Clients with debt covenants in their loan documents should be aware that new proposed accounting guidelines for leases will require companies to put on their balance sheet all “right to use assets” with remaining lease terms greater than 12 months…. Continue Reading  

Growth in the nonprofit sector came to a screeching halt in 2008 when the economy went into recession, sending most organizations into survival mode as public and private revenue streams were challenged. For surviving organizations, the challenge now is how… Continue Reading  

With the U.S. economic recovery seemingly sputtering to a standstill, the trucking industry appears to be showing at least minimal growth in 2013 and possibly gaining some momentum post recession.  That growth is coming as a result of the residential… Continue Reading  

Based on our recent survey of over 1,000 middle market participants, CEO’s and their senior managers are seeking opportunities to improve revenue and margin. These two components require a separate, yet inclusive strategy as part of the company’s overall business… Continue Reading  

The 2013 US agribusiness outlook was turned upside down two weeks ago, when the Cinderella story of the past year, “2012 Draught Recovery,” turned into a tale encompassing too much of a good thing with excessive precipitation and cold weather. … Continue Reading  

A question that I am often asked by business owners needing a business valuation is: “Do I need a valuation expert with experience in valuing businesses in my specific industry?” In most cases the answer is no. Business valuation experts… Continue Reading  

While the 2012 drought may be old news to many, its impact continues to affect countless companies within the food and agribusiness industry. There are, in fact, several sectors of the food industry that could remain in distress in 2013… Continue Reading  

The retail industry is at war for consumer wallets.  Amazon.com has overturned the conventional “bricks and mortar” approach to retailing with its technological advances, ability to consolidate orders from multiple vendors, and expansion of its distribution network enabling significantly reduced… Continue Reading  

The accomplishments of our President have been alarmingly few and dismal. We have 35% more people on food stamps. We have more people joining food stamp rolls than payrolls as the total employment has only grown 2% over the same… Continue Reading  

One little known school debt program enshrined in the Michigan Constitution has the potential to dramatically affect taxpayers and future school bond issuance. The School Bond Qualification and Loan program provides Michigan’s credit enhancement to new capital bond issues plus… Continue Reading