Business Consulting

5 Tips to Consider Before You Buy a Franchise

Yeo & Yeo CPAs & Business Consultants

For entrepreneurs seeking a lower-risk, turnkey opportunity, a franchise can be a good fit. But to help ensure you are making the right choice be sure to consider: 1. Self Assess. Franchise systems are highly structured and best suited to owners willing to follow rules and listen to feedback. 2. Perform Research. Some franchises are better tha... Learn More

A Business Owner’s Key to Success: Focusing on the Big Picture

David W. Schaeffer

Why do so many businesses continuously struggle to make ends meet, while others appear to thrive year after year? Why do some business owners seem to have an unlimited amount of time to take family vacations and play active roles in their communities, while others work an excessive amount of hours and are seemingly chained to their business? On... Learn the Keys to Success

Pro Bono CPA Services for Growing Companies in Michigan

Yeo & Yeo CPAs & Business Consultants

Yeo & Yeo CPAs & Business Consultants is going into its fifth year of helping to advance Michigan’s growth by nurturing companies through pro bono services under the Pure Michigan Business Connect initiative. This initiative, developed by the Michigan Economic Development Corporation (MEDC), connects early-stage Michigan com... Learn More

Ann Arbor SPARK Announces 2016 and 2017 FastTrack Award Applications

Yeo & Yeo CPAs & Business Consultants

Yeo & Yeo is proud to sponsor the SPARK FastTrack Awards which celebrate the economic prosperity of the greater Ann Arbor region. Since 2010, it has been the firm’s privilege to support this initiative and perform the review of the FastTrack applications. FastTrack is an exciting annual program sponsored by Ann Arbor SPARK, recognizi... Learn More

Consider Deploying a Red Team at Your Business

Yeo & Yeo CPAs & Business Consultants

Protecting a company from attack by third parties intent on stealing money, data -- or both -- is a constant challenge. Companies must anticipate where the threat is the most severe and defenses are the weakest and dedicate the appropriate resources there. However, given the complexity of a company's information technology environment, as w... Learn More

Stay on Top of Your Business Credit Rating

Yeo & Yeo CPAs & Business Consultants

These days, anyone looking to form a new business relationship -- especially one that involves credit -- is wise to check out the risk involved first. After all, we know that even giant companies that once seemed untouchable, may be teetering on too narrow a pedestal. With that in mind, various part... Learn How

The Four Cornerstones of Internal Controls

Christopher Sheridan

Employees of most small to mid-size businesses are seen as part of the family, and business owners could never imagine that their family would steal from them. In fact, employees pose the greatest fraud threat in today’s economy. In its 2016 Report to the Nations on Occupational Fraud and Abuse, the Association of Certified Fraud Exami... Avoid Fraud

How Many Employees Does Your Business Have for ACA Purposes?

Yeo & Yeo CPAs & Business Consultants

It seems like a simple question: How many full-time workers does your business employ? But, when it comes to the Affordable Care Act (ACA), the answer can be complicated. The number of workers you employ determines whether your organization is an applicable large employer (ALE). Just because your business isn’t an ALE one year... Read More

Will You Be Able To Communicate During a Crisis?

Yeo & Yeo CPAs & Business Consultants

If disaster struck your company tomorrow, would you know how to quickly reach employees and their families? Would you be able to talk to them quickly and efficiently? If the answer to those questions is anything but a resounding "yes," it's time to create or review your crisis communication plan. Basic Info One of the most importan... Learn More

Price or Value: Which is Correct?

Yeo & Yeo CPAs & Business Consultants

When a business is sold, it often sells for more (or less) than the appraised value. This may come as a surprise to laypeople, but valuators understand that there are many valid reasons that "price" and "value" may differ. Businesses that understand this subtlety are better positioned to make informed decisions. Price vs. Value Price is... Learn the Difference