At Strothman+Co, it’s our mission to help entrepreneurial businesses grow – at every stage – every day. That’s the principle our firm was founded on, and it’s the same philosophy that each and every Strothman team member brings to every client, every day. Based in Louisville, Kentucky, our firm partners with entrepreneurial companies of all …
Owning a successful small business may be the American dream, but it’s certainly not an easy life. As an entrepreneur, you’re responsible for everything from outlining the strategic vision to keeping customers happy. Despite the challenges, it’s a rewarding career with unlimited opportunities, provided you manage the business effectively. As you lead your business, the …
The Cash Conversion Cycle, also known as the Net Operating Cycle, answers the question, “How many days does it take a company to pay for and generate cash from the sales of its inventory?” However, before an analysis like this can take place, it’s important to consider the company’s primary line of business. If the …
At the very end of March, the House of Representatives passed a version of the bill known as Secure 2.0. The bill passed the House with overwhelming bipartisan support in a 414-5 vote. The House version still needs to pass in the Senate, where there are differing ideas on exactly what the bill should contain. …
According to the January 2022 Future Forum Pulse survey, there’s been a shift in what workers want post-pandemic. The report found that in Q4 of 2021, 78 percent of workers from six industrialized companies wanted location flexibility. The survey also found that 95 percent desired schedule flexibility. This is in light of the same survey …
Combating Employee Hesitancy to Not Return to the Office Read More »
If you think saving money is a waste of time, think again. It all comes down to having the right mindset and strategy – even if you don’t have a penny to spare. Here are some ground rules that have proven effective for many. All you have to do is be willing to dive in, …
You may or may not have heard of the 50/30/20 budgeting rule, but it’s a good one – one that will help make organizing your finances a lot simpler. The basic idea is to divide up your after-tax income and allocate it to spend this way: 50 percent on your needs, 30 percent on wants …
Metaverse has become a buzzword with much debate on its potential implications once it is fully realized. As far as businesses are concerned, the metaverse presents new opportunities and challenges, especially for marketing, branding and communication professionals. Understanding Metaverse Metaverse became a hot topic thanks to Facebook announcing its rebrand to Meta in October 2021. …
In the span of almost 2 years, the United States Treasury has printed almost 13 trillion dollars. 5 trillion for Covid relief, almost 5 trillion for quantitative easing, which is money being pumped into the economy to stimulate economic growth, and 3 trillion for infrastructure. According to Merriam-Webster Dictionary, the definition of inflation is: a …
If you pay $250 a month for cable and premium channels, that’s $3,000 a year. Over a 30-year period, the total cost would be $90,000. We don’t tend to think about how much we pay in regular expenses over the long term. However, that’s how various industry analysts report the cost of healthcare during retirement. …
