IFRS: Yes! No! Maybe?
A popular term coming out of Washington today is “kicking the can down the road.” While this refers to what our politicians have been doing for many years with budgetary matters, the same words could be used to describe the activities of the US accounting rule makers on the topic of International Financial Reporting Standards (IFRS). Since the early 1970s, some form of international reporting standards have been in place, studied, considered, assigned to another task force, etc. While most of this activity has occurred in Europe, clearly the US has had its own studies, considerations, and task forces well in place and active since the mid 1990s. Full article…
3 Business Funding Alternatives to Consider
The economy may be recovering, but some businesses may require additional financing to keep operations running. However, there are some alternatives to consider when seeking more funds. Three important options are asset-based financing, mezzanine financing, and Small Business Administration loans. Full article…
Selling Your Manufacturing Company is Possible – Even in a Down Economy
“We’re just going to wait it out.” In an uncertain economy, this seems to be a business owner’s mantra for everything from hiring freezes to putting off large expenditures. Prudence may be preferable when it comes to some business decisions, but if you’re considering selling your manufacturing company, you don’t have to wait until things pick up. Although some flexibility is necessary, an acceptable price is within reach if you position yourself as a discerning and prepared seller. Full article…
Can You Benefit from the R&D Credit
The research and development (R&D) tax credit can help support manufacturers’ innovative efforts, but some companies are still approaching research cautiously. Given the credit’s history, that’s understandable, but the tax advantages mean you should take a second look. Full article…
