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Is Your Accounting Software Living Up To the Hype?
Accounting software typically sells itself as much more than simple spreadsheet or ledger. The products tend to pride themselves on being comprehensive accounting information systems — depending on the price point, of course. So, is your accounting software living up to the hype? If not, there are a couple of relatively simple steps you can take to improve matters. TRAIN…Read More -
Peer Roundtables: The Difference Between Success and Status Quo
I’ve been working in the nonprofit sector for about 23 years, employed by two cultural organizations and as a consultant to myriad others. After serving on nonprofit boards in the 1990s, I felt called to pursue a career in the sector after seeing a need for the kind of skills, experience and commitment I had to offer. These years have…Read More -
Could You Unearth Hidden Profits in Your Company?
Can your business become more profitable without venturing out of its comfort zone? Of course! However, adding new products or services may not be the best way for your business — or any company — to boost profits. Bottom-line potential may lie undiscovered in your existing operations. How can you find these “hidden” profits? Dig into every facet of your…Read More -
Fahrenheit Advisors Adds to Executive Team and Expands Into Finance & Accounting in Phoenix
Richmond, VA: Fahrenheit Advisors, a full-service advisory firm headquartered in Richmond, Virginia, is pleased to announce the addition of two executive-level employees and expansion of its services in the Phoenix area. Rachel Lutowsky, an accomplished leader and executive coach, joins the team as Managing Director leading the Phoenix practice. Eric Kalter, a seasoned financial executive, also joins the Phoenix location…Read More -
4 Things to Know About ERP Conversions
There is good reason why an enterprise resource plan (ERP) conversion is jokingly referred to by many as a "career killer.” Many companies, leveraging their brightest leaders, boasting robust conversion budgets, and engaging the best hardware and software tools available have failed at or abandoned new ERP systems. And I’m not just referring to small and mid-size companies. Many high-profile…Read More -
How An Executive Coach Can Up Your Personal and Professional Game
Hi, everyone. Rachel Lutowsky here. I'm a new member of the Fahrenheit Advisors team, and I'm located in Phoenix, Arizona. My background includes 25 years in the field of organizational development, and really focused on human performance improvement. Coaching is such a passion for me. It's really important for me to be able to support people in their personal and…Read More -
Change Management Doesn’t Have To Be Scary
Business owners are constantly bombarded with terminology and buzzwords. Although you probably feel a need to keep up with the latest trends, you also may find that many of these ideas induce more anxiety than relief. One example is change management. This term is used to describe the philosophies and processes an organization uses to manage change. Putting change management…Read More -
Fahrenheit Advisors Announces Partnership With CvilleBioHub
Fahrenheit Advisors has announced a new partnership with CvilleBioHub, an organization in Charlottesville, Virginia created to connect the biotech and life sciences community and to promote the area as a center for this dynamic industry. Bobby Jenkins, who leads Fahrenheit Advisors’ efforts in the Charlottesville area, states: “CvilleBioHub is serving an important role in helping Charlottesville expand the life sciences…Read More -
Targeting and Converting your Company’s Sales Prospects
Companies tend to spend considerable time and resources training and upskilling their sales staff on how to handle existing customers. And this is, no doubt, a critical task. But don’t overlook the vast pool of individuals or entities that want to buy from you but just don’t know it yet. We’re talking about prospects. Identifying and winning over a…Read More -
How to Attract Business Support for Your Nonprofit by Greg Wingfield
I recently read a blog post by Latasha Doyle of GuideStar that interested me greatly. The topic was how to best build a partnership with a for-profit entity. She wrote about four specific opportunities for engagement: sales, social responsibility, employee satisfaction, and marketing. Below is a recap of the article with a few thoughts of my own added in for…Read More -
Be Vigilant About Your Business Credit Score
Most people know they’ll face financial difficulties with a subpar personal credit score. Your business credit score is important for the same reason. Various reporting agencies use proprietary algorithms along with other data associated with your employer identification number to calculate this score. Important factors include your bill-payment history, annual revenues and entity choice. Be sure to build a strong…Read More -
The 3 Essential Qualities of An Effective Sales Leader
Over the course of the past 25 years, I have had the opportunity to work alongside, coach and develop dozens of sales leaders across a wide array of industries and business challenges. Some of those leaders achieved outstanding results despite many personal flaws, while others have continuously struggled despite possessing some of the stronger “leadership” personality traits I have witnessed.…Read More