Business Advisory Group If you waited to file your tax return until April 15, you may have been shocked to learn the IRS rejected your return because it was already filed. As panic set in you began to wonder how this co...

With oil prices still unstable, I’m concerned about a drop-off in business. What should I be doing now to prepare for a potential downturn? The answer is to run some scenarios. You want to determine if you have enough cash flow to operate during a ...

It’s critical contractors stay on top of their bottom lines. That, of course, will require you to fully understand what a hit to your profitability can do to your construction company. Here are some key items you simply can’t ignore if you want t...

It’s no secret that projections are essential to effectively managing cash flow, providing you with the financial foresight you need to make more profitable business decisions. This is especially true if your business is being affected by the recen...

With the U.S. unemployment rate falling to a low of 5.7 percent in January, the economic forecast through 2015 remains optimistic, even though the energy sector is experiencing some difficulty due to the falling price of oil. Although some business o...