Mitigating the Negative Impact of Risk in Your Business with Meredith Messenger
Faces of Finance
Insurance is much more than a “necessary evil'' for your business. On this episode of Faces of Finance, host Shawnna Weber is joined by Meredith Messenger, an Operations and Risk Management Consultant and Founder & CEO of InsureGood. She joins our host to chat all about her experience in the insurance and risk management industry. Tune in to hear more about selecting your insurance provider, scaling risk management to businesses, and ways of systematically identifying, evaluating, and mitigating the negative impact of risk on you and your business. Highlights: [02:15] Meredith...
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Standing Out From Your Competition - An Interview with Tommy Mello
Faces of Finance
Tommy Mello is the founder of A1 Garage Doors, a $50 million-plus home service business with over 360 employees in 19 states. Tommy speaks about the inspiration behind his company, and gives tips for people who are establishing their businesses. We uncover the steps you need to take when expanding and how you can strategize your company’s growth. Tune in as we talk about standing out from your competition, and Tommy gives even more informative advice for business owners. IN THIS EPISODE: [01:25] The inspiration behind Tommy’s business, A1 Garage Doors. [07:30] When establishing your...
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Tips and Strategies for Year-End Implementation
Faces of Finance
Shawnna interviews Edgewood Business Solutions accounting executives Linda Welk, Katie Petty, and Deepa Mackrani on their tips and strategies to implement into year-end planning. First up, Linda explains why your accounts receivable detail report is so important and why you should review it before the end of the year. Learn about best practices for paying vendors, updating inventory, and recording home office expenses.
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College Planning and Application Process with Liz Murphy
Faces of Finance
Many aspects of our family life intersect with our finances. A topic that comes up frequently is planning for our child's college education, both financially and being accepted into a college of choice. That's why we are lucky to have Liz Murphy, the Founder, and Owner of Liz Murphy College Advising, join the show. Tune in as Liz reveals the steps that parents should take to prepare for college financially, and she gives application tips for financial aid.
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Protecting Your Company with Adequate Insurance - An Interview with Zack Leland and Lisa Fortenbaugh
Faces of Finance
Shawnna interviews Zack Leland and Lisa Fortenbaugh. Zack is a Commercial Insurance Producer at PIASC Insurance Services. Lisa is the Founder and CEO of Platinum HR Consulting Group. The panel explores insurance coverage for wrongful termination, sexual harassment, discrimination, and emotional distress. Lisa and Zack also explain workers’ compensation, the importance of safety training, and why your HR consultant should be collaborating with your insurance brokers.
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Using Business Credit Cards & Maximizing the Benefits - An Interview with Michelle Miller
Faces of Finance
Shawnna interviews Michelle A. Miller, a Business Development Manager for American Express. Michelle helps businesses navigate which American Express credit card to select and guides clients through the application process and the best utilization of their credit card. She gives us tips for businesses that are looking for a credit card company to collaborate with for their business needs. Michelle also explains what makes American Express unique.
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Why You Need an IT Update - An Interview with Rick Shingu
Faces of Finance
Shawnna interviews Systems Administrator and IT Consultant, Rick Shingu. Rick helps businesses discover their true potential by finding ways to apply IT systems that make them more productive and proactive. First, Rick explains why he prefers a cloud-based system over an on-premise system. Rick talks about how a cloud-based system will allow for consistent and automatic maintenance, promotes remote work, and has a generally low start-up cost for smaller companies.
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Commercial Real Estate Transactions - An Interview with Erica Frey
Faces of Finance
Shawnna interviews a broker for office property leasing and sales in the Central Valley at Colliers International, Erica Frey. When deciding between leasing and buying, Erica says it comes down to your business model. For small businesses, when lease rates are high, it may be better to acquire the property. Later, Erica explains what a business owner needs to know before looking into commercial real estate.
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Employee Recruitment - An Interview with Ojesa Asejo-Clark
Faces of Finance
Shawnna interviews Ojesa Asejo-Clark, a recruiting manager for Robert Half Finance & Accounting, the world’s first and largest specialized financial recruitment firm. Ojesa places finance and accounting professionals with companies throughout the Central Valley. She explains how employers can pick the right recruiter for their business and what employers should do when they find the right fit. Ojesa describes what the recruitment landscape looks like during COVID-19. edgysolutions.com
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Creating a Cohesive & Consistent Brand - An Interview with Ally MacWilliams
Faces of Finance
Shawnna interviews Ally MacWilliams, a graphic designer who specializes in brand design and marketing. Ally explains that branding isn't just a logo; it helps a business stand out and reach their target audience. Tune in as Ally explains branding, brand boards, why authenticity is essential, and the pitfalls of social media marketing.
info_outlineShawnna and Katie discuss the advantages and disadvantages that can come with having your bookkeeper and CPA in the same firm or hiring them separately, plus the questions you should be asking your bookkeeper and CPA during the hiring process.
In this episode:
- The advantages and disadvantages of hiring a bookkeeper and CPA in the same firm
- The advantages and disadvantages of hiring a bookkeeper and CPA in separate firms
- Pertinent questions to ask when hiring a bookkeeper and CPA
- Find out what your bookkeeper and your CPA wished you would tell them
- The importance of communication with your bookkeeper and CPA
Questions to Ask Your Bookkeeper:
- You should ask them to provide references from clients and CPA’s they work with and then make sure that you reach out to them.
- You should ask about their fees if they charge by the hour. Can they give you an estimate?
- Will they be making a commitment to a length of service?
- Do they have experience during bookkeeping for this specific industry you are in?
- Are you a solo bookkeeping firm or do you have other employees who will handle my data?
- How will we communicate? Email, phone call, text?
- How often should I expect to hear from you? Will it be on a weekly basis, monthly or quarterly?
- Will you provide strategies to me based on what you see in my books?
- What are your expectations of my communication and timing to provide requested information?
- Is the software that I'm using okay with best practices and what are your technical skills?
- Will your firm be providing the work directly or outsourcing?
Questions to ask a your CPA:
- What services do you offer and what are the fees you want to learn about their firm?
- How often do you meet with your clients?
- Is your tax style aggressive or more conservative?
- Will you be preparing the return or overseeing the work of your team?
- Can you help me with tax resolution matters?
- What software do you support?
- Will you be working directly with my bookkeeper?
- What can you advise me on besides my taxes? (loans, business structure, manage cash flow more effectively)
- Can you represent me in all the states my company does business?
- What else do I need to know but didn't ask?
Visit our website at www.edgysolutions.com