Client Successes: WingBug
Straight & Level Technologies is an aviation and aeronautics technology company in Orlando, Florida whose flagship product, WingBug, is making waves across the small aircraft sector. The WingBug is a personal, portable, self-encompassed, pitot static precision measuring device, which is mounted to the wing of an aircraft and gathers true ADAHRS (Air Data Attitude Heading Reference System) flight information. This information is then transmitted for display to the pilot on an iPad, presenting him/her with an airspeed indicator, an attitude indicator, an altimeter, a turn and bank indicator, a compass, a vertical speed indicator, as well as an angle of attack and sideslip indicator. Read more…
Strombeck News: Strombeck’s Big News
If you’re familiar with Strombeck, you’ll know we go far beyond typical CPA work to actually help business owners eliminate barriers to their growth and financial success. And surely you’ve experienced the bold, yet big-picture approach that our seasoned advisors embody. But perhaps you didn’t know that we’ve helped several industry-leading companies achieve award-winning success. Or that we’ve recently announced some big news that could positively affect you and your business. Read more…
Client Successes: Creative Signs
“Strombeck was the one of the best moves I ever made in 36 years.” Tony and Cheryl DiSalvatore own and operate a fast-growing sign business in Orlando called Creative Signs, Inc., along with their four (out of five) adult children. Although wary of an external consultant, Tony sat down with Rick Strombeck in 2012 to hear what he had to say. “Rick’s attitude was confident, bold and enlightening,” Tony explains. “He was so direct, it concerned me and attracted me at the same time. Read more…
Client Successes: Dipasqua Enterprises
“I completely trust Strombeck’s highly competent team, which makes it easy to work with them.” The DiPasqua family founded DiPasqua Enterprises, Inc. as Subway’s first Orlando-area franchisee in 1977, and is now into its fourth generation of family-run sub sandwich restaurants. It’s also one of the largest franchisee groups in the nation. Prior to hiring Strombeck, DiPasqua CFO Mike MacKubin and his team would collect data from all 120 stores to be assembled into one database, in order for them to generate weekly reports. Read more…
Client Successes: Earnest Products
“Strombeck is constantly looking at measurements of success and opportunities for change.” Founded by Bryan Earnest in 1994, Earnest Products provides high-quality sheet metal fabrication and other related services. They operate out of their 240,000 sq. ft. facility in Central Florida, where they fabricate custom metal parts for a multitude of industries. Having been through a number of accounting firms and firing their CFO, Bryan was introduced to Rick Strombeck. “What struck me about Rick right away was his confidence and boldness,” says Bryan. Read more…
Strombeck News: Terra Mango
Terra Mango is an immersive and complex, location-based strategy game that pushes the boundaries of what's been done before. The game brings every building in the real world into the virtual world. This means the entire, real world, and every building in it, is the game’s battlefield. About Terra Mango Will you defend your race from the intrusion of your enemies as a Human? Will you exact revenge on your creators as the IO? Read more…
Client Successes: Universal Roof & Contracting
“Strombeck saved us thousands in labor costs and greatly improved our customer service.” Universal Roof & Contracting is a thriving family-owned business specializing in residential exteriors, roof repair/replacement and premium windows in Orlando, Florida. Jared Mellick, president of Universal Roof & Contracting, Universal Contracting commercial division and Renewal By Andersen windows division, has been a Strombeck client since 2014. Since that time, the Strombeck team has streamlined a number of Universal Roof’s processes, which has not only saved the company thousands of dollars, but also has greatly improved their customer service. Read more…
Strombeck Solutions: Succession and Transition Planning
The Boomer cycle is winding down and Boomer business owners are more and more preparing for the time when they will, by necessity or intention, take leave of the thing they built. Whether transitioning to the next generation, or to another owner, the best intentions are well thought through and planned. As Stephen Covey put it, “Begin with the end in mind.” What are YOU thinking about endings? We can help. Read more…
Leadership: Tom Peters Wants You to Read
Heading into summer, we look at the whole “Leaders are readers/ readers are leaders” theme. Tom Peters reinvented the business book with “In Search of Excellence” over 35 years ago. A voracious reader himself and writer of 29 books, he recently found himself talking with a “top 10 list of [Warren] Buffett–like” person. Their take? Today’s CEO’s don’t read enough. See what you think, plus get names of some books that Peters thinks are worth the time investment. Strategy+Business Magazine: Tom Peters Wants You to Read
Taxes: Uncle Sam Offers Help
Congress passed some bi-partisan tax relief recently – things of which you may be able to take advantage: Casualty losses deductible for more than $500 are more readily deductible, and can be taken against your 2016 or 2017 income – i.e. use it against the highest rate Up to $2,400 tax credit (even better than a special deduction) of wages paid to workers unable to come to work when the business was closed (“rendered inoperable”) due to the hurricane 50% limit on individual contributions and corporate 10% limit of taxable income suspended 10% penalty on retirement plan withdrawals is waived Up to $100,000 can be borrowed from retirement plans And more. Read more…