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Category: Financial ManagementReturn to Latest News
Wed., Nov. 5, 2014
WSJ Turns Up Heat on IPG
By Kevin McCauley
 

The Wall Street Journal has published an un-sourced story that activist investor Elliott Management is pushing for the sale of Interpublic.

Category: Financial Management
Tue., Aug. 5, 2014
Gould Re-Launches
By Kevin McCauley
 
Rick GouldCPA Rick Gould has re-launched GouldPartners in what he calls an amicable spinoff from SGP Worldwide, the former StevensGouldPincus
Category: Financial Management
Wed., Jun. 25, 2014
Sard, Joele Frank in Cliffs Proxy Battle
By Greg Hazley
 
cliffsPublicly traded iron ore mining company Cliffs Natural Resources and New York hedge fund Casablanca Capital are relying on outside PR counsel in a proxy battle.
Category: Financial Management
Thu., May 22, 2014
Navigating Mergers and Acquisitions in the PR Industry
By Richard Goldstein
 
goldsteinBuying or selling is one of the most expensive decisions a PR firm can make, and one of the most dangerous.
Category: Financial Management
Fri., Feb. 7, 2014
PR Agency Profitability Wisdom From The Pros
By Richard Goldstein
 
I have written many columns on what it takes to make a profit by providing public relations services. However, many of PR firm advisors are on the same bandwagon. This month I will codify some of the best thinking on the subject from advisors.
Category: Financial Management
Fri., Nov. 1, 2013
Turning Your Profit Meter On
By Richard Goldstein
 
Now that it seems we are out of gloom and doom, the stock market is up and the merger and acquisition market is back to being active, you need to make sure you are on the profit track for the future.
Category: Financial Management
Tue., Oct. 1, 2013
Managing for Prosperity in 2014 and Beyond (part three)
By Richard Goldstein
 
One of the most important keys to success is to have a vision, a goal if you will, that by earning anything less than 25 percent to 35 percent, or more, pre-tax profitability just cannot be in the cards. 
Category: Financial Management
Mon., Sep. 2, 2013
Managing for Prosperity in 2014 and Beyond (part two)
By Richard Goldstein
 
The number one item on your list is to reach a target profitability of 25 percent or more. If you are at the 25 percent mark, make your target 35 percent.
Category: Financial Management
Thu., Aug. 1, 2013
Managing for Prosperity in 2014 and Beyond
By Richard Goldstein
 
Can PR firms in today’s business environment achieve “breakthrough profitability? Most PR firms are private companies and do not report their profitability.
Category: Financial Management
Mon., Jul. 1, 2013
Understanding the Roth Qualified Plan Rollover Rules
By Richard Goldstein
 
Whenever I meet with a financial planning client, the subject of the Roth IRA comes up. By way of a refresher, unlike a traditional IRA, contributions to Roth IRAs are nondeductible.
Category: Financial Management
Mon., Jun. 3, 2013
Pricing: Should You Raise or Lower Your Fees?
By Richard Goldstein
 
After years in recession, the U.S. economy continues to just plod along, leaving thousands of business owners in a quandary as to how to continue running their business profitability.
Category: Financial Management
Wed., May 1, 2013
How to Manage a PR Firm in Uncertain Times
By Richard Goldstein
 
As tempting as the idea of putting off the inevitable may appear, it does not make sense to put decisions and investments on hold indefinitely.
Category: Financial Management
Fri., Mar. 1, 2013
How to Reach the Next Level in PR
By Richard Goldstein
 
Many PR agencies reach out to PR advisors to learn what is necessary to reach the next level in PR. In my view, preparing and implementing a strategic business plan is the key to reaching the next level.
Category: Financial Management
Fri., Feb. 1, 2013
All in the Family and More
By Richard Goldstein
 
Many employers have a general understanding of the Family and Medical Leave Act of 1993, but the particulars can be a bit fuzzy.
Category: Financial Management
Today's Poll:
Cosby
Bill Cosby needs to:
Lay low
Do an interview
Let his lawyer talk
Push back
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Public relations covers such a broad array of communications services these days that defining it has become harder than ever. Read more...
 
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The 2014 Extending Your Brand to Employees Conference
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Top PR Firms - 2014 Rankings
 
rankings17 of Top 25 PR Firms Grew in Double Digits in 2013
Independent PR firms showed strong growth in 2013.  Eight of the ten largest posted double-digit gains as did nine in the 11 to 25 category and 57 in the complete list of 127.
 
1. Edelman, NY - $734,177,526
2. APCO Worldwide, D.C. - $120,345,400
3. Waggener Edstrom, Wash. - $117,600,000
4. W2O Group, San Fran. - $75,050,000
5. Ruder Finn, NY - $63,249,000
6. MWW Group, NJ - $48,020,000
7. Finn Partners, New York - $44,375,000
8. ICR, CT - $42,445,157
9. Zeno Group, New York - $35,896,998
10. DKC, New York - $32,896,560
 
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