Business & Financial Consulting
Mercadien Celebrates 60 Years of Serving Our Clients & Community
Princeton, NJ & Philadelphia, PA – Mercadien, a leading accounting and advisory firm in New Jersey, is proud to announce its 60th anniversary of providing exceptional accounting, tax and advisory services to clients across various industries, including private companies, financial institutions, government entities, nonprofit and human service organizations and individuals and families. Since its establishment…
The Importance of Long-Term Strategic Planning
Strategic planning is an important, often overlooked facet of business growth. You see, business leaders who spend too much time working in the business forget to work on the business. The day-to-day pays the bills, after all. But if you want your business to stand the test of time, it’s important to step back and…
7 Ways to Enhance Your Compliance Function
Ensuring your bank’s compliance function is effective and meeting expectations is of the utmost importance to regulators. This is evident through the design of the examination process and creation of a standalone regulatory agency focused on consumer compliance, in addition to an increasing number of regulatory changes and enforcement actions in recent years. With that…
Do You Have an Exit Plan?
Many business owners spend decades building their companies. But there will come a day for all when it is time to exit. Too many business owners allow time to lapse, losing the maximum value and benefits of their lifelong work. Do you understand all of the options before you and have you devised a sound,…
Why You Should Consider A Fractional CFO For Your Business
In today’s hybrid environment, outsourcing is commonplace and remote work has never been more accepted. Combining those shifts with the need for more strategic thinking and financial leadership, your business could be in a prime position to benefit from a fractional CFO. CFOs do substantially more than just maintain books and records and pay the…
How Independent Loan Reviews Can Mitigate Risk to Your Institution
Banks and financial institutions rely on the insight from independent loan reviewers to uncover potential risks embedded in their loan portfolios. As part of standard practice, financial institutions engage independent entities to review their loan portfolios, ensuring no undue risk may affect the Bank’s overall asset quality and capital composition. An independent review of the…
Risks You Haven’t Thought of: How Climate Change is Presenting New Challenges for Lenders
In the Fourth Quarter of 2021, President Biden presented his administration’s “roadmap for climate change,” identifying how government agencies would strengthen infrastructure in response to worsening climate conditions. This was a key position during the Biden campaign, and its persisting emphasis has brought the world of banking to an inflection point. Climate Plan B impacts…
Writing A Successful Business Profit Plan
Now more than ever, clients are reaching out to us for advice on how to create successful business plans that will consistently drive profits. Many thriving businesses begin with someone’s great idea for a product or service. While that first inspiration is critical to any successful company, it is also advisable to have a solid…
Nonprofits – What’s Keeping You Up At Night?
The answer is probably “a lot of things” right? It is for many of us here at Mercadien. Our Nonprofit and Human Services Group meets regularly to discuss our clients’ top challenges and look at ways we can help them address their issues. We have gathered intel from our clients, the AICPA and NJCPA, the…
Times Are Changing – Have You Reviewed & Updated Your Strategic Plan?
It’s hard to believe that over a year has gone by since many of us have changed the way we do business. I have only been in the office a handful of times over the last year; I am fortunate and can work from just about anywhere. Of course, for many of you, this is…