May 18, 2022
RACE INTO THE FUTURE ... WITH A VISION!

By Tom Sponsel, CPA/ABV, CFF
Managing Partner

Most successful leaders not only have an idea of what they want from their day-to-day operations, but they also have a vision for what the company will become three-to-five years down the road.

A leader with a crystal-clear, long-term vision can win over the toughest crowds. 
SPEED IS THE KEY TO SUCCESS

By Eric Woodruff, CPA, CCIFP
Partner, Director of Audit & Assurance Services

Indy 500 winner Mario Andretti once said: "Speed is relative. You have to live it. You can't just jump into it. You have to live it all the time." The same goes for business owners, especially in today's ever-changing and challenging business marketplace.

With social media, texting, Zoom and businesses like Amazon delivering products to your door the same day you order them, people expect things quickly. And although current labor shortages and supply chain disruptions may slow down your delivery systems with customers, you must remain vigilant in communicating with them in a timely manner.
GOING THE EXTRA MILE BY GIVING BACK

By Erika Dudley
Staff Accountant, Tax Services 

A successful business doesn't merely have a high profit margin. It also reaches a high level of respect and acquires new talent by giving back to the community. 

A study from the research firm, Great Place to Work, "revealed that giving back is associated with greater employee retention, higher levels of brand ambassadorship on the part of workers and more enthusiastic employees."

EMPLOYEE SPOTLIGHT: BILL BARKS

Bill Barks joined the Sponsel family in the fall of 2016, stepping in to serve as the Director of Retirement Plan Services.

Bill graduated from Indiana University with a degree in accounting, and has previously served at several public accounting firms in the Indianapolis area at the manager and partner level, heading up the employee benefits unit. For more than three decades, he has built strong relationships with clients, providing executive-level counsel and solutions to sponsors of retirement plans. He assists organizations with the design, implementation and administration of qualified retirement plans including profit sharing plans, 401k plans, cash balance/hybrid plans and cafeteria plans, as well as nonqualified retirement plans.
Tom Sponsel Family Recognized for Community Contributions

On Monday May 9 at the Perry Township School Board meeting, the Perry Township Education Foundation (PTEF) honored the Tom Sponsel Family for its 30+ years of continuous contributions to the Perry Schools and its many affiliates in a variety of ways. Tom and his wife, Barb, were there along with their son, TJ, and daughter, Natalie.

It was stated that night that they were recognized as an example of a Perry Community family that has served the Perry Schools in a variety of ways over a very long period of time and are continuing that to this day. Tom and Natalie continue to serve on a few Perry Boards and Committees.
The Sponsel Team at
Best Places to Work Awards
The Sponsel team was proud to attend the Best Places to Work in Indiana Awards dinner last week at the Indiana Convention Center. The firm is one of the 125 winning Indiana companies and one of the 53 companies within the Small Company Group (less than 75 employees). Sponsel continues to stand tall, even as 40 new businesses made the list this year.