MCDA Daily

Your daily business tips

Succession Planning and Ownership Transitions: Preparing for What’s Next

Succession planning and ownership transitions are among the most consequential—and often most deferred—decisions facing business owners. Whether driven by retirement, liquidity needs, leadership development, or unforeseen events, ownership transitions shape a company’s continuity, culture, and long-term value. Yet despite their importance, many organizations delay meaningful planning. The result is frequently a rushed transition, value erosion, or internal disruption at preci

MCDA CCG, Inc.

State and Local Tax (SALT) Considerations for Manufacturers

For manufacturers operating in an increasingly complex and competitive environment, state and local tax (SALT) considerations play a critical—yet often underestimated—role in shaping financial performance and strategic decision-making. While federal tax policy tends to attract the most attention, SALT exposure can materially influence site selection, supply-chain structure, cash flow, and long-term growth. Understanding and proactively managing SALT obligations is no longer a

MCDA CCG, Inc.

Managing Financial Risk in Volatile Supply Chains

In 2026, supply chain volatility continues to challenge organizations across industries. Geopolitical shifts, fluctuating commodity prices, labor shortages, and technological disruptions have all contributed to an environment where even minor disruptions can ripple through costs, cash flow, and profitability. For finance and operations teams, managing this volatility is no longer optional—it’s essential. Understanding financial risk in supply chains requires both a forward-lo

MCDA CCG, Inc.

How AI and Automation Will Continue Reshaping Business Models in 2026

We’re approaching the end of 2025, and one thing is clear: AI and automation have already changed the way companies operate. But the story doesn’t stop here. As we head into 2026, businesses are set to take these technologies further—not just to streamline tasks, but to reimagine entire business models. From predictive insights to automated workflows to the rise of new hybrid job roles, the coming year promises opportunities—and challenges—for leaders ready to act. 1. Predict

Nov 19, 20253 min read

Invoice Management Tips to Reduce Late Payments

Late payments can strain cash flow, slow growth, and create unnecessary stress for small and medium-sized businesses. While chasing unpaid invoices is a reality for many companies, having a structured invoice management system can reduce delays and improve the likelihood of on-time payments. Why Invoice Management Matters Effective invoice management isn’t just about sending bills on time—it’s about creating a clear, professional, and consistent process that encourages client

Nov 18, 20252 min read

The Intersection of Payroll and Data Security: Protecting Sensitive Information

Payroll is one of the most critical functions in any organization. Beyond ensuring employees are paid accurately and on time, payroll also involves handling a treasure trove of sensitive information — from Social Security numbers and bank account details to salaries and tax records. Because of this, payroll isn’t just an administrative task; it’s a front line in data security. Why Payroll Data Is a Prime Target Payroll data is highly sensitive, and unfortunately, highly valua

Nov 12, 20252 min read

Budgeting and Financial Planning for Early Professionals: Building a Strong Foundation

Starting your career comes with excitement, new responsibilities, and, often, a steady paycheck for the first time. But alongside that comes the challenge of managing finances wisely—something that can feel overwhelming when there are student loans, rent, and lifestyle temptations. Establishing smart budgeting and financial planning habits early on can set the stage for long-term financial stability and even early wealth-building. Here’s a guide for early professionals lookin

Nov 6, 20252 min read

How Innovation Hubs Are Shaping the Future of Entrepreneurship

Entrepreneurship has always been about pushing boundaries — transforming ideas into impact. But in today’s fast-moving global economy, innovation rarely happens in isolation. It thrives in ecosystems — places where collaboration, creativity, and capital intersect. That’s where innovation hubs come in. From Silicon Valley to Singapore, Nairobi to Berlin, innovation hubs are redefining how startups grow, how businesses evolve, and how entire industries adapt to change. They’re

Oct 30, 20253 min read

How to Keep Culture Alive in a Remote Environment

Remote work is here to stay—but culture can’t be left behind. In the shift to distributed teams, many organizations have discovered that productivity doesn't always drop when people work remotely. But connection, belonging, and culture often do —and that's a long-term risk. Culture isn't about ping pong tables or office snacks. It’s about how people interact, make decisions, feel valued, and align with a shared purpose. When done right, culture drives engagement, retention, a

Oct 24, 20253 min read

Remote, Hybrid, or In‑Office: What the Best Companies Are Doing

The future of work isn’t about where people sit—it’s about how they work best. In the years since the pandemic reshaped our workplaces, companies have wrestled with one big question: Should we be remote, hybrid, or in-office? The best companies aren’t looking for a one-size-fits-all answer. They’re designing flexible models aligned to performance, culture, and employee expectations. Here’s what the most successful organizations are doing—and what it means for your business

Oct 23, 20253 min read

How Outsourcing Back Office Functions Frees Up Leadership to Focus on Growth

In today’s fast-moving business environment, leaders are constantly pulled in multiple directions — managing day-to-day operations while trying to drive long-term strategy. For small to mid-sized companies especially, the burden of administrative tasks can overwhelm leadership bandwidth and stall growth. One increasingly effective solution? Outsourcing back office functions. From accounting and payroll to HR, IT, and administrative support, outsourcing these essential (but no

Oct 16, 20253 min read