How to compensate nonfamily employees in a family business.
Auburn-Opelika (334) 887-7022 | Montgomery (334) 244-8900
Posted in Business Advisory
Posted in Business Advisory
Posted in Business Advisory
Posted by Aaron K. Waller, CPA on Jun 22, 2017
With all the buzz about cyberattacks and cyberthreats, it’s all too easy to take your eyes off of a common threat that is much closer to home—fraud that occurs within your own organization. While no business owner wants to think about embezzlement occurring within their own employee population, it can and does happen on a frequent basis.
Posted in Business Advisory
Posted by Michael D. Machen, CPA, CVA on Jun 20, 2017
It’s a near certainty that businesses of any size or scope would seek to reduce costs, if given the chance. And why not? Lowering costs is arguably the most direct way to increase profitability.
Posted in Business Advisory
If you are a entrepreneur seeking to buy a franchise these 5 tips may help you ensure you're making the right choice.
Posted in Business Advisory
Posted by Michael D. Machen, CPA, CVA on May 08, 2017
Recently, BDO Alliance USA released their 2014 Restaurant Benchmarking Update. Compiling the operating results of publicly traded restaurant companies, this report looks at costs of sales across all segments for food and beverage.
Posted in Business Advisory
Posted by Michael D. Machen, CPA, CVA on Jan 27, 2017
Machen McChesney has been providing business owners peace of mind by assisting them in a wide array of challenges that exist. We understand that running a business can present a challenging endeavor for any individual to pursue on their own. Our professionals have spent years honing expertise in a wide range of business advisory services and will look for ways to add value to your business.
Posted in Business Advisory
Do you know where your business budget is?
This is the traditional time to draw up a budget for the coming year. Perhaps the way you previously developed the budget for your business has not been overly successful. Or maybe you have found as the year goes along that certain key factors were ignored or not given enough weight. In that case, the way you usually put together the budget may not be the best approach for your business.
Posted in Business Advisory
Virtually every business owner will tell you it takes more than one person to build up and maintain a profitable business. In fact, it is likely that several “key employees” have contributed to the success of any given operation. However, while a business owner may be careful to make sure that he or she is adequately insured, the need to protect the business against the loss of key employees is often ignored or disregarded, which is a mistake.
Posted in Business Advisory
1820 East University Drive, Auburn, AL 36830 | Tel: (334) 887-7022 | Fax: (334) 887-7221
1761 Taliaferro Trail, Montgomery, AL 36117 | Tel: (334) 244-8900 | Fax: (334) 364-0927