Cloud computing has changed how businesses of all sizes perform many tasks, and that includes managing their books. Cloud accounting software provides real-time access to financial data, automatic updates, easier collaboration with your accountant and less reliance on on-premises...... More »
Manufacturing and fabrication companies face constant external pressure from volatile energy and raw materials costs, low-cost products from overseas, fluctuations in the economy and consumer spending, and government regulation. And these pressures are only exacerbated by the internal stresses...... More »
Nonprofit board members might think of Form 990 as just an administrative task; something the finance team or an outside accountant handles once a year and files away. That’s a mistake. Unlike a corporation’s tax return, which is private...... More »
Tim McManamon is the founding director of McManamon & Co. and has more than 40 years of experience providing individuals and closely held companies with personalized accounting assistance. He is an experienced business valuation professional, and his valuation expertise...... More »
Shrinking revenues. Rising costs. Evolving Medicare/Medicaid programs. Regulatory compliance. Information security. Access to capital. These are just some of the myriad challenges healthcare organizations deal with on a daily basis. McManamon & Co. combines a deep knowledge of the...... More »
We’ve long warned about the telltale signs of small business fraud: a poorly worded email, an unfamiliar sender address, a request that just feels “off.” But artificial intelligence (AI) has rewritten the fraud playbook. Today, scammers can do a...... More »
Managing the growing risks and complexities of the construction industry is an ongoing challenge. To be successful, you need a partner who can help you tackle these challenges so you can reach your profitability and volume goals. McManamon &...... More »
A business owner says they want “an accountant” who can catch them up on a year of bank feeds, help them understand why cash is always tight and also weigh in on whether it makes sense to open a...... More »
Small business owners don’t just snap their fingers on day one and create a fully stocked office or a fleet of company vehicles. They must build their business from scratch, and that typically means using what you already have:...... More »
If it feels like it’s more difficult to keep your team fully staffed than it used to, you’re not imagining things, and you’re certainly not alone. Businesses across numerous and varied industries are contending with a labor market where...... More »