Financial Management Archives

8 steps to successful payment collection

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Although the economy is improving, collections remains a daunting task for many companies. Recognizing the challenges and establishing necessary procedures can help to turn the situation around. All business owners want to reduce the number of late paying clients and to build stronger customer relationships. The question is, “How?” Despite all the high-tech solutions available… Read More →

Dos and Don’ts when Paying for College

college graduates

Back to school specials are about to take over our shopping experiences once again, but for many high school students, this is also the time to start shopping for college. It takes more than clipping out a coupon to make sure you get a good deal. To many, it can seem so intimidating that many… Read More →

Most High-Net Worth Arizonans Enjoy Hobby Investing

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BMO Private Bank today released the results of a study on high-net worth Arizonans (those with at least $1 million in investable assets) and hobby (or passion) investing. The study, the fifth and last in a series by BMO Private Bank examining trends among the affluent, found that half of the state’s wealthy engage in… Read More →

Expert offers advice on estate planning

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Hope Leibsohn is an estate and tax planning attorney with Sherman & Howard. She has more than 25 years of experience in all aspects of estate planning involving wills, trusts, charitable techniques, estate freezes, and other sophisticated wealth transfer strategies. Az Business got Leibsohn’s views on estate planning. Az Business: Who should have an estate… Read More →

Arizona Central Credit Union Launches Kids’ Website

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Arizona Central Credit Union is launching a new initiative to encourage financial literacy among children. Designed for children between the ages of 8 and 12, this program is intended to encourage sound financial habits and further an awareness of positive saving and spending practices. Molly and Moe are the official mascots of the Monkey Money… Read More →

Avoiding a Cash Flow Crisis

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Maximizing profits and growth while also maintaining adequate cash flow is one of the most difficult challenges a young business faces, but it’s also one of the most important. The old adage that “cash is king” has never been truer given today’s challenges for securing a funds or attracting investors. To utilize capital to spur… Read More →

Take Charge America: 7 Fees You Should Avoid

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It seems there’s a fee for everything. It can be hard to keep track of all of the bank account fees, credit card fees and convenience fees consumers are charged – and it’s even harder to know which fees can be avoided altogether. “In many cases, people don’t realize how much they’re paying out, as… Read More →

Boost bottom line by helping workers with personal finances

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Employee productivity can be directly correlated with the overall profitability and general health of an organization. An effective workforce, to no one’s surprise, produces an effective product or service. However, many employers are overlooking one of the top issues negatively affecting productivity – problems with personal finances. According to the 2014 PwC Employee Financial Wellness… Read More →

Managing Deductions: Steps to increase revenue

Economic concepts

Unfortunately, it is common for customers to pay less than they owe, taking deductions off their bills or underpaying their invoices. For small businesses, this can create a significant loss in revenue and problems with cash flow. Some businesses have reported losing as much as 10 percent of their gross sales to deductions. Fortunately, companies… Read More →

Dos and Don’ts When Buying Life Insurance

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“Life insurance is a terrible investment,” it’s “too expensive” and “the fees and commissions are a rip-off”. Sound familiar? Too bad it isn’t true. Life insurance can actually be a perfect way to diversify your portfolio while growing and compounding your money, tax-free. Most people don’t realize all that it has to offer – like… Read More →

American Indian Graduate Center Honors REDW

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The American Indian Graduate Center (AIGC) honored REDWLLC, and one of its Principals, Bruce Bleakman, at its 6th Annual Awards Ceremony & Silent Auction Reception on April 24, 2014 in Albuquerque. REDW and Bleakman were recognized for their years of commitment to AIGC in helping students achieve their educational goals. “REDW and its individual employees… Read More →

Love-It or Hate-It Brands Are Less Risky

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Are you a big fan of Apple or Nike, or a hater of McDonald’s? A new study from the W. P. Carey School of Business at Arizona State University shows love-it or hate-it brands probably won’t perform exceptionally well in the stock market, but they also offer investors less risk because you know just what… Read More →

Take Charge America introduces counseling program for consumers facing bankruptcy

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Consumers facing bankruptcy have a new option for completing the bankruptcy counseling courses required by law. Take Charge America, a national non-profit credit counseling and debt management agency based in Phoenix, now offers bankruptcy counseling to help consumers understand and navigate the complex process of filing Chapter 7 or Chapter 11. Individuals filing bankruptcy are… Read More →

REDW Among Fastest-Growing Accounting Firms

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REDW LLC, one of the largest and most respected certified public accounting and business consulting firms in the Southwest, announced that AccountingToday.com named the company the fourth fastest-growing accounting firm in the U.S. during 2013. REDW was also recognized as the fifth largest accounting firm in the southwestern United States. AccountingToday.com , is a leading… Read More →