Knowledge and Insights: Newsletters
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…
Vendor Cybersecurity Risk: Is Your Non-profit Prepared?
Last summer many in the non-profit sector received a communication informing them that their information, placed on Blackbaud’s servers has been captured by cybercriminals. Blackbaud — a popular cloud software company, powers many non-profit organizations by helping them manage donor information, finances, vendor facilitation, grants, marketing, and payments. Imagine the shock! Your closest supplier, the…
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…
The Right Valuation Approaches During Times of Uncertainty
The uncertain economic environment during the COVID-19 pandemic has made business valuation practitioners questioning the more historically utilized inputs. Many companies have experienced unforeseen growth or decline, depending on the industry and other unique attributes of those companies. The pandemic has enhanced the focus of the risks associated with cash flow realization, the factors affecting…
Remote Working is Here to Stay – Things to Consider
The practice of “working from home” has been around for years. However, the pandemic forced more companies to adopt remote work on a scale never seen before, which turned out to be a hit with many employees. With the new remote-focused workforce here to stay, some of the risks companies are leaving themselves open to…
Why a Forensic Accountant Should Be a Part of Your M&A Due Diligence Team
Acquiring an accretive business is one way business owners can grow their companies and expand their wallet share. A focused M&A strategy can enable a profitable company to achieve explosive growth and enter new geographic markets/customer segments more expeditiously in today’s global environment. However, developing and implementing a merger or acquisition strategy is often a…
Times Are Changing – Have You Reviewed & Updated Your Nonprofit’s 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…
Is Your Organization in Compliance in Today’s Virtual Environment?
What was initially anticipated as only a short-term disruption to our normal, everyday lives, has caused a multitude of changes to the way we do business, some of which appear to be here for the long haul. One of the most notable changes caused by the COVID-19 pandemic, is the transition to a remote work…
Why Your Organization May Benefit From a Process Efficiency Study
The world has changed since the COVID-19 pandemic hit over a year ago, causing organizations to adapt to these changes and adjust to operating in a remote environment. New policies and procedures along with increased regulatory requirements can be a hurdle for any organization. As such, your organization should consider performing an efficiency study. Efficiency…