Originally posted in Distilling. The market for craft spirits continues to grow and get more crowded. As distillers are seeking ways to differentiate, the business case for subscription models is compelling and should be considered by any producer. The benefits include predictability in the production plan, recurring revenue, stabilized cash flow and better consumer [...]

On Aug. 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 (IRA), a $437 million spending bill to address inflation, healthcare, certain tax matters and climate change. This bill includes the enactment of a 15-percent corporate minimum tax and a 1-percent excise tax on the repurchase of corporate stock, as well as expanded tax credits for re [...]

Originally published by Spiceworks. Employee resource groups (ERGs) help underrepresented employees feel connected and accepted, but remote work can make this challenging. Derrick Coleman, practice leader with GHJ Search and Staffing, explains how technology can help solve this problem, what tools are available, and how to decide when to invest in ERG software. Firs [...]

Despite the recent plunge in the cryptocurrency market, and predictions that cryptocurrency prices could fall even further before any sustained recovery, interest in cryptocurrency remains high. It is therefore not surprising that nonprofits have seen an increase in donors exploring opportunities to make cryptocurrency donations to their favorite charities. In this [...]

Originally posted in HR News Magazine. The Great Resignation has been a top-of-mind issue for many companies. The time and money spent hiring and onboarding new employees is significant, not to mention the institutional knowledge lost when an employee leaves. This is where diversity, equity, inclusion and accessibility (DEIA) comes in. Companies can boost retention [...]

On July 27, 2022, Senate Democrats introduced the Inflation Reduction Act of 2022 (IRA), a $470 million reconciliation bill to address inflation, healthcare, certain tax matters and climate change. This bill includes the enactment of a 15-percent corporate minimum tax and a 1-percent excise tax on the repurchase of corporate stock. Other changes include expanded tax c [...]

In this episode of the Media Clips Podcast, Host and GHJ Profit Participation Services Practice Leader Ilan Haimoff takes a look at motion picture financing, leading a discussion with two experts in the field. Adam Davids is the SVP Legal and Business Affairs for BRON Studios, where he has handled the financing and distribution legal since 2015. Davids has been the c [...]

With last week’s announcement that GDP declined in Q2 2022, an economic recession has technically begun — this series of blogs will highlight practical steps that business owners and managers should consider in preparation for a downturn. Over the next 12 weeks, we will discuss: How to Prepare for a RecessionThe Profit-and-Loss Ratios Businesses Must Always FollowHo [...]

Originally posted on ATD. 2021 marked a huge surge in the “quitter’s market,” with an average of 4 million employees in the U.S. voluntarily leaving their jobs each month. Companies are increasingly struggling with employee retention, since remote work makes it easier than ever for individuals to find new work opportunities. A useful tool in combating this issue is [...]

The Federal Reserve issued a Federal Open Market Committee (FOMC) statement that will increase the target range for the federal funds rate to 2.25-2.5 percent. The FOMC statement indicates that it seeks to achieve maximum employment and inflation at a 2-percent rate over the long term. In furtherance of this goal, the Federal Reserve increased the primary credit rate [...]