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Gross Mendelsohn Blog

A resource to help business owners, nonprofit executives and high net worth families preserve wealth, grow and thrive.

Kevin Brady

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Government Contractors  |  Manufacturing & Distribution

Quick Guide: Maryland Defense Diversification Assistance Program

The Maryland Department of Commerce is helping defense contractors grow their businesses, increase profits and find new opportunities. The Maryland Defense Diversification Assistance (MDDA) program seeks to help defense contractors diversify into new markets. Diversification is important for defense contractors given the unpredictability of procurement trends of the United States Department of Defense (DoD).

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Manufacturing & Distribution

What is Industry 4.0?

It’s no secret that technology has been evolving at light speed in the past few decades. If you need proof, just look at the development of computer and phone technology in the last ten years. The next big wave of manufacturing technology – as part of the fourth industrial revolution – is known as “Industry 4.0.”

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Construction & Real Estate  |  Government Contractors  |  Healthcare  |  Manufacturing & Distribution

3 Things You Must Know to Qualify for Maryland’s Job Creation Tax Credit

If your business is creating new full-time jobs in Maryland, you may be entitled to state income tax credits. The Maryland Job Creation Tax Credit rewards businesses that create a minimum number of new full-time positions in Maryland before January 1, 2020.

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Forensics & Litigation Support  |  Manufacturing & Distribution

4 Tell-Tale Habits of Manufacturing Employees Who Commit Fraud

Discovering employee fraud in your manufacturing business can feel like a punch to the gut. Not only has someone been embezzling your hard earned profits, but they’ve been sitting right under your nose while robbing you blind. Putting the brakes on employee fraud remains an ongoing challenge for many manufacturers, and even the biggest businesses aren’t immune. Employees who commit fraud often go years without detection, manipulating their authority and tenure at a company to stay under the radar while cashing in big.

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Construction & Real Estate  |  Government Contractors  |  Healthcare  |  Manufacturing & Distribution

What Do Your Financial Statements Tell You About Your Company’s Future?

Motivational speaker Zig Ziglar once said that “how you see your future is much more important than what happened in the past.” The same holds true for business owners and how they view their businesses.  

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Construction & Real Estate  |  Government Contractors  |  Healthcare  |  Manufacturing & Distribution

Ratio Analysis and Other Key Financial Metrics Important to Your Business

Many business owners and company managers have found that insight gained from their examination of company financial statements can be invaluable. Such insight can help businesses improve their profitability, cash flow and value.

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