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Four Motivators Increase Employee Engagement

Employee Management /

A high level of employee engagement generates longer retention, exceptional morale, strong loyalty, increased productivity and heightened profitability. It is very difficult to motivate employees without a consistent system in place.  The four cornerstones of increasing employee engagement are aligned goals, meaningful work, challenging assignments and employee recognition. Aligned Goals Research shows that an employee’s […]

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Using Cost Accounting to Measure Profit Margins in Personal Service Businesses

Accounting /

Cost Accounting is the process of collecting, analyzing, recording and summarizing data to be used in evaluating various courses of action.  It is an excellent tool to be used by personal service businesses to measure their profit margins. Cost Accounting Systems Allow a Business Owner to Maximize Operating Efficiencies Cost accounting systems involve the recording

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Are You Getting too Many Financial Data Points too Often?

Financial Strategy /

Only thirty six percent of business owners say “they can easily ensure consistent, quality decisions at all organizational levels” and a staggering eighty-nine percent said “a stronger partnership with finance in decision-making would help them better manage their organizations in the future.”   Chartered Institute of Management Accountants’ Chief Executive Officer Charles Tilley reported “We work

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What is the Difference between Bookkeeping and Accounting Services?

Accounting /

Bookkeeping and Accounting services share common goals.  They are both critical components of building a strong business foundation, assessing the health of a business and sustaining positive business growth.  However, they handle different parts of the financial ecosystem of a business. Bookkeeping Process Bookkeeping is the process of recording transactions in a consistent and timely

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Focusing on Profitability

CFO Strategy /

The primary mission of a business should be long-term, sustained profitability not just revenue growth. “Profitability is a measurement of efficiency.” It is ultimately the deciding factor in the success or failure of a business. It is expressed as a relative not an absolute amount. Profitability is the ability of a business to produce a

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2016 Wage and Hour Update: Don’t Get Caught Unaware!

Human Resources /

Pacific Crest Group thanks Shane Anderies, Esq. for the following wage and hour law updates.  Shane is a very experienced employment litigation attorney.  He represents employers in all aspects of work place law. Please contact Mr. Anderies with Anderies & Gomes at andgolaw.com regarding questions about employment law. 2016 brought several significant developments in wage

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Increase Employee Productivity

Employee Management, Human Resources, Performance /

Increasing employee productivity consists of excellent Leadership, Communication, Training, Motivation, Conflict Resolution and Evaluation skills. Leadership People can not achieve their full potential without effective leadership. Successful leadership is comprised of trust, motivation, planning, delegation of authority and the development of policies and procedures that document best practices. Communication Communication is essential in increasing productivity. 

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