IT DEPENDS PODCAST
It Depends is a podcast series brought to you by Hantzmon Wiebel. If you’ve ever talked to an accountant, they’ve probably told you, “Well, it depends…” This podcast series is for business owners, leaders, operators, accountants, or anyone just wanting to learn more about the accounting industry.
RECENT EPISODES
Strategic New Year’s Resolutions for Business Owners
One of the most impactful resolutions a business owner can make at the beginning of the year is to create or update a realistic budget. A well-designed budget should align with both growth objectives and profitability targets, serving as a roadmap for decision-making throughout the year.
Strengthening Internal Controls to Support Audit Readiness
Internal controls are the foundation of a reliable accounting system. They are the processes, policies, and activities an organization establishes to safeguard assets, ensure accurate financial reporting, support compliance, prevent fraud, and promote operational efficiency. When these controls function well, everyone understands their responsibilities, transactions are recorded accurately, and the organization avoids unnecessary accounting confusion.
Choosing the Right Structure for Your Business
When starting a business entity, one of the most important—and often overlooked—decisions is choosing the right structure. From sole proprietorships to LLCs to corporations, each business entity comes with different legal, operational, and tax implications.
Planning the Future Your Business Deserves
Exiting a business involves more than selecting a date and placing the company on the market. It requires careful preparation—financially, operationally, and emotionally—to ensure a smooth and successful transition. A thoughtfully developed exit plan enables business owners to preserve value, maintain continuity, and part ways on their own terms. But too often, expectations around timing, ease, and outcomes don’t reflect reality.
The Strategic Impact of FP&A Budgeting
Financial Planning and Analysis (FP&A) forecasting and planning goes beyond traditional budgeting. It’s a dynamic planning tool that helps organizations set realistic expectations, evaluate performance, and respond to changing circumstances. While budgets are often considered static documents meant to limit expenses, effective budgeting aligns both revenue and spending with an organization’s long-term goals.
The Power of Enterprise Risk Management
Every organization encounters risks, but not all risks are negative. Avoiding risk entirely can limit growth and prevent an organization from reaching its full potential. Instead, organizations must learn to navigate and manage risk effectively.
Understanding the True Value of Your Business
Understanding the true value of a business is a critical yet often overlooked aspect of ownership. Business valuations provide clarity, whether you’re planning for the future, managing estate considerations, or preparing for a transition. Our team helps business owners uncover their company’s worth, turning financial data and industry insights into actionable strategies for growth and success.