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Reevaluating Your Business

A Neumann & Associates

The pandemic triggered a nationwide reevaluation of most every individual’s work-life balance. Ultimately, whenever a business owner decides a fundamental change is desired, the first question will always be: Is now the right time to sell my business? Making the final decision to sell a business is much more involved.

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Are Current Economic Conditions Affecting Your Small Business?

BV Specialists

There will always be differing opinions as to why the US, and the world in general, are facing significant challenges from inflation, supply chain delays, post-COVID hangovers, and many other economic factors that may have a negative impact on your family.

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Are accounting firms keeping remote work positions?

ThomsonReuters

The onset of the COVID-19 pandemic forced countless businesses, including accounting firms, to go remote essentially overnight due to mandated shutdowns and stay-at-home orders. Such solutions not only improve efficiencies but also help ensure business continuity and cut costs associated with server maintenance.

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How to attract private equity investment to your firm

ThomsonReuters

Firms tend to be recession-proof, deliver positive cash flow with low volatility, and are ideally suited for growth as they shift away from compliance-based business models in favor of higher-margin strategic advisory services. What are the benefits of private equity investment for accounting firms?

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Navigating change management: How CPAs can master the art of adaptation

ThomsonReuters

Jump to: Identify the common barriers to change Overcome the barriers with communication Reframe the narrative Remember your clients Set the expectations for adaptation Running an accounting firm can feel like you’re constantly chasing changes. These tips should help your firm prepare for and maximize the benefits of change.

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PCI DSS 4.0: How to Ensure You're in Compliance

Audit Board

To ensure that businesses meet that expectation, Visa, MasterCard, American Express Discover, and JCB, alongside the PCI Security Standards Council, created the Payment Card Industry Data Security Standard or PCI DSS for short. This article provides four steps to help your organization revisit its ability to comply with PCI DSS v3.2.1

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8 strategies to increase your tax and accounting firm’s profitability

ThomsonReuters

Increasing profitability is a fundamental part of growing and maintaining a business. Word-of-mouth referrals are a powerful thing for any business, but even more so in tax and accounting. While you hope your clients will be so happy that they’ll tell everyone about your accounting services, most people won’t think to do so.