News by MHCS
How Predictive Analytics Helps Boost the Bottom Line
Aug 09, 2022
Manufacturers use predictive maintenance software to help tie the probability of equipment breakdowns and use that knowledge to schedule machine preventive maintenance and manage production. By autom...
Learn MoreUsing LLCs in Real Estate
Aug 04, 2022
Investing in real estate can be a complicated process. That is why many people turn to establishing limited liability companies, or LLCs, to account for all of the complex legal and tax implications o...
Learn MoreWorried About an Upcoming Financial Statement Audit?
Aug 02, 2022
A third party may require a successful and growing small business to have any audit. What they really want is assurance that the financial statements provided by your business are reasonably accurate ...
Learn MoreRecordkeeping Rules for Construction Companies
Jul 28, 2022
When it comes to recordkeeping, construction firms have a lot to deal with: accounting rules, the need to make various claims, keeping track of different expenses for tax deductions, and maintaining v...
Learn MoreThe Building Blocks - July 2022
Jul 26, 2022
The latest edition of The Building Blocks is here! In this edition, we share tips on managing a seasonal contract budget, drawing the line between exempt and non-exempt, how S corporations work, and t...
Learn MoreAdvantages and Disadvantages of Predictive Maintenance
Jul 26, 2022
Are you worried about huge maintenance costs and high maintenance frequency eating up your profits? Do you often witness unprecedented breakdowns that incur substantial time and resources? If you nod ...
Learn MoreTHE PRODUCTION LINE - JULY 2022
Jul 21, 2022
The latest edition of The Production Line is here! In this edition we highlight the advantages and disadvantages of predictive analytics and how it can boost your bottom line. We also look at budgetin...
Learn MoreConstruction: Classifying Workers
Jul 20, 2022
Much of construction work is carried out through contractors — you win a contract to complete work and use subcontractors who have the skills you need. But it's the classification of these workers — a...
Learn MoreManufacturing Trends for 2022
Jul 14, 2022
Some of these trends we’ve been hearing about for years, such as onshore rather than offshore, are mostly due to the supply chain issues we’ve been dealing with. But there are other trends also impact...
Learn MoreCommercial Real Estate: What To Do If You Cannot Pay Your Mortgage
Jul 12, 2022
As a result of the pandemic, many commercial real estate owners are unable to make their mortgage payments. While the CARES Act and the CAA targeted helping small businesses remain operational, they ...
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