7 Tips for Effective Succession Planning

succession planning

Research estimates that more than 66 percent of companies lack any type of formal succession plan for their organizations. But in today’s fast-paced, constantly-evolving markets, establishing a succession plan is critical for success in the present and in the future. Massaging talent to eventually fill leadership roles means positioning a company to retain their talent…

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Does Your Business Need an Operational Review?

operational review

Organizations across every industry tend to have an “if it’s not broken, don’t fix it” attitude towards their business processes and workflows. Successful companies, understandably so, are hesitant to rock the boat in creating new methods both internally and externally. Change is difficult in any department – from marketing to sales to human resources, and…

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A Deeper Look Inside the IPO Process

IPO

In 2018, the median IPO deal in the United States was $108 million. Globally, Hong Kong leads the ranks as the country with most company IPOs. Taking a company public is arguably one of the most challenging and laborious processes in the business world. Dependent upon the size of the company, the IPO process can…

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19 Reasons You May Need a Forensic Accountant

Accounting, budget, price.

From finance to business to legal issues, the role of a forensic accountant stretches further than many people realize. Sure, the $360 billion hit the economy takes each year due to corporate fraud gets most of the attention, but the reality is that forensic accounting weaves its way into a plethora of situations. Forensic accountants…

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The Marriage of Business Planning & Business Valuation

business valuation

Business owners today are normally consumed with worries like budgets, bettering their product and/or service, and retaining a happy, productive staff. These worries often lay the foundation for how the company is able to run efficiently, no matter where a company is in its lifecycle. While the scale of these worries certainly varies in a…

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Biggest and Most Impactful IPOs of All-Time

IPO (Initial Public Offering)

An initial public offering (IPO) refers to the first sale of stock that a company issues to the public, officially taking them from a private company to a public company. In the current world of tech giants, IPOs have seen a notable transition. In the 1990s the dot-com era had IPOs running rampant, but the…

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Setting Actionable, SMART Business Goals for 2019

2019 SMART Goals

Business owners and executives are typically tasked with maintaining a bird’s-eye view on both the organization’s current health and forecasted future health. It is from this perspective that critical decisions are made and the overall direction of the company is established. As 2018 comes to a close, time is of the essence to evaluate the…

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Is It Time To Restructure Your Company?

business restructuring

Upon launch, companies are forced to choose the type of entity in which they will operate. Unfortunately, what makes sense during the infancy phase of an organization, may not work well as the company develops and grows into maturity. Restructuring a company can take many different forms. From transitioning into a different level of operation…

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2018’s Most Notable Mergers and Acquisitions So Far

IPO

The first half of 2018 saw announcements of over $2.5 trillion in mergers, setting a record stretch of deals. These mergers and acquisitions were largely in the energy and power, media, health care, industrial, financial, and tech space, as competitors of Silicon Valley fought against its continued ruthless pursuit of market domination. M&A activity reached…

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Succession Planning and the Importance of Business Valuation

Modern laptop with the Internet connection. Design concept

Companies across the globe are leaning more readily on regular business valuations, particularly in the sector of small and medium-sized enterprises (SMEs). Business valuations are conducted for a variety of reasons. Whether an organization is considering restructuring the business, dealing with relationship issues, looking into transactional retirement planning, or proactively preparing for a sale, business…

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