AUGUST 2016

Conducting a Fitness Assessment of Your Small Business

Can you really put a price on the blood, sweat, and tears that went into building your small business? You most likely can. Before you can start your “rest and recovery period” — whether your exit plan is succession to the next generation of family members or sale to the highest bidder — a thorough [...]

2018-11-12T15:47:38+00:00July 19th, 2016|AUGUST 2016, VALUATIONS|

Using Internal Controls to Keep a Hit Record of Your Inventory: Costing Controls Best Practices

Additional Articles in Series Using Internal Controls to Keep a Hit Record of Your Inventory: Storing & Managing Inventory This article examines best practices related to inventory costing controls (i.e., the price component). It is equally important to track the accumulated costs associated with remastering inventory to a sellable condition and to know which [...]

2018-11-12T15:47:39+00:00July 19th, 2016|AUGUST 2016, INTERNAL CONTROLS|