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Welcome Little GAAP
Welcome Little GAAP Michele Bannon, Senior Consultant February 2014 For decades, small business owners and other proponents have argued for relief from the costly and complex standards issued by the FASB. Apparently, someone finally decided to listen. It’s time to pop the champagne and do your “happy dance” because relief is finally on its way! On January 16, 2014, the FASB issued two…Read More -
Money: Is That What Your Employees Really Want?
Your employees want and deserve a fair wage. But money is not the only motivating factor for them. In fact, more and more studies show that money is not the most important factor for the majority of workers. Want to know what really motivates? Continue reading to find out how employees ranked important factors in various studies and polls.Read More -
Preventative Steps Help Ensure M&A Success
Just because a merger or acquisition is completed on paper doesn't mean the transactions will be a success. The implications can generally be seen 18 to 24 months after the deals close and officials can assess how the combinations contributed to improvements or disappointments on profit and loss statements. M&A activity remains active, as illustrated by a string of mega…Read More -
Fahrenheit Named One of the 2014 Best Places to Work in Virginia
FOR IMMEDIATE RELEASE January 20, 2014 Fahrenheit Named One of the 2014 Best Places to Work in Virginia Fahrenheit was recently named as one of the 2014 Best Places to Work in Virginia. The annual list of the Best Places to Work in Virginia was created by Virginia Business and Best Companies Group. “We are excited to be recognized as…Read More -
Building Business Value – Lessons from the Trenches
Fahrenheit held the Leadership Forum on January 14th along with our partnering sponsor Keiter. This leadership forum entitled “Building Business Value - Lessons from the Trenches” was graciously hosted by the University of Richmond’s Robins School of Business. The program focused on key considerations to assist CEO’s of privately-owned businesses in building self-sustaining value in their organizations. At the core…Read More -
Smart Hiring: Time for a Refresher Course?
Have you ever hired the wrong person? Maybe the bad decision didn't rise to the level of hiring an embezzler or someone with a violent temper. But regret comes in many forms. You may have hired someone who shows up late most days, or calls in sick every other Friday, or does more personal texting than actual work. It may…Read More -
Business Lessons at 20 Below
BUSINESS LESSONS AT 20 BELOW Russ Gambrel, Senior Consultant - January 2014 I was recently posed the question about whether I would trade the wisdom one accrues over hard-fought decades for something as shallow as youth. My response was both immediate and unqualified and, I believe, sounded like HECK-TO-THE-FLIPPIN-YES!! Go ahead and keep all your head knowledge…just give me back…Read More -
A helping Hand of Financial Expertise – The Fahrenheit Story
Posted: Monday, December 23, 2013 12:01 am Jacob Geiger, Director of Work It, Richmond It all started over a few beers. Investor and entrepreneur Karen Booth Adams told two of her business contacts, Keith Middleton and Rich Reinecke, that they really should sit down together. She said they might be partners for a financial consulting and recruiting business. "Karen suggested…Read More -
Need a Better Way to Confront Problem Employees?
Nearly every employee will commit a blunder at some point, some serious, others less so. And more than a few will blunder on a regular basis. Knowing when and how to confront disappointing behavior or performance promptly and head-on outside the realm of your regular review process can save you and the employee a lot of grief, and enable most…Read More -
So, Your Best Employee Wants to Leave? LET.THEM.GO!
SO YOUR BEST EMPLOYEE WANTS TO LEAVE? LET.THEM.GO! Russ Gambrel, Senior Consultant - December 2013 If you are reading this right now, there is a better chance than not that you hate your job. Back in October late night comedians told an endless litany of jokes about the recently published Gallup Poll which found 52% of Americans in the workplace…Read More -
Do You Really Need an HR Department?
Great minds have spent countless hours contemplating how best to establish the right value proposition to wrap around managing HR. A recent article Why We No Longer Need HR Departments, brings up some interesting points. While I don’t agree that we no longer need HR departments, I do agree that the time has come to challenge the old conventions of…Read More