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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.

AI Governance: The New Risk Your Business Can’t Afford to Ignore

Artificial intelligence (AI) is transforming the way businesses operate. Whether employees are drafting emails, summarizing meetings, analyzing data or generating reports, AI tools are quickly becoming an integral part of daily workstreams.However, while...
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Business Succession Options Explained: Which Path Is Right for You?

When business owners think about succession, many assume there’s only one outcome: selling the business to an outside buyer when it’s time to retire. In reality, there are several viable paths — and the right one depends on your goals, your business and...
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Common Exit Planning Mistakes Business Owners Make

Business owners certainly don’t plan to make mistakes when exiting their business — they simply put off planning altogether. Years of running day-to-day operations often push exit planning to the bottom of the list, until circumstances force decisions...
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New SBA 8(a) Thresholds: Why Reviews May Now Make More Sense than Audits for Growing Government Contractors

If you lead a small or midsize government contracting firm, you’ve likely heard a familiar refrain over the years: “We need an audit.” For many 8(a) businesses, that was true — because the Small Business Administration’s (SBA) previous reporting...
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The Best Tax Planning Happens Long Before the Sale of Your Business

For many business owners, taxes are one of the biggest unknowns when thinking about exiting their business. Questions like How much will I owe? or What can I do to reduce taxes? often come up — sometimes too late in the process to make a meaningful...
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AI & Data Security: How to Protect Your Business In an AI Driven World

Artificial intelligence tools exploded into the workplace almost overnight. What started as a novelty — typing a question into a chatbot — has quickly evolved into something much bigger: employees using AI to draft client communications, summarize...
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