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Fahrenheit Named a “Best Place to Work” for the 5th Consecutive Year
The Fahrenheit Group is proud to announce we have again been named as one of the Best Places to Work in Virginia for the 5th consecutive year. This annual list is broken into three categories: small, midsize, and large employers. This year marks the eighth year that Virginia Business has compiled the list in cooperation with Pennsylvania-based Best Companies Group.…Read More -
Use Benchmarking to Swim with the Big Fish
You may keep a wary eye on your competitors, but sometimes it helps to look just a little bit deeper. Even if you're a big fish in your pond, someone a little bigger may be swimming up just beneath you. Being successful means not just being aware of these competitors, but also knowing their approaches and results. And that's where…Read More -
My Employer Gets It
When I think of my employer, the one phrase that always comes to mind is: "My employer gets it." What do I mean? Let me explain. I've been in HR for 20 years. From recruiting to employee relations to HR Management and HR Generalist roles, I've been lucky enough to work under great leadership that has granted me opportunities to…Read More -
Fortifying Your Business with Enterprise Risk Management
Hundreds of years ago, prosperous towns managed the various risks of foreign invaders, thieves, and wild animals by fortifying their entire communities with walls and towers. Today's business owners can take a similar approach with enterprise risk management (ERM). Assessing Threats In short, ERM is an integrated, companywide system of identifying and planning for risk. Many larger companies have entire…Read More -
The Finance Industry is Primed for AI. Here’s Where We’re Headed
Artificial intelligence is impacting all areas of our world - including the world of finance. While it is still in its infancy stage in our industry, AI and automation are definitely seeping into the financial profession, and we are just seeing the tip of the iceberg with regards to the benefits to our industry. What type of impact will AI…Read More -
4 Ways to Get (and Keep) Your Business Data in Order
With so much data flying around these days, it's easy for a company of any size to get overwhelmed. If something important falls through the cracks, say a contract renewal or outstanding bill, your financial standing and reputation could suffer. Here are four ways to get -- and keep -- your business data in order.
Simplify, simplify, simplify. Look at…Read More -
Managing Director Jonathan Brabrand serves as the exclusive mergers and acquisition advisor to Lawrence Environmental in merger with The Supply Room
By JOHN REID BLACKWELL Richmond Times-Dispatch The Supply Room Cos. headquarters off U.S. 1 in Hanover County. William Pahnelas Two long-time, local companies in the office supplies and janitorial supplies business have merged. The Supply Room Cos., a Hanover County-based business founded in 1951, completed an acquisition earlier this month of Lawrence Environmental Group, a 75-year-old supplier of cleaning…Read More -
When Should Business Owners Think about an Exit Strategy?
Outside of marriage and the birth of a child, selling a business may be the most important life event an entrepreneur ever experiences, representing the financial reward from years of hard work, vision, and determination. And like anything that important, you want to do it only once, and you want to do it right. Business owners often wonder: when is…Read More -
How Profitable Are Your Customers?
"We love our customers!" Every business owner says it. But all customers aren't created equal, and it's in your strategic interest to know which customers are really strengthening your bottom line and by how much.
Sorting Out the Data
If your business systems track individual customer purchases, and your accounting system has good cost accounting or decision support capabilities, determining…Read More -
The Fahrenheit Five
I was employee #15 when I joined The Fahrenheit Group in 2014. Part of what drew me to join was the authenticity of the people I met and the alignment of my beliefs with the organization's Founding Principles.
Recently, I was reminded of the five critical elements Fahrenheit aspires to while reading an article from Forbes Magazine titled "Five Important…Read More -
Fahrenheit featured in WRAL TechWire
by Laura Baverman — October 31, 2017 Most startups can't afford to hire someone with 25 to 30 years of experience in their industry, but many could use that type of talent at some point in their company's journey. A CFO to help raise capital. A sales leader to develop a strategy for selling or to recruit a solid team.…Read More -
Find the Right Path Forward with KPIs
From the baseball field to the boardroom, statistical analysis has changed various industries nationwide. With proper preparation and guidance, business owners can have at their fingertips a wealth of stats-based insight into how their companies are performing - far beyond the bottom line on an income statement.
The metrics in question are commonly referred to as key performance indicators (KPIs).…Read More