Category: Financial Consulting

Digital Commerce

For decades, the consumer landscape has been dominated by eCommerce. Let’s define cCommerce as the use of the internet for the buying and selling of products and services. But increasingly, the landscape has been trending toward something called digital commerce. Digital commerce may sound like a synonym for eCommerce, but the two are meaningfully different.…

Online Banking Shifts to Digital Banking: What This Means for Bank Revenues

Digital banking has been steadily gaining market share over the past decade. However, in 2020, the adoption of digital banking grew exponentially. The pandemic caused banks to limit branch hours. Not only that, many people were hesitant to use cash in transactions for fear of infection. This caused a major shift in banking habits. People…

Big 8 Accounting Firms

In today’s world of massive accounting firms, most people are familiar with the elite at the top. The four largest globally are known as the “Big 4”. But have you heard of the Big 8 Accounting firms? What you might not be so familiar with is the history of how the Big 4 ended up…

Economies of Scale

Economies of scale are talked about often in the world of investing, private equity, and consulting. More and more businesses face pressure to grow into the global marketplace if they hope to survive. But what exactly are economies of scale? Are they something every business has to worry about? Should businesses be pursuing economies of…

Capex vs. Opex

At some point in your business career (hopefully sooner rather than later) you’ll find yourself wondering – what is the difference between capex vs. opex? Whether you want to run a business yourself, understand how a business you work for operates, or advise executives on ways to improve their operations, understanding these terms is a…

Big 4 Audit Clients

Big 4 audit clients are what arguably make the largest audit companies in the world worth working for. These companies, as you may already know, are Deloitte, PwC, Ernst & Young, and KPMG. A staggering 100% of the Fortune 500 are audited by one of the Big 4 accounting firms. Talk about market domination! Each…