-
What Lenders Require in Today’s Economy
Today's tighter credit market has lenders requiring more frequent and complex financial statements. Banks are particularly focused on industry sectors that have borne the brunt of the recent recession, such as real estate (commercial as well as residential), construction, print media, restaurants, and retail. Companies in these sectors, as well as businesses in general, should be prepared to respond to…Read More -
Custom Jeans Company Launches in #RVA
Shockoe Denim, a custom jeans company at 13A South 15th Street, is set to open Thursday making Shockoe Slip little more fashionable. Check out the article from Richmond Bizsense and learn how they have included students from the design school at Virginia Commonwealth University. Read more about Shockoe Denim here.Read More -
Employee Cost Trends: Making Sense of the Numbers
Are you paying a competitive wage? According to the latest Towers Watson Global Talent Management and Rewards Survey, 61 percent of American companies surveyed reported they're having difficulty "attracting employees with critical skills." Possible culprit: A mismatch between what employees are looking for, and what employers are offering. Is your compensation competitive? (Whether you are an employee or employer...) Check…Read More -
M&A – Watch Out for Unfavorable ‘Related Party’ Rules
Under the tax code, being a "related party" in business can be unfavorable in certain purchase-sale transactions. The problem is that the rules are not very well known, quite complicated, and reflect a notion of "related" that far exceeds what most people would have reason to suspect. These provisions can snare perfectly legitimate purchase-sale transactions that weren't concocted just to…Read More -
Shhh…The Boss is Coming
Are there issues your employees talk about in the break room or the parking lot -- that they wouldn't think of bringing up when you're present? What causes certain topics -- such as the boss's management style, a co-worker's performance or competence, compensation and benefits, conflicts, feelings, organizational changes -- to be undiscussable? This article addresses some of the things you need to be…Read More -
Fahrenheit New Addition, Rachel Antrobus, Shares her Story from Fast Growth Start-Up RED.com
The success of our firm (like most companies) is in the hands of great employees and happy clients. We recently had the opportunity to add another incredible person to our team and and we wanted to take a moment to introduce her to our clients, contacts and friends. Rachel has already accomplished a lot in her career. She has a…Read More -
Is Activity-Based Billing Right for your Business?
An article recently caught my attention and I thought I would share it. Depending on your competitive environment, moving to activity-based or even value-based billing can be a breakthrough strategy. Web services businesses or those with good systems analytics, may have the right underlying activity data, as well as the right information to study the effects of making the change.…Read More -
Buyer’s Side Due Diligence Checklist (Part 2)
Once a potential buyer has scrutinized the quality of a target company's assets, it's time to review other key factors of the business. The process of due diligence can be extremely complex in merger and acquisition transactions. The information uncovered can make or break a deal. Here is the second part of our due diligence checklist, which gives a rundown…Read More -
Deploying a Red Team at Your Business
"Red teams" are often used in the military and in government agencies to expose areas of weakness and to improve effectiveness. They are also utilized in private businesses to help protect information technology systems. The idea is for a team to uncover security issues that can expose trade secrets, customers' personal information and cause operational disruptions. Click here to learn…Read More -
Why Social Media is a ‘Legal Minefield’ for Employers
When it comes to social media, employers face a variety of land mines. To protect themselves, they are advised to have a policy covering social media but the factors involved are not as simple as they might seem. "Social media is a legal minefield for employers." That attention-grabbing statement comes from Edward Loughlin, a trial attorney for the EEOC in…Read More -
Has housing turned the corner?
In the local market there are a lot of positive signs…more traffic, shorter time on the market for resales, and increased new construction activity. That is all good news, but there are still significant challenges for the industry: availability of credit to builders and developers, mortgage availability to potential homebuyers and sluggish improvement in the jobs market. All in all,…Read More -
Is Poor Talent Management Holding your Company Back?
A new CGMA report shows that 43% of chief executives, CFOs and human resources directors believe poor human capital management has kept their companies from reaching key financial targets in the previous 18 months. Forty per cent of executives said subpar talent management hinders their ability to innovate, and the respondents also linked inadequate talent management to issues including the…Read More