Employee theft costs U.S. businesses an estimated $50 billion every year. That’s a big number that is tough to apply on an individual level. So how about this: Ernst & Young reports that “employers lose 20 cents of every dollar to workplace fraud.” If you’re like...
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2 Great Ways to Create a Culture of Trust
The importance of the level of trust between employer and employee cannot be understated. When business owners don’t trust the people who take care of their company, trouble is not far away. For any business to succeed, it is essential that it create a culture of...
Why Better Work-Life Balance Starts With Managers (And 5 Ways To Get It)
Jackson, TN, where our CPA firm is headquartered, isn’t a big city but it has a lot going on. It’s easy to quickly find your schedule filled with plenty of activities outside of work. Even in nearby West TN “farming communities” like Brownsville, Dyersburg, and...
7 Effective (And Affordable) Ideas to Motivate Employees as a Manager
Company leaders are always on the lookout for ideas to motivate employees. In this post, we’ll deliver 9 things that motivate them, 7 ideas that work to encourage employees and improve company culture, AND a source for inexpensive motivational gifts. Ready to...
The True Cost of Replacing An Employee (And Why You Should Know It)
The cost of replacing an employee goes far beyond the numbers you can add up on a calculator. When your best workers walk out the door, the impact on your business can be felt in significant ways. When you’re trying to run a business, normal days and regular expenses...
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Entry-Level Accounting Positions: How To Start Your Career On The Right Foot
Attention, job seekers! Are you interested in the best way to secure entry-level accounting positions? Then this post is for you. We’ll explore what hiring managers are looking for, what a good starting salary would be, what kind of experience you need (or don’t...
Operating Lease vs Finance Lease: How New Rules Will Affect Your Small Business
In an earlier post on new lease accounting standards and how they can impact your business, we discussed a couple of different types of leases. Because most business owners are involved with renting some type of property or equipment regularly, we thought it might be...
9 Types of Accounting Jobs To Consider If You’re Looking For An Interesting Career
If you’re wondering what types of accounting jobs are available to college grads and job seekers with accounting degrees, you’ve come to the right place. We’re a CPA firm that’s been around a while (40 years and counting), so we’ve seen a thing or two. One thing we...
How Farm Bookkeeping Can Sow Seeds of Success In Your Ag Business
Farm bookkeeping isn’t exactly like bookkeeping for ordinary businesses. In the “non-ag” world, tracking transactions is fairly straightforward. But on the farm, things move at a different pace. The physical aspects of running a successful farm are tough enough....
New Lease Accounting Standards (And How They Can Impact Your Business)
Many businesses are involved with some type of leasing or rent-to-own transactions. Some lease property while others lease equipment to run their operations. Others are the ones leasing those things out to others as a source of revenue. New lease accounting...