Posts by Aprio Publisher
Building the Right Compensation Plan with Equity Incentives
A competitive compensation plan is one of the top strategies a company can deploy when trying to attract and retain top talent. Many industries have turned to equity incentives to give employees so-called “skin in the game,” but it is essential to understand the different kinds of stock options and related tax implications for employees…
Read MoreThe Window is Closing to Claim Tennessee Franchise Tax Refunds
A recent tax law change in Tennessee has opened the possibility that some business owners may be eligible for refunds on state franchise tax – but the window to claim those refunds is closing soon. On May 10, 2024, Tennessee’s Governor signed into law SB 2103, which became Public Chapter No. 950. This legislation changed…
Read MoreThe Three Phases of Selling Your Business
When you’ve built a business from the ground up, the idea of selling it can be nerve-wracking. How will you know when the time is right to sell? How will you find the right buyer? How will you navigate tax implications of the sale? Selling a business is a multifaceted process that requires careful planning,…
Read MoreCraft a Financial Plan for Your E-commerce Business: A Step-by-Step Guide
E-commerce businesses face several challenges in today’s economy. The current cost of borrowing is high, competition is fierce, and the global supply chain can still be unpredictable. Factor in the often-seasonal nature of e-commerce businesses, which typically conduct the bulk of their sales around the holidays, and the reality is clear: financial planning is more…
Read MoreThe Evolving Roles of CFOs & How the Right Fit Can Boost Your Business
Maybe you’re looking for a chief finance officer (CFO), or you are a CFO, but you are not sure how to maximize the role’s potential. Whether your company is focused on transitioning team leadership, completing major transactions or accelerating growth, a strong CFO can play a substantial role in getting the job done. The truth…
Read MoreAudits: the Best Thing Your Business Didn’t Know It Needed
The prospect of conducting an audit – whether self-imposed or mandated from a third-party – can strike fear into the hearts of some business leaders. What will auditors uncover? If the business is out of compliance, how much will it cost to move into compliance? How aligned are the company’s accounting practices with industry best…
Read MoreRepublicans Gain Control: What This Means for Your Tax Bill
With the election results in, many taxpayers and business owners are wondering how the next four years under a Republican president and Senate (and possibly a Republican House, as well) will impact their tax obligations. While President-elect Trump’s proposed plans likely will establish a lower tax environment, particularly for businesses and corporations, taxpayers must also…
Read MorePerfection is Killing Your Startup’s Success
Many startups struggle with striking the right balance between quality and efficiency as they scale. What they lack in resources or revenue, they may try to make up for in quality and uniqueness. In theory, this is understandable—commendable, even. In practice, however, working overly hard to create a “perfect” product, program, email or post can…
Read MoreAchieving Operational Excellence in Manufacturing and Distribution
Leaders in manufacturing and distribution know that operational excellence (OpEx) doesn’t happen by accident. They also know that this approach, which has its roots in various management and quality improvement methodologies developed throughout the 20th century, including Six Sigma, is not easy to achieve. OpEx combines continuous process improvements, lean methodologies, and holistic thinking. Derived…
Read More301 China Tariffs: What Are They and How Do They Impact U.S. Business?
The imposition of Section 301 “China” tariffs, initiated under the Trump administration, marked one of the most significant tax hikes on American consumers and businesses in recent history. Collectively, these tariffs have affected thousands of products valued at more than $380 billion, spanning industries from technology to automotive to consumer goods. Despite the tariffs remaining…
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