Articles Tagged - Financial

Utilizing a Triple Bottom Line Approach for your Future Success

By Wiss, Posted in General Business

By Arnold Macalintal Yes, businesses can do good while also maintaining a healthy balance sheet and income statement. That’s the premise behind a triple bottom line approach, also known in some circles as TBL, or 3BL. The intent isn’t just to meet the company’s financial bottom line—it’s to focus on two others as well: social and environmental impact. The idea is to give equal consideration to the importance of people, planet and profit for the overall betterment of the busine... read more.

Accounting and Finance: A Forbidden Love

By Wiss, Posted in Accounting and Auditing

By Connor Doyle Accounting, our Romeo, and Finance, our Juliet. Two houses, both alike in dignity, in fair New York City, where we lay our scene, from ancient bond break to new maturity, where credit balance makes cash on hand burst seams. Accounting and finance, though both safely under the business umbrella, are divergent in ideology. Finance wants to spend and raise money for the future of a business while accounting wants to keep track of all that has happened in the past. But, both often use informati... read more.

Strengthening Millennials' Financial Literacy: On the Road to Financial Success

By Wiss, Posted in Financial Planning

By Connor Doyle So, you’ve crash landed in the middle of a city. There’s a funky road going somewhere and a lot of people you don’t know around you are singing and dancing. You’re confused. Last you remember you were safe at home, warm in your bed with your family surrounding you. What happened? College happened – a tornado. Winds whipped around you, you meet some odd characters, got turned in every direction, and have trouble remembering some of the finer details. But now you... read more.

Maintaining Control

By Wiss, Posted in Food & Beverage

How to retain ownership and control while bringing on investors By Arnold Macalintal  Your food or beverage business is going well, but you’re thinking it may need a cash infusion. Taking on investors can ease your financial burden, but at what cost? You’re the one with the dream, the plan and the sweat equity invested in the business, so why should you cede control to outsiders?  Here are some tips for getting the cash you need without losing the ability to run your business your... read more.