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4 Virtual Office Celebration Ideas During COVID-19
The year 2020 is coming to a close and typically this is the season where many of us and our employees celebrate various holidays and show gratitude for the family, friends, and other joys of this life. The question is exactly how do we do that during a pandemic and not lose the sense of connection while still maintaining everyone’s…Read More
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3 Tips For Leaders to Cultivate Gratitude
It has been quite the year. Nothing could have prepared us for what we have all been faced with. Entering 2020, plans had been made whether organizational, professional, or personal. In a blink of an eye- Poof! Those plans evaporated being replaced with a foreign and highly contagious virus that was taking the world to its knees. As a human…Read More
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Strategic Planning During COVID-19 – Video Series Preview
In an upcoming 3-part video series, Fahrenheit Managing Directors Laura Bacon and Lud Kimbrough will discuss how your Strategic Planning process needs to incorporate the uncertainty that 2020 has created in the business environment. The new “Normal” is here to stay. They will address: The importance of confident and humble leadership as you move forward with longer-term adaptive and creative…Read More
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Stay Interviews Improve Retention
For businesses, attracting and acquiring top talent are often very challenging and require significant resources. Recruiting can be costly and resource intensive. The cost of employee turnover is high for businesses. This adds significant operational cost to employers, lessening growth and profit. Turnover costs include those of the termination, recruitment, vacancy and learning curve. According to the Work Institute’s 2020…Read More
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QuickBooks-Likely to Stay an Accounting Quagmire
In case anyone was unsure, small and mid-size companies in America have made a clear choice when it comes to their accounting software and that choice is QuickBooks. And it’s not close. For those of us that have worked and consulted inside these organizations the past few decades, the massive ‘Intuit takeover’ of America has been impossible to miss. An…Read More
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Four Fateful Wounds We Find in Finance and Accounting
Whoever said that “time heals all wounds” must not have been in business! We find that most “wounds” in business, if not treated promptly, just get worse over time. At Fahrenheit, we spend a lot of our time working with middle market organizations on accounting and finance matters, and we see a lot of “wounds” in those areas. Sometimes they…Read More
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Top HR Posts of 2020: Returning to the Workplace Advice for Employers
As employees begin to return to the office on the road to recovery in these challenging COVID times, we wanted to reshare a few of our top-performing and relevant articles of 2020 that we feel will be helpful to employers and employees. These three articles, written by Nathan Duet, HR expert and Fahrenheit Managing Director, were shared within the Insights…Read More
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6 New PPP Loan Forgiveness Updates
It has been awhile since we updated our clients and friends about the Payroll Protection Program (PPP). New applications were not accepted after August 8, 2020, most earlier loan recipients completed their 8-week covered period over the summer, and the pace of revisions to the program finally slowed down. As a result, there was not a lot new to talk…Read More
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Avoid These 5 Common Accounting Software Mistakes
No company can afford to operate without the right accounting software. When considering whether to buy a new product or upgrade their current solutions, however, business owners often fall prey to some common mistakes. Here are five gaffes to avoid: Some companies rush into buying an accounting system without stopping to consider all their options. Perhaps most important, they may…Read More
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Bad Hires Are Costly – 3 Ways To Make Better Hiring Decisions
Bad hires are costly. Unforeseen expenses, lost time and lost productivity have a negative impact on employee morale. Obviously, hiring the right person the first time should always be the goal for any organization. Here are three ways to help make better hiring decisions: This is a real miss with organizations that often result in bad hiring decisions. Take the…Read More
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4 Tips For Providing a First Class Job Candidate Experience Remotely
As businesses around the globe begin to map out their return-to-work plans, many are hitting the pause button – and some are now extending remote work polices into summer 2021. Even as some companies return to the office, it will likely be in a staggered approach or with limited capacity requirements. Masks and social distancing will be required, and in-person…Read More