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When you own your own business, there are lots of things to think about and decisions that must be made. One of these major decisions is when you should invest in your own business’s growth. Often, there are valid reasons for both sides of the argument- it all comes down to your personal thoughts and situation. Nolan Accounting works with small businesses around Southeast Wisconsin.
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In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
What is Authorized Capital Stock? Authorized capital stock is the maximum number of shares that a corporation is legally allowed to issue. This restriction applies to both common stock and preferred stock. The number of authorized shares is initially set in a company's articles of incorporation, and can be increased thereafter if a majority of the shareholders approve of the change.
What is Accumulation? Accumulation refers to an increase in the equity of a business due to the retention of profits. Accumulation is most common in growing businesses that need the cash to pay for increases in working capital and fixed assets. A firm that is not experiencing much growth is more likely to reverse the accumulation process and pay out more dividends , since it has a reduced need for the excess cash.
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Related Courses Activity-Based Costing Activity-Based Management Cost Accounting Fundamentals What is an Activity Base? An activity base is a measured activity that is used to allocate overhead costs. For example, the number of machine hours used during a reporting period is a reasonable activity to use as the basis for allocating machine costs to units produced.
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The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
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Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
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