Welcome to Sector Insights... giving senior executives and their teams the latest tax, business and software news affecting your company's financial performance... and ultimately, your success. 

IS IT TIME TO SAY GOODBYE TO QUICKBOOKS?
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( via RBF Knowledge Center ) - For companies of a certain size, nothing beats QuickBooks as a way to organize, track and manage the financial aspects of the business. But at some point, the limitations of this type of entry-level accounting program become painfully apparent, especially when your company is on a growth trajectory that is quickly adding layers of financial complexity.
 
RBF partner Jack Malley reveals a few of the telltale signs that your company may be starting to outgrow the capabilities of QuickBooks.  

RBF NAVIGATOR: CAPTURING THE VALUE AND POTENTIAL OF YOUR BUSINESS
Now there's a way to calculate the potential value of your company as an operating asset, or its enterprise value, and then build a prioritized plan based on best practices to achieve it.
 
It's our new service offering called RBF Navigator. Using CoreValue, a patented methodology developed at MIT, RBF Navigator utilizes a two-step process to help you better understand, manage and monitor the intangible drivers behind your business. Your enterprise value becomes the yardstick of success, not simply a financial measurement at a particular point in time. 

5 TIPS FOR DOING BUSINESS IN MASSACHUSETTS AS A DELAWARE CORPORATION
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( via RBF Knowledge Center ) - When starting or spinning off a business, there are hundreds of decisions and a few important factors to consider - not the least of which includes how and where to establish your legal business entity.
 
While seemingly simple, the filing process has some benefits and nuances that you need to know about. RBF CFO Consultant Christopher Schuster offers five suggestions to make the process go more smoothly.  

SURVEY: RECURRING REVENUE RISING
A red needle racing on a speedometer to the words Race to Revenue to symbolize the speed of growth in rising profits and funds
( via CFO.com ) - Recurring revenue business models, also known as subscription or usage-based models, are opening up new opportunities across many industries - even in sectors where they haven't traditionally. For example, the subscription model has taken root in industrial sectors, like heavy equipment manufacturing, and in specialty markets such as medical devices.
 
As more companies adopt recurring revenue products, CFOs are trying to plan for the necessary changes in processes and IT systems.   

BITS & BYTES...
FINANCIAL SERVICE concept with Data analyzing in Forex_ Commodities_ Equities_ Fixed Income and Emerging Markets. the charts and summary info show about  Business statistics and Analytics value .
RBF partner Jack Malley was a panelist yesterday at "Mastering the Business of Life Science," a seminar hosted by the Mansfield Bio-Incubator. Jack shared insights about raising and managing finances with the audience of early-stage entrepreneurs, investors, and business development professionals. The nonprofit start-up support group assists with the creation, growth, and success of the next generation of biotech companies.
 
In client news, congratulations to RBF client Gotham Therapeutics for achieving a significant milestone in its drug discovery work with collaborative research partner ZoBio. Gotham is working to create a novel drug class targeting RNA-modifying proteins. By changing the activity of proteins that modify messenger RNA, the company hopes to develop new treatment options for patients suffering from cancers, auto-immune and neuro-degenerative diseases.  

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