Jim Militello

"One of our biotech clients just got acquired by another company. They started working with us at @districtCPA a few years ago as a growing startup. Four years later at acquisition, their value has increased exponentially. Strategic financial guidance helped prep their business to achieve maximum value. The sooner you start preparing for an acquisition, the better chance you have of achieving maximum sale price. 👉 Add value to your business through financial planning several years in advance of the sale. 👉 It gives you time to establish and optimize financial systems that boost your company’s value. If you’re planning an acquisition down the line, speak to an expert now. Send me a message and let’s start looking at how you can add value to your business. #businessadvice #acquisition #cpa #financialmanagement"

5

What is the “Silver Tsunami” facing the manufacturing industry? 🌊 With roughly a quarter of the U.S. manufacturing workforce set to retire in the next five years, the industry is faced with a potential talent and skill gap. Colin Dowd joined host Jim Vinoski on the Manufacturing Talks Web Show and Podcast to discuss potential solutions, including mentorship programs, knowledge transfer initiatives and tech-driven solutions to support workers, like AI and back-office automation. 🎧 Listen to the full episode here: https://ow.ly/cTxE50TXVXC 📺Watch the web show here: https://ow.ly/9pEW30sHAu8 #Manufacturing #FutureOfWork #Automation #AI

1

GAAP Financials vs. Tax Returns: What Small Business Owners Need to Know! Navigating financials can be tricky, especially when comparing GAAP statements to tax returns. Most small businesses use tax-level accounting—it’s simpler and what lenders like banks and the SBA typically require. Requiring GAAP financials can create unnecessary obstacles. Why not let entrepreneurs use their tax returns instead? It's a familiar process that aligns with standard financial practices. Let’s advocate for accessible financial reporting to open more funding opportunities for small businesses. Watch @Devin Thorpe's video to learn more about this important topic. Let's build a more inclusive financial landscape! #GAAP #TaxReturns #SmallBusinessFinance #FinancialReporting #CrowdfundingStrategy #InclusiveEconomy

5

1 Comment

Technology is a game-changer for CPA firms, transforming how you work and serve your clients. Yet, only 9% of accountants feel they fully leverage their technology investments. This new comprehensive PICPA Insights report consolidates expert insights on technology adoption, addressing the key challenges firms face today. Learn how to overcome these hurdles and advance your firm's digital maturity: https://loom.ly/fFheYlc

4

Do you and your team get overwhelmed every time year-end gets closer!? 😫 This problem is all too common for many accounting firms and teams. We’ve found that a good checklist can help standardize the year-end tasks you repeat across all clients, helping ensure you complete every essential step without worrying about anything falling through the cracks. Here are our 8 key tasks we think every firm should include in their year-end closing process. https://lnkd.in/eingT5sr Plus, you'll also find a free checklist template you can download and customize for your company. #Accounting #Accountants

1

When I open a new client’s books to look at net income, I usually see a rollercoaster. Huge profits on some months, alternating with huge losses on others. “I thought it was a great month,” the CEO will tell me. “I don’t know how we lost that much.” Read more on why Transportation & Logistics Companies need clean financials to grow and sell ⬇️ https://lnkd.in/ghEVY8Y7 #Transportation #Logistics #Trucking #VirtualCFO #TransportationAccounting

9

2 Comments

Running a business is no simple task. There's managing employees, keeping customers happy, planning for growth...and then there's the accounting. Bookkeeping, taxes, financial reporting, audits, compliance - it can all start to feel like a second job you never asked for. An endless parade of receipts, spreadsheets, and numbers that make your head spin. Get in touch today to find out more about how we can help!  https://lnkd.in/eaCRqSZ8 #businessowner #smallbusiness #accountan #accountingservices

1

Fund managers and CFOs: Don’t let tax and audit season haunt you. Our experts are here to break down everything you need to know. Our end-of-year resource center covers: 👉 Why some funds are audited and some aren’t 👉 How venture capital is taxed 👉 How to find an audit partner Learn about audit details to consider, the roles of your fund admin and audit partner, plus understand the document types you’ll need in these short, informative videos. Check it out: https://lnkd.in/gQbRbdbd #FundTax #TaxandAuditSeason #FundCFO #VCCFO #FundManagers

91

We hear this question sometimes: Why is intercompany reconciliation required for my business? Intercompany reconciliations are important because they help eliminate errors in your financial statements. Read our article for tips on timely reconciliation.

2

Are you looking to buy or sell a business and are new to the world of M&A? Check out our guide for essential terms in lower-middle market mergers and acquisitions. From due diligence to integration, we've got you covered. ✅ https://lnkd.in/eq9Uxakh #mergersandacquisitions #business #guide #lowermiddlemarket #businessbroker #manufacturingindustry #selling #buying #businessterms

4