Blog

The Financial Survival Guide for Your Growing Construction Business

Cash flow woes, multi-state regulations, new tax obligations, more scrutiny from the IRS… …and we’re just getting started. Growing your construction business comes with a long list of financial growing pains. It can feel like you’re a start-up all over again: high risk, high reward, and so many things to learn. It can be exciting…Read more

Cash Flow Crisis: The Wrecking Ball of the Construction Business

Your business runs like a well-oiled machine. You are winning bids. Projects are pouring in. Your clients are happy. Your team is happy. You are on a straight-shot to success… …and then, out of nowhere, a cash flow crisis hits. Things grind to a halt. You miss payroll. You don’t have the funds to purchase…Read more

The Truth about Fraud’s Biggest Myths.

The truth is, most business leaders don’t know the truth about fraud. Do you? At Klein Hall, we work with businesses of every size – across just about every industry – to prevent and detect fraudulent activity. We know the challenges our clients face, and we also understand the scope and the reality of fraud’s…Read more

How to Take a Year-Round Approach to Minimize Taxes

If you run your own business, you probably grumble about your taxes from time to time. Does the grumbling get worse when your CPA starts working on your tax return and you realize it is too late to do anything to reduce your tax bill? If this sounds all too familiar, it’s time to take…Read more

As Klein Hall Grows, 5 of Our Best Receive Promotions

We are proud to announce that 5 of our outstanding team members have been promoted to leadership positions. As Klein Hall continues to grow our portfolio and expand our offering, these employees are essential to shaping the future of our firm. Jessica joined Klein Hall in January 2013 – first, as a Staff Accountant, and…Read more

Accounting Services for Retail Businesses

The accounting needs of your retail business are distinctly different from other professional services providers such as architects or lawyers. The most important difference is that you have to anticipate customer demand and order sufficient quantities of product in advance to satisfy that demand. If your demand forecasting is off and you buy too much…Read more

Fraud, by the Numbers

Fraud: The Numbers that Will Blow Your Mind (& Break the Bank) The numbers don’t lie. Unfortunately, if you’re like 95% of all business owners, your employees do. This is fraud, by the numbers. $7 Billion In 2018, the Association of Certified Fraud Examiners (ACFE) analyzed 2,690 cases of fraud. They found more than $7…Read more

Budgeting for Your Business 101

Just about every business owner knows their market, their product, and their customer base like the back of their hand. But no matter how familiar you are with the nuts and bolts of your individual business, for many, budgeting isn’t necessarily a skill that comes easily. However, proper budgeting can mean the difference between a business that’s…Read more

How to Avoid Common Growing Pains with a New Business

The INC 5000 lists rank the country’s fastest-growing private companies. Being included on this prestigious list has become the hallmark of entrepreneurial success. Many on the list know that fast growth can be painful, but there are things that you can do to minimize the pain. Having earned a spot on the list for the…Read more

5 Signs Your Business Seriously Needs a Controller

There is really no substitute for a Controller, a professional who manages the financial lifeblood of your business. Often, in the early stages, the leaders of start-ups and small companies will manage their finances themselves. However, as their business grows and the finances become increasingly complex, these leaders have neither the time nor the expertise…Read more