Advisory publications are developed by HoganTaylor’s Advisory practice. The information offered in these publications are designed to serve as a guide for owners to work on their business throughout the year.
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A mission statement defines a company’s reachable aspirations, its objectives, and its approach to reaching those objectives. A vision statement, however, is a “fast-forward” description of the desired future state of the company within the boundaries of its mission. Together, … Continued
As the owner of your business, you must work on both your highest priorities and those Covey Quadrant 2 activities that are important, but not urgent, in order to move your business forward and accomplish your truly big goals. For … Continued
Robert Wagner, HoganTaylor Advisory Lead Partner, was recently featured as a speaker in an Expert Webcast discussion titled, “ICOs, Equity and Debt – Capital Raising Alternatives for the Middle Market.” Expert Webcast is a digital source of expertise for the … Continued
Information Technology (“IT”) is now a part of every company’s budget. Computers, software, connectivity, storage, and now security have soared in importance and spending in every business venture, large and small. Unfortunately, many small and medium sized businesses view their … Continued
Many publicly-held American companies are infected with a bad case of “short-termism”, the trap of managing the company to meet quarterly earnings expectations at the expense of long-term interests. Many economists have speculated that short-termism negatively impacts research and development … Continued
By Robert Wagner, HoganTaylor Partner & Advisory Practice Lead The number one way to improve profit margins in your services business is to increase prices. Ron Baker, the guru of value pricing for professional service firms often cites the results … Continued
Equifax, one of the “Big Three” credit reporting agencies, disclosed a massive data breach in a press release on Sept. 7—six weeks after the breach was discovered. Over the course of three months, hackers exploited a website application vulnerability to access … Continued
By Richard Ray, Information Technology Advisory Services Consulting Executive The hit TV show M.A.S.H. was about a military hospital in Korea, and in almost every episode a helicopter would fly in with wounded soldiers and the medical team would triage … Continued
By Richard Ray, Information Technology Advisory Services Consulting Executive The number one source of security data breaches are cyber-attacks on web applications in the “cloud,” and in the past three years those attacks have increased over 300%. Cloud applications are … Continued
By Advisory Practice Lead Robert Wagner and Consulting Manager Jon Tatum As you are dreaming about the fantastic trips you will be taking with the reward points from your new corporate credit card program, do not forget to implement internal … Continued