Accounting Leadership

Adjusting to the New Overtime Pay Rules

Adjusting to the New Overtime Pay Rules

The U.S. Department of Labor recently decided to increase the weekly salary threshold under which salaried workers are eligible for overtime pay when they work more than 40 hours per week. 

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

Five Steps To Segregate Duties and Prevent Devastating Employee Theft

Five Steps To Segregate Duties and Prevent Devastating Employee Theft

By segregating duties and other proactive controls, your company can decrease the chance of harmful loss from internal theft. 

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

Nine Steps To Get Ahead With 2016 Financial Projections

Nine Steps To Get Ahead With 2016 Financial Projections

Discovering your profit potential and conducting business efficiently is made possible with a prudent business plan.

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

Transcending the Top 5 Myths of Cloud Hosting

Transcending the Top 5 Myths of Cloud Hosting

Choosing a reliable cloud to host your data presents a secure, flexible, and affordable alternative for companies to accomplish all of their small business needs.

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

Seven Steps to Help Prevent Lapping

Seven Steps to Help Prevent Lapping

Lapping occurs when an employee pockets money from a sale, then uses funds from the next transaction to offset the negative balance. Could your company be a victim?

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

Beating the Business Failure Rate

Beating the Business Failure Rate

According to a Dunn and Bradstreet study, 90% of businesses fail because of financial management, specifically poor cash flow planning.

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

Small Business Advocacy

Small Business Advocacy

When it comes to supporting small business, COSE’s Advocacy Committee goes the distance.

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com