Working capital management is critical to business success

Working capital management is critical to business success. Success in business is often measured by profitability — and that’s hard to argue with. However, liquidity is critical to reaching the point where a company can consistently turn a profit. Even if you pile up sales to the sky, your bottom line won’t flourish unless you […]
How businesses can better retain their salespeople

The U.S. job market has largely stabilized since the historic disruption of the pandemic and the unusual fluctuations that followed. But the fact remains that employee retention is mission-critical for businesses. Retaining employees is still generally less expensive than finding and hiring new ones. And strong retention is one of the hallmarks of a healthy […]
Comprehensive Accounting Services in Indianapolis: What We Offer

Accounting services in Indianapolis can include many different business services. Navigating the financial intricacies of personal and business accounting can also be a daunting task. OnTarget CPA, an Indianapolis CPA firm located in the heart of Indianapolis, provides a suite of comprehensive business accounting services designed to manage these complexities efficiently. Our approach focuses on […]
Choosing the Right Indianapolis CPA Firm for Your Financial Needs

Choosing the right Indianapolis CPA firm is a critical decision for individuals and businesses alike, particularly when navigating the complexities of accounting, taxation, and consulting services. OnTarget CPA in Indianapolis stands out as a firm dedicated to understanding and meeting the unique needs of each client. This post guides you through the factors to consider […]
Achieving Business Success with Strategic Consulting in Indianapolis

In the competitive business environment of Indianapolis, achieving sustained success requires more than just a great product or service. Strategic consulting, particularly in areas like accounting, taxation, and overall business strategy, plays a pivotal role in steering businesses toward long-term growth and stability. OnTarget CPA, located in the heart of Indianapolis, provides consulting services designed […]
Business succession planning: owners sometimes need to switch successors

Business succession planning can be personally tough on business owners. Owners sometimes need to switch successors. For many business owners, choosing a successor is the most difficult task related to business succession planning. Owners of family-owned businesses, who may have multiple children or other relatives to consider, particularly tend to struggle with this tough […]
Does your company have an EAP? If so, be mindful of compliance

Many businesses have established employee assistance programs (EAPs) to help their workforces deal with the mental health, substance abuse and financial challenges that have become so widely recognized in modern society. EAPs are voluntary and confidential work-based intervention programs designed to help employees and their dependents deal with issues that may be affecting their mental […]
Brand audits can help companies in a variety of ways

A strong brand can help boost revenue, while a weaker one may reduce sales opportunities and stifle growth. Like many business owners, you’ve probably spent considerable time and energy crafting your company’s brand. Doing so has likely involved coming up with a memorable business name and logo, communicating with customers in a distinctive manner, and, […]
IT strategy showdown: Enterprise architecture vs. Agile

Few, if any, companies can operate successfully today without the right information technology (IT) strategy. And as businesses grow, their IT needs and infrastructures become even more complex and costly. This push and pull of managing growth while grappling with tech has brought two broad approaches to IT strategy to the forefront: enterprise architecture and Agile. […]
Which leadership skills are essential to strategic planning?

To help ensure continued stability and profitability, businesses need to engage in some form of strategic planning. A recent survey by insurance giant Travelers drives home this point. In its 2024 CFO Study: A Travelers Special Report, the insurer surveyed 610 chief financial officers (CFOs) from companies with 500 or more employees in various industries. One […]