Are you tying up your cash in inventory? Inventory-based businesses know that when you carry a lot of inventory, it soaks up a lot of your cash. Find out what you can do to speed up your inventory turnover to …
Can you afford a $200,000 case of fraud in your business? We break down the simple steps you can take to make sure fraud doesn’t happen to you.…
Does your business own a fleet of vehicles? Are any of them underutilized? Now may be the perfect time to sell your underutilized or used cars to turn a profit for your business.…
Is it even possible to have too much cash in your business? It is! With all the Paycheck Protection Program (PPP) money being given to small businesses, some people are finding themselves in a position of too much cash. The …
Merchant fees are fees that you pay to credit card companies to process credit cards that you accept from your customers. These fees typically range anywhere from 1.8% to 2.8%, but they can be as high as 3% to 3.5% …
Right now, there are trillions of dollars in government stimulus money going into the economy and one of the places that the government has put this money for businesses is in tax credits. There are four key tax credits that …
Cryptocurrencies, like Bitcoin, have been making headlines recently. One day they’re up and another day, they’re down. They’re going to continue to do that. The question is, should you accept cryptocurrency in your business and should you bill some of …
There are two different ways that you could be eligible to file your taxes—on a cash or an accrual basis. Find out which one is right for your business!…
Our team has been busy diving into the Paycheck Protection Program (PPP), SBA 504 loan and Employee Retention Credit. Here are our answers to the most frequently asked questions and a free download on which programs you may quality for …
The U.S. Small Business Administration (SBA) 504 loan program has been around for a while. However, recently it’s been making the news again because its benefits were significantly enhanced with the Consolidated Appropriations Act, 2021, that was signed into law …
Days sales outstanding (DSO) is a measure of the average number of days that it takes a company to collect payment after a sale has been made. By lowering your DSO, it provides options for you to keep the money …
The SBA recently released guidance relating to PPP Funding in the 2021 Consolidated Appropriations Act. Watch as one of TGG’s CFOs, Janine Smith simplifies the main points so you can take advantage of this new round of funding and make …
TGG Founder & CEO, Matt Garrett recently sat down with with Vistage to deliver 8 things that small businesses need to know about the latest Coronavirus Relief Bill. Watch now!…
The IRS recently issued a ruling denying Paycheck Protection Program (PPP) tax deductions even if your loan might be forgiven in the future. TGG Founder & CEO, Matt Garrett and one of TGG’s CFOs, Bonnie Howard led a TGG Bonfire …
TGG has been awarded a Top Workplaces 2020 honor by The San Diego Union-Tribune!…
Millions of small businesses received funding from the Small Business Association (SBA) Paycheck Protection Program (PPP) which has generated even more questions regarding how and when loans will be forgiven. Here is the latest on guidance issued from the SBA.…
Are you planning to exit in the near future? The best way to start is to get your financials in order. When a buyer evaluates the sale of your business, you must have accurate and detailed financials in order. Not …
When you sign up with TGG, you can expect two components that will contribute to your company’s success. We begin with an assessment of where your business’s financials stand at the time that you sign on with us. At TGG, …
According to a recent poll, 50% of company leaders believe their operations will not stabilize from the COVID-19 crisis before the next planning process. The global pandemic has placed a strain on all businesses over the last few months. Not …
When it comes to planning a business’ exit, it all begins with keeping excellent financials. As you, as an investment banker, work to prepare companies for the sale of their business, we can help. Here’s how TGG helps Investment Bankers …
According to Deloitte’s 2016 Global Outsourcing Survey, 59% of companies that outsource do so because of the cost-cutting benefits. While there are many other advantages to outsourcing, one of the most compelling is the ability to reduce costs. Here are …
TGG has been around for 15 years! We think we’re looking pretty good for our age.
The journey of growing a company – especially a service-based company like ours – has its growing pains and we wanted to share a …
At TGG we have started Bonfire Chats, webinars created to answer your questions surrounding today’s environment, and what you may need to know in the coming weeks. Last week, we discussed the Main Street Lending Program, and why it may …
Every business owner wants their business to be profitable.
There are many factors that lead to a profitable business, including employee productivity. Naturally, when your employees are more productive your profit margins will increase.. Productivity and profitability are two sides …
Hiring great salespeople is essential to the success of your business. These employees are dealing with the bulk of your business. The stats surrounding hiring salespeople are troubling. With 70% of hires in the sales field determined ineffective, and only …
Leadership is vital to a companies success, especially during times of crisis. Therefore, your leadership team needs to be prepared to make educated, quick decisions for the well being of your business. CFOs have a huge role in the decision-making …
On March 31, 2020, Matt Garrett, TGG founder and CEO, helped small business owners and employers alike to understand the economic stimulus package. This bill is complicated, but also extremely important for small businesses during these uncertain times. Here are …
The Coronavirus pandemic has thrown a wrench into a lot of businesses’ future plans. Business exit plans have also been changed due to this economic crisis. Mergers and acquisitions have been among the many exit plan options that have been …
The right customers want what you’re selling! Finding the right people to sell to can be challenging, whether you are just starting as a business owner or if you have owned your own business for a while. Selling to the …