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ALL HAIL THE SPREADSHEET!!
Russ Gambrel, Senior Consultant Fahrenheit Finance - July 2013 If you are an accounting professional over the age of forty, take a moment this week to ponder the sad farewell of LOTUS 1-2-3. As announced in May -with little fanfare and even less media coverage- IBM will discontinue the marketing of their SMARTSUITE software this month. In doing so, the…Read More -
Professional Goodwill: Don’t Over look the Tax Impact
Professional Goodwill: Don't Over look the Tax Impact When a corporation sells its assets or liquidates, one important tax issue is whether the corporation or the shareholder-employees own any appreciated professional goodwill (with a fair market value in excess of tax basis). Who Owns Professional Goodwill -- the professional corporation or the shareholder-employees in it? For tax purposes, the answer…Read More -
Increase Your Chances of Success with Solid Cash Management and Strategy
Increase Your Chances of Success Businesses sometimes fail simply because of poor cash management. You need cash flow statements and projections to make sound decisions, to assist with financing and to interest investors in your business. For an explanation of how these financial documents can help your company, keep reading. Read More -
Why Fahrenheit’s Russ Gambrel is Bullish on Small Business
Russ Gambrel, CPA May 2013 I've been the world's biggest Mad Men fan since the first episode aired in the summer of 2007. I'd read that the creator had been a writer and producer of The Sopranos and that was all I needed to know to at least take a look. I was floored by what I saw and…Read More -
Don’t climb alone! Reach the Summit with the Venture Forum’s 2013 Virginia Venture Summit
Don't climb alone! Reach the Summit with the Venture Forum's 2013 Virginia Venture Summit on Wednesday, May 8, 2013! The 2013 Virginia Venture Summit will feature insight and guidance from successful entrepreneurs, investors, and experts; 5 minute presentations by 20 Hot Emerging Companies; speed networking; and an opportunity to build connections with valuable resources. This event will sell out...so do not miss out…Read More -
Register for the 2013 Virginia Venture Summit before it Sells Out!
Join Us at the 2013 Virginia Venture Summit! REGISTER NOW 8:00 am to 3:00 pm, Wednesday, May 8, 2013 at the Virginia Historical Society The 2013 Virginia Venture Summit, presented by the Venture Forum, will bring together high growth-potential startups, venture capitalists, corporate VCs and angels. Never before has Richmond seen this combination of exciting growth companies and capital providers, gathered…Read More -
Don’t Miss Richmond’s First True Venture Conference – Virginia Venture Summit May 8
Wednesday, May 8, 2013 Virginia Historical Society RVA 8:00 a.m. - 3:00 p.m. Don't Miss the 2013 Virginia Venture Summit The 2013 Virginia Venture Summit, presented by the Venture Forum, will bring together high growth-potential startups, venture capitalists, corporate VCs and angels. Never before has Richmond seen this combination of exciting growth companies and capital providers,…Read More -
Equity Recap: An Optional Capital Infusion
Equity Recap: An Optional Capital Infusion Equity recapitalization is a potential way to raise capital and retain some control over your business while restructuring. However, the process is complex and contains certain risks. Click here to learn more about equity recap and whether it might be a beneficial alternative to consider for your business. Read More -
Exercise Caution as Salary Budgets Inch Up Again
Even in a slow economy employers need to consider the touchy issue of raises -- and possibly bonuses -- to keep their best talent onboard. Having a compensation strategy is important regardless of economic times, but even more so when finances are lean. Find out how compensation professionals view the process of giving raises for the purpose of maximizing productivity…Read More -
Estimated Taxes: Pay as You Go or Pay the Price
The deadline for the first estimated tax payment for 2013 is coming up on April 15. If you don't pay enough tax through withholding or estimated payments or if you fail to pay the required amounts by the due dates, you may have to pay a penalty. When calculating the amount of estimated tax payments to send the IRS this…Read More -
Trademark Due Diligence – A Mark of the Future
When it comes to structuring a successful M&A transaction, existing trademarks play an important role for both parties involved. Valuing trademarks and creating a strategic vision for them can lead to success down the line. So, it is no surprise that valuing intellectual property has become an increasingly important part of due diligence in mergers and acquisitions. And devising a strategy…Read More -
The Profit Mentality
The profit mentality at your company can make or break the business. Take the time to identify your profit centers and eliminate marginal products or services. It can be a hard choice to make, but successful companies often have to make strategic decisions to "fix it or exit." In other words, every element of a business must earn its keep,…Read More