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MCDA Daily
Your daily business tips


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


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


Understanding Work-in-Progress: How WIP Impacts Financial Statements and Cash Flow
For many organizations, particularly in manufacturing, construction, or project-based industries, work-in-progress (WIP) is more than just an internal operational metric—it directly affects financial visibility and cash flow management. In 2026, as businesses navigate tighter margins, complex projects, and dynamic supply chains, understanding WIP’s financial implications is essential for both strategic planning and day-to-day decision-making. What Is Work-in-Progress? Work-in


How a Sluggish Labor Market Might Affect the Bargaining Power of Job Seekers vs. Employers
The labor market is showing signs of slowing. Recent data indicates hiring was down nearly 6% year-over-year in October, with payrolls rising modestly by around 40,000. This slower pace of job growth has important implications—not just for HR professionals and employers, but for job seekers navigating their career paths. The Shift in Bargaining Power In a robust labor market, job seekers often have the upper hand. High demand for talent allows candidates to negotiate higher s
Nov 13, 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


Why Digital Invoicing Could Improve Your Cash Flow
Modernizing your billing process for faster payments and healthier finances For many small and medium-sized businesses, cash flow is the...
Jul 21, 20253 min read


The Myth of Overnight Success: Real Stories of Long-Term Wins
The Myth of Overnight Success: Real Stories of Long-Term Wins In the world of entrepreneurship, the allure of "overnight success" is a...
Jun 6, 20252 min read


AI Anxiety in the Workplace: Understanding and Addressing Employee Concerns
As artificial intelligence (AI) continues to integrate into the workplace, many employees are experiencing a new phenomenon known as "AI...
Oct 3, 20243 min read


How Instagram's New Restrictions on Underage Users Could Impact Businesses
Instagram’s new restrictions on underage users, designed to promote privacy and protect the emotional and physical health of younger...
Sep 19, 20242 min read


The Future of Accounting: Trends to Watch in 2024
The accounting industry is undergoing a significant transformation, driven by technological advancements and evolving business needs. As...
Sep 5, 20243 min read


Inflation Slows to Three-Year Low: What It Means for the Economy
Inflation has slowed to its lowest level in over three years, signaling potential interest rate cuts in the near future. The U.S....
Jul 1, 20242 min read


Recent Changes in Tax Laws and Their Implications for Businesses
Tax laws are constantly evolving, and businesses must stay informed to optimize their tax planning and ensure compliance. Recent changes...
Jun 28, 20243 min read


The Impact of Banning TikTok: A Look at Its Effects on Businesses
A TikTok ban impacts businesses' marketing, influencers, innovation, e-commerce, and global growth, reshaping their strategies and reach.
Apr 25, 20243 min read


Rethinking Tipping Culture: The Rise of Guilt Tipping and Its Impact on Consumer Behavior
In recent years, tipping culture has become a contentious issue, with many Americans feeling overwhelmed by the pressure to tip...
Apr 5, 20241 min read


The Balancing Act: Would You Take a Pay Cut for More Happiness?
By embracing change and prioritizing well-being, individuals pave the way for a more balanced, purposeful, and fulfilling future.
Apr 2, 20242 min read


Capital One's Acquisition of Discover Financial: A Game-Changer in the Credit Card Industry
Capital One's acquisition of Discover Financial reshapes the credit card industry, heralding consolidation and strategic growth.
Feb 23, 20242 min read


Embracing AI Technology: Transforming Business Operations
AI revolutionizes business operations & customer experiences, streamlining operations & transforming interactions with stakeholders.
Feb 21, 20242 min read


The Corporate Transparency Act: Implications for Family Offices
The Corporate Transparency Act brings a new level of transparency and reporting obligations to various entities, including family offices.
Oct 18, 20233 min read


The Transformative Power of AI: Impact on Modern Business
AI's evolution empowers organizations to streamline operations, enhance customer experiences, and drive innovation.
Oct 12, 20232 min read


The Writers' Strike Deal and Its Impact on Netflix
The Hollywood industry has been holding its breath for 146 days, and finally, there's a glimmer of hope on the horizon.
Sep 25, 20233 min read
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