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 »
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 »
By James A. Donellon, CPA, MSA Gray, Gray & Gray, LLP For search fund operators and entrepreneurs through acquisition (ETA), few financial metrics carry as much weight as EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization). This metric serves as the foundation for business valuation, particularly in the lower middle market where most search funds
Understanding EBITDA in the Search Fund Context Read More »
By Richard Frizzell, CPA, MSAGray, Gray & Gray, LLP Selecting the right accounting firm represents a critical decision for a search fund entrepreneur. A well-chosen accountant not only ensures regulatory compliance but also adds significant value during your search process, transaction phase and post-acquisition operations. With the unique challenges that searchers, from raising capital to
Key Considerations in Choosing the Right Accounting Firm for Your Search Fund Read More »
By Kelly A. Berardi, JD, LL.M.Gray, Gray & Gray, LLP In the entrepreneurial landscape, search funds have emerged as a compelling path for aspiring business owners to acquire and operate established companies. As search fund activity continues to grow, entrepreneurs and investors alike face critical decisions regarding fund structure and tax planning that can significantly
Structuring and Tax Efficiency for Search Funds Read More »
Canton, MA (April 1, 2025): Gray, Gray & Gray, LLP, a business consulting and accounting firm serving the heating oil and propane industry, has launched its 34th annual Energy & Propane Survey. The survey can be completed online at: https://www.gggllp.com/energy-survey-2025. Deadline for submission is June 17, 2025. Results are expected to be released in September.
2025 Gray, Gray & Gray Energy & Propane Survey Now Available Read More »
Canton, MA (March 31, 2025): Gray, Gray & Gray, LLP, an accounting and business consulting firm based in Canton, MA, is marking its 80th anniversary in 2025. The firm was founded in Boston, MA in 1945 by brothers Robert, Milton and Mervin Gray – the first brothers ever simultaneously elected to membership in the American
Gray, Gray & Gray Celebrates 80th Anniversary Read More »