As an audit supervisor at Dalby, Wendland & Co., I’ve seen several instances in which the importance and usefulness of accrual accounting in monitoring business performance and making business decisions isn’t fully understood. We’re all familiar with the old saying that hindsight is 20/20. But this saying holds true only when monitoring your business on […]
The typical entrepreneur is driven, task-oriented and focused on accomplishing great goals. These characteristics are highly useful in creating a successful business, but also could get in the way of a pleasant and happy life if they’re not kept in balance. Many business owners never stop working or take a break from their revenue-producing activities. […]
Editor’s note: The following is the second part of a two-part column exploring problems associated with workplace bullies and violence. Consider this hypothetical, but all too common, scenario. Carl, a disgruntled employee, has an angry outburst at Mary, his supervisor. He storms out of the building yelling veiled threats to company leaders. Co-workers have been […]
As business owners, we’d all like to think of ourselves as providers of great customer service. As small business owners in particular, it’s quite possibly your biggest differentiator. After all, how often is it that you walk into a national chain restaurant and are greeted by name, handed your favorite drink and made to feel […]
If you’re a commercial property owner or tenant, obtain a map from the Business Incubator Center or Mesa County to determine if your location is in a state-designated enterprise zone. You can also use the GJ Incubator EZ Map webpage at www.gjincubator.org/enterprise-zone/mesacountygisezmap to determine of your property address lies within an enterprise zone. If your […]
The ongoing implementation of federal health care reform legislation in the workplace naturally prompts questions from employees. Here are some of the common questions likely to arise, along with the answers: When do health care reforms become effective? The federal health care reform law was enacted in March 2010. Changes will continue to go into […]
Is it time to buy a home? Certainly, if you need one, this is the time. In fact, in my 39 years in the business, I’ve never seen a better time. The combination of low home prices and record-low interest rates make the cost of owning a home very attractive. Even people like John Talbott […]
Do bad money habits constrain your financial progress? Many people fall into the same financial behavior patterns year after year. If you sometimes succumb to these financial tendencies, a new year offers as good an occasion as any to alter your behavior. Lending money to family and friends. You might know someone who has lent […]
Your New Year’s resolutions very likely included weight loss. It all sounded so easy on Jan. 1. You were so excited, committed and motivated. Now, weeks later, some of the excitement has worn off. Even with the best plans, weight loss constitutes a difficult endeavor for everyone. So how do you stay on the right […]
Here in the Grand Valley we love our nonprofit organizations. Nonetheless, those involved with nonprofits should understand how a nonprofit can get into trouble with the attorney general’s office and Internal Revenue Service. Here’s a list of common no-noes to watch out for: Fail to adopt or follow policies and procedures. Make sure you adopt […]