Canton, MA (June 25, 2025): Gray, Gray & Gray, LLP, an accounting and business consulting firm based in Canton, MA, has been included among the 100 largest privately held companies in Massachusetts by the Boston Business Journal. The firm is ranked 99th with annual revenues of $38 million. Earlier this year, Gray, Gray & Gray […]
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By James A. DeLeo, MBA, CPA/MSTGray, Gray & Gray, LLP When working in the entrepreneurship through acquisition (ETA) space, search fund investors and operators face countless critical decisions during the deal process. Among these, understanding and accurately analyzing working capital stands as one of the most consequential, yet frequently misunderstood, aspects of a successful transaction.
The Importance of Working Capital Analysis in Search Fund Transactions Read More »
By Nathaniel C. Gravel, CISA, CISM, CRISCGray, Gray & Gray, LLP Simulated phishing has become an essential component of comprehensive security training programs. This practice isn’t just for enterprise-level organizations – businesses of all sizes can and should implement phishing simulations to strengthen their security posture and meet compliance requirements. Understanding Phishing and Its Dangers
How to Use Simulated Phishing in Cyber Security Training Read More »
By Nathaniel C. Gravel, CISA, CISM, CRISC Gray, Gray & Gray, LLP In today’s digital-first business environment, cyber risks are no longer a matter of “if” but “when.” For business owners, CEOs and CFOs, the stakes are higher than ever. A single cyber incident can disrupt operations, erode customer trust and result in significant financial
Creating a Business Continuity Plan to Mitigate Cyber Risks Read More »
As a business owner, do you often find yourself trapped in reactive mode – putting out fires, chasing immediate revenue and managing day-to-day operations without stepping back to see the bigger picture? While this approach might sustain short-term survival, it rarely creates the foundation for sustainable growth and long-term success. The solution lies in conducting
The Hidden Growth Engine: Why Every SMB Needs a Comprehensive Business Assessment Read More »
Growing businesses in need of enhanced financial management and direction can fall into the trap of confusing the roles of Controller and Chief Financial Officer (CFO). They are not the same. While both positions are integral to financial management, they serve fundamentally different purposes within an organization’s structure and strategy. Understanding the Strategic CFO Role
What’s the Difference Between a CFO and a Controller? Read More »
A well-structured transition ensures that the entrepreneurial spirit, hard work and values and traditions of the founding generation are not lost By Martin D. Kirshner, CPA, MSAGray, Gray & Gray, LLP Table of Contents As the Baby Boomer generation approaches retirement, a significant amount of wealth is poised to be transferred to the younger generations.
8 Strategies For Effective Wealth Transfer In A Business Succession Read More »
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By Richard Frizzell, CPA, MSA Gray, Gray & Gray, LLP Revenue recognition, while a seemingly technical accounting concept, has far-reaching implications for search fund operators. As searchers evaluate potential targets, the revenue recognition policies in place can significantly impact not only reported financial performance but also the underlying valuation of the business. Understanding these nuances
Revenue Recognition Policies and Their Impact on ETA Valuation Read More »
Canton, MA (May 14, 2025): The Boston Business Journal has ranked Gray, Gray & Gray, LLP, an accounting and business consulting firm based in Canton, MA, as the 42nd fastest growing private company in Massachusetts in its 2025 Fast 50 list. The BBJ Fast 50 list was selected and ranked based on total revenue growth from 2021
Boston Business Journal Ranks Gray, Gray, & Gray #42 on Fast50 List Read More »