News

Budgeting:  Adding Some Certainty in Uncertain Times

By Jeff Bauman  – Published:  November / December 2010

Many managers believe budgeting is a waste of time because of the challenges associated with predicting the future. As a result, they often fail to take this process seriously. While we recognize the irony of budgeting for the “foreseeable future” you should think of a well-prepared budget as an important aspect of managing your company. Below are some tips on how to utilize effective budgeting to measure and improve your company’s performance. Read more →

What Lies Beneath:  Understanding Debt Covenants
and Their Impact on Your Company

By Mariem Talavera  – Published:  September / October 2010

Almost everyone agrees that more should be done to help businesses borrow.  But that mission is far from accomplished as the worldwide credit crisis continues to reduce the availability of capital.  Furthermore, shareholders of public companies are asking pointed questions about companies’ debt ratings, restrictive borrowing covenants, and potential lender renegotiations and lending institutions are requiring greater accountability from borrowers. Read more →

A Healthier Bottom Line

By Dana Teller  – Published: July / August 2010

Sweeping the nation, the green effect has not only proven motivational, but also financially rewarding. With eco-friendly awareness at the forefront of everyone's mind, individuals and businesses are discovering they can make a difference while simultaneously reducing their fuel and energy costs. Even so, many companies continue to resist joining the going-green movement, so a strategic question for them might be: Can being environmental also be fundamental? The answer is yes. Read More →

Hiring Doesn't Always Have to be Taxing

By Mark Kingery  – Published: May / June 2010

With all the hoopla surrounding March Madness (no pun intended) and the new health care legislation, you might not have noticed that the President recently signed into law the "Hiring Incentives to Restore Employment Act of 2010" ,("HIRE") which offers tax relief to encourage private-sector employers (including nonprofit organizations) and public higher education institutions (collectively "Employers") to create new jobs. Read More →