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Protecting Your Law Firm

As we’ve worked increasingly with law firms over the past few years, there are a number of commonalities that we’ve found with many of the firms that we’ve met and have worked with.  Lawyers are really good at taking care of their clients.  That’s the bread and butter of their business and biz dev, and it’s understandable.  But what’s missing

Mar 11 2024
Apr 17 2022

How to Calculate Your Profitability: A Case Study

As Iowa State University reminds us, “profitability is the primary goal of all business ventures.” Business leadership is often responsible

Apr 15 2022

Logistics Can Beat Product (Even Santa Needs Help Sometimes)

There are many elements involved in developing and manufacturing products for a customer. In fact, most of a company’s concentrated

Apr 15 2022

Keep Proprietary Processes Secret

Companies create products or develop services to deliver to their clients. Many find a unique approach that gives them an

Apr 15 2022

Ill-Defined Statement of Work

Any business doing custom work needs to carefully define the terms and expectations of the delivered product. Having open-ended, or

Apr 15 2022

Identifying the Real Cost of Production

Knowing the actual cost of production is critical to setting accurate pricing and therefore profitability for any manufacturing company. How

Apr 15 2022

Financial Reporting Drives Good Decisions

Problem The company used Cash Basis accounting for their operating statements because taxes were calculated on a Cash Basis. When

Apr 15 2022

Family Business Case Study

A family business can be a great source of pride for everyone involved. However, working with loved ones can present

Apr 15 2022

Every Man for Himself

Just as companies have multiple products to provide diversification to their revenue stream, some parent organizations have multiple companies that

Apr 15 2022

Dealing with Obsolete Inventory

For manufacturers, retailers, or wholesale distributors, inventory is likely the largest item on their balance sheet. A particular problem that

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