When do you hire your first CFO?

A recent poll on LinkedIn posted by SBA * Consulting asked this very question.  We even widened the question by including both full-time and part-time (fractional) CFOs. A respectable 1,238 people looked at the poll with a 1.45% response rate (18 votes). While not a very scientific poll, it still says something about the mindset […]

Read More »

Internships aren’t what they used to be

I just answered a post on LinkedIn where a young man was bemoaning the results of his unpaid internships.  The issue the internship didn’t meet his goals; it didn’t further his career. That didn’t bother me, it was the “unpaid” aspect. Internships According to the US Department of Labor, there is no such thing as […]

Read More »

Degrees, Licenses and Certifications  Professionalism

Don’t confuse “credentials” with Professionalism   Today more than ever before, everyone is busy adding post nominals to their names.  College degrees, advanced degrees, licenses, and certifications.  Each is allegedly an insight into their competency and professionalism. Unfortunately, college degrees, licenses, and/or certifications are not the same, especially from a  legal sense. They all don’t […]

Read More »

Proper training of your sales people will increase sales

Why isn’t our sales increasing? For starters, sales people send emails that fall into one of three categories: a) poorly written, b) starting with some lie or c) have nothing to do with my business model. An examination Let’s look at each, and move on to other problems that I find with many sales people […]

Read More »

Modes of communication

Why offer modes of communication, and then ignore them? Contact Point I needed to find a new Vet and reached out to friends who had pets to see who they used.  One of my friends said to speak with the Pet Vet (fictitious company). So I went to their website and the offered three modes […]

Read More »

Guest on CFO-Circle podcast

CFO Circle LIVE Underwritten by High Radius. On April 14thm 2022 I’ll be a guest on the CFO Circle PodCast. Topic covers cash flow and the order cycle. Register today for the free PodCast!

Read More »

Why would you not answer a prospective customer inquiry?

The Setup We recently reached out to several companies to see if they would sub-contract their services to my firm. We anticipated the prospective client not being able to maintain the level of excellence due to oversaturation of current resources. After talking with some people in our network, we found several candidate companies.  We started […]

Read More »

Good Management does not rely on fear

A Concept Piece   Andrea Koppel, a former CNN Correspondent wrote recently on LinkedIn:  We all wear masks nowadays when we’re inside a coffee shop, a restaurant or a store …but some of us have been wearing masks A whole lot longer. When I was fired from CNN in 2007, I wore a mask and […]

Read More »

E-Comm Vendor? Did you price your product correctly?

In today’s cut-throat e-comm marketplace, give-a-ways run amok.  Free shipping, discounts from 5% to 30%, cost-free gift wrapping, overnight shipping, rush orders. You name it, companies are competing with any and every extra service they can think of to win your order. Stop the insanity But all these give-a-ways cut into the gross profit margin.  […]

Read More »