Miller Brown Ohm & Associates - York office
Looking for a proactive, people-oriented individual with payroll and income tax experience to join our team in York assisting small businesses and individuals. Seasonal or full-time depending on the individual.
Running a profitable company is no game; but you’ve still got to play to win. That’s why it’s important to regularly evaluate the competitiveness of your business. http://owl.li/UBlu30jNztW
Every business owner launches his or her company wanting to be successful. But once you get out there, it usually becomes apparent that you’re not alone. To reach any level of success, you’ve got to be competitive with other similar businesses in your market.
When planning a company retreat, you may wield home field advantage by holding the event at your offices. But taking your team on the road could score you some stronger strategic ideas. http://owl.li/DnLD30j63lG
When a business decides to hold a retreat for its employees, the first question to be answered usually isn’t “What’s our agenda?” or “Whom should we invite as a guest speaker?” Rather, the first item on the table is, “Where should we have it?”
Every business wants to fuel its success with a high-octane sales process. To make that happen, you need an effective pipeline to get the right prospects to your sales team. http://owl.li/h5lO30iWNfy
An old business adage says, “Sales is a numbers game.” In other words, the more potential buyers you face, the better your chances of making sales. This isn’t completely true, of course; success also depends on execution.
Are your retirement plan communications like a “must read” book rocketing up the bestseller list or a boring sales circular that goes right into the trash? Here’s how to get the word out in a more exciting way. http://owl.li/pld130iGjQm
Employees tend not to fully appreciate or use their retirement benefits unless their employer communicates with them about the plan clearly and regularly. But workers may miss or ignore your messaging if it all looks and “sounds” the same. That’s why you might want to consider getting more cre...
For businesses, using social media can be like walking on eggshells. You want to get noticed, but you don’t want to embarrass yourself. Fine-tuning your objectives can help you find the right balance. http://owl.li/MHNp30ixmE4
Social media can be an inexpensive, but effective, way to market a company’s products or services. Like most businesses today, you’ve probably at least dipped your toe into its waters. Or perhaps you have a full-blown, ongoing social media strategy involving multiple sites and a variety of conte...
Today’s business world is a vast ecosystem of information and competition. Benchmarking can help your company swim with the big fish without getting gobbled up. http://owl.li/drJm30iphBA
You may keep a wary eye on your competitors, but sometimes it helps to look just a little bit deeper. Even if you’re a big fish in your pond, someone a little bigger may be swimming up just beneath you. Being successful means not just being aware of these competitors, but also knowing their approa...
Precious few businesses could last long if their operations were shut down by a fire, flood or some other unforeseen disaster. Measure your level of risk carefully and consider business interruption insurance. http://owl.li/2wu930i7FXO
Natural disasters and other calamities can affect any company at any time. Depending on the type of business and its financial stability, a few weeks or months of lost income can leave it struggling to turn a profit indefinitely — or force ownership to sell or close. One way to guard against this ...
Today’s businesses operate in an information-rich environment. Big data can help you put all that info to good and potentially profitable use. http://owl.li/WudO30hQ97M
You’ve probably heard or read the term “big data” at least once in the past few years. Maybe your response was a sarcastic “big deal!” under the assumption that this high-tech concept applies only to large corporations. But this isn’t necessarily true. With so much software so widely ava...
Companies nowadays have a wide variety of outsourced services to choose from. But deciding whether to engage an external provider calls for a careful assessment of the benefits vs. risks. http://owl.li/ACnj30hK24R
For many years, owners of small and midsize businesses looked at outsourcing much like some homeowners viewed hiring a cleaning person. That is, they saw it as a luxury. But no more — in today’s increasingly specialized economy, outsourcing has become a common way to cut costs and obtain expert ...
Business owners spend a lot of time putting out fires. Unfortunately, many spend so much time dousing the flames of operational crises that they neglect strategic planning. This can be a dangerous oversight. http://owl.li/opQG30hsjML
A business can provide a family with wealth and a sense of pride for decades. But transitioning leadership from one generation to the next is difficult. Take a thoughtful approach to picking your replacement. http://owl.li/gO1l30hlXZJ
There’s an old saying regarding family-owned businesses: “Shirtsleeves to shirtsleeves in three generations.” It means the first-generation owner started in shirtsleeves and built the company up from nothing but, by the third generation, the would-be owner is back in shirtsleeves with nothing ...
After the bottles have been popped and confetti swept from the floor, business owners will face a new year of challenges. Start thinking now about how to strengthen your company’s bottom line. http://owl.li/4luW30hcUvn
Make New Year’s resolutions to improve profitability
Miller, Brown, Ohm & Associates, CPAs - McSherrystown office
Like we have done the past 3 years, MBO will be donating to charities in lieu of mailing Christmas cards to all of our clients. This year we are donating to ALS Association (also in memory of Troy Sanders who just passed away from ALS) and to New Hope Ministries. Hopefully these funds will help make a difference to local people.
Like we have done the past 3 years, MBO will be donating to charities in lieu of mailing Christmas cards to all of our clients. This year we are donating to ALS Association (also in memory of Troy Sanders who just passed away from ALS) and to New Hope Ministries. Hopefully these funds will help make a difference to local people.
Someday, they say, the computers will take over. That’s probably not going to happen anytime soon. But artificial intelligence may be useful to your company right now. http://owl.li/bPiL30h3BJd
The artificial intelligence (AI) revolution isn’t coming — it’s here. While AI’s potential for your company might not seem immediately obvious, thi...
Some say that annual budgets, like rules, are made to be broken. If it looks like you’ll go over budget this year, consider this a good opportunity to make some beneficial changes to your business. http://owl.li/UDU630gTMQu
Year end can’t get here soon enough for some business owners — especially those whose companies have exceeded their annual budgets. If you find you...
It’s easy to feel constrained by the complexity of employee benefits and the many options available. You may find a Flexible Spending Account accommodating in its relative simplicity. http://owl.li/cB2130gBxIa
Business owners have to make tough choices when it comes to providing benefits to their employees. Many companies, especially newer or smaller ones...
Texts, social media, websites. There are plenty of ways to communicate electronically these days. But businesses can still market effectively via email when it’s done right. http://owl.li/IbTO30gsTgf
No business owner wants to send out spam. Even the term “email blast,” the practice of launching a flurry of targeted messages at customers and pro...
Making your financial statements gleam with success in the eyes of lenders or other stakeholders may require cutting back on poor-selling, unprofitable inventory or services. http://owl.li/HJIT30g7Q1r
Your business financials — where they stand currently and where they might be going next year — are incredibly important. Obviously, sales and...
The appraised value of any given company is no simple thing. As you develop a fully formed succession plan, be sure you clearly see the whole picture when it comes to valuation. http://owl.li/M66n30fY4SR
They say nature has a tendency to fall into disorder. The same holds true for business data. Here are four ways to keep your digital house in order and get the most from your company’s information. http://owl.li/czXA30fO6m8
With so much data flying around these days, it’s easy for a company of any size to get overwhelmed. If something important falls through the...
They say you’ve got to spend money to make money. But are you spending too much? Or charging too little? Electrify your company’s profitability with a strong link between costs and pricing. http://owl.li/29wT30fDRq6
As we head toward year end, your company may be reviewing its business strategy for 2017 or devising plans for 2018. As you do so, be sure to give...
As a business owner, you may encounter wide gulfs separating you from where you want to be. But there’s usually a bridge somewhere. When it comes to financing, for example, consider a mezzanine loan. http://owl.li/PG5Z30ft9kd
In their efforts to grow and succeed, many companies eventually reach the edge of a precipice. Across the divide lies a big step forward — perhaps...
Only those who have founded a company fully understand the amount of dedication and hard work involved with creating and growing that business. But this doesn’t mean you can ignore succession planning. http://owl.li/RGIC30fkbde
Are you the founder of your company? If so, congratulations — you’ve created something truly amazing! And it’s more than understandable that you’d...
Your company’s “best customer” may or may not be as valuable as you think. There’s only one way to find out for sure: Analyze each customer’s contributions to your bottom line. http://owl.li/W3vb30f9sCE
“We love our customers!” Every business owner says it. But all customers aren’t created equal, and it’s in your strategic interest to know which...
Unprepared businesses can have two left feet when a digital disruption hits their industry. Be ready to hop to it with the right digital transformation strategy. http://owl.li/UBxl30f4juc
You’ve probably heard the term and wondered whether it could happen to your company. Maybe it already has. We’re referring to “digital disruption”...
The way forward for any company is often clouded with uncertainties and slow-developing problems. Key performance indicators can allow you to navigate out of the weeds and into the green. http://owl.li/WuXX30eNbjy
From the baseball field to the boardroom, statistical analysis has changed various industries nationwide. With proper preparation and guidance,...
What can go wrong when a business owner must (or decides to) leave the company? Plenty! Here’s how a buy-sell agreement can help keep the peace. http://owl.li/ooOt30eDlq1
A buy-sell agreement is a critical component of succession planning for many businesses. It sets the terms and conditions under which an owner’s...
Many companies launch marketing promotions relating to holidays or the changing of seasons. But don’t forget about back to school! We’ve got some ideas to inspire you. http://owl.li/Mmg730esoaA
August is back-to-school time across the country. Whether the school buses are already rumbling down your block, or will be soon, the start of the...
Attracting and retaining top executive talent is a business imperative. A nonqualified deferred compensation plan can help you win the talent race with a powerful benefits package. http://owl.li/hYaV30ei2W8
Many business owners and executives would like to save more money for retirement than they’re allowed to sock away in their 401(k) plan. For 2017,...
For a successful business, opening an additional location to keep the company growing may seem like a no-brainer. Yet the risks to your existing operations are many. Let’s think it through. http://owl.li/8RBV30e7hP7
A profitable new sales opportunity may be right around the corner. But how do you know when to make the turn? By tracking lost sales. We have some great ideas for doing so. http://owl.li/L48d30dXRIg
“Sorry, we don’t carry that item.” Or perhaps, “No, that’s not part of our service package.” How many times a year do your salespeople utter these...
A company’s profitable future can drown in a sea of dollars. That’s right, maintaining too much cash may compromise your competitive edge. We have some suggestions. http://owl.li/hOLc30dMI2r
From the time a business opens its doors, the owner is told “cash is king.” It may seem to follow that having a very large amount of cash could...
They’re out there and they may be legion. We’re referring to threats to your business operations. But, rest assured, your company can protect itself with the right plan in place. http://owl.li/F5Iu30dBh1p
What could stop your company from operating for a day, a month or a year? A flood or fire? Perhaps a key supplier shuts down temporarily or...
Are you happy with your company’s approach to compensation? More important, are your employees? It may be time for an adjustment to ensure you’re providing equitable compensation. http://owl.li/Wl1V30dmW1p
As a business evolves, so must its compensation strategy. Hopefully, your company is growing — perhaps adding employees or promoting staff members...
Accounting systems are like tires. They all go flat eventually. Business owners should be prepared to upgrade this software on a regular basis. There are at least two good reasons for doing so. http://owl.li/WPY830d1zPe
What do ice cream shops, pumpkin patches and ski equipment stores have in common? They’re all seasonal businesses. If you are, too, here’s how to address your distinctive cash flow challenges.
http://owl.li/grVJ30cML4C
Every business has some degree of ups and downs during the year. But cash flow fluctuations are much more intense for seasonal businesses. So, if...
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Mike Redmond Jr, Health Insurance Broker
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Shearer's Accounting & Tax Services
356 Fairview Ave
