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Susceptibility to Accounting Fraud for Medical Businesses

Financial Management /

Source: Belinda Kitos, CFE (Certified Fraud Examiner) Medical businesses’ unique conditions double the vulnerability to accounting fraud. A typical medical practice operates with controlled chaos, generous trust of staff and two separate financial accounting software programs — all breeding circumstances for fraud. Here’s how to identify internal fraudsters’ schemes and apply remedies (even if you […]

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The 5 growth mistakes (that can run you out of cash or out of business)

Uncategorized /

Not enough capital to cover the cost of expected growth before the revenue starts to show up Not enough cash to fund the receivables from the growth Not enough people in the right areas: Damaged reputation from poor customer support and service Too much inventory because growth didn’t go as planned Interview with Gary Hayes,

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Incentive Stock Options Versus Nonqualified Stock Options

Financial Management /

Source: Joe Wallin, Startup Law Blog Companies and service providers to companies frequently confront this question. Which is better: an Incentive Stock Option (aka a statutory stock option) (an “ISO”) or a Nonqualified Stock Option (aka a Nonstatutory Stock Option) (an “NQO”)? What are the differences between ISOs and NQOs? The table below summarizes the

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Corporate Structure Primer

Regulatory & Tax /

Source: BizActions, Thomson Reuters Background on Business Taxes and Owner Liability The federal income tax treatment of a domestic business operation — one that’s domiciled in the United States — depends on how it’s set up. A business’s “choice of entity” has broad implications, including: Whether there’s an entity-level federal income tax, How much flexibility

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Scale Finance Closes Acquisition of Horsepower Site Services by MCG Civil

News /

Denver-based MCG Civil, a national heavy construction business with over $100 million in revenue, has acquired Charlotte-based Horsepower Site Services, a leading regional provider of specialty construction services including grading, underground utilities, erosion control, concrete, paving, etc. SF Managing Director Dave Gilroy and Partner Bill Schiffli managed this transaction process end-to-end. Horsepower Site Services, LLC

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