Business expenses and employee use of credit cards

Liz Ryan posted an exceptionally good poll about business expenses and employee use of credit cards. Issues were raises from financial inequality between employees and whether they owned a credit card, and if they did, how much credit was available. I, as a CFO, has found company credit cards a disaster, and as I explained I […]

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As CEOs push for office returns, CFOs don’t mind staying put

Published in CFODive Sept 2021 I would expand this to many employees (in general, situations will differ) whose presence in an office isn’t due to logistics (i.e., warehouse), handling actual paper, or individual preference. We’ve also seen a shift toward lower wages for those who will be working remote.  This makes no sense from a […]

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Investor shopping; you need a compelling pitch deck

Businesses are at one point in their life or another looking for new investors. An Investor is looking for good investments. Start-up’s need capital. Therefore, they are looking for seed capital or an “A” round financing. More mature Entrepreneurial companies are looking for further financing. Some are starting to look at that IPO; other is […]

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Revenue Streams: have you ever thought about them?

I was reading an article in CFO.com, titled Services With A (CFO) Smile. It was about revenue streams. It got me thinking. Revenue Streams I cannot remember when a conversation has ever ensued that discussed revenue streams in this context. The differentiation of products and services to obtain revenue at different points in the fiscal […]

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Credit and Receivables: do you manage them or do they manage you?

Receivables and Credit Unless you’re a cash business, you will need to extend credit. How you manage your receivables will determine how much cash flow you ultimately have. When was the last time you calculated your Days Sales Outstanding (DSO)? Have you ever heard of the Collection Effectiveness Indicator (CEI)? I hadn’t until I did […]

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Intellectual Property: Should you protect it?

Intellectual Property (IP) can be the most important asset to your corporation Just ask Kodak, whose management sat on its intellectual property for years. They never knew what it was worth! The question now becomes how you protect your IP. First, you need to determine whether it will be worth something, to some investor down […]

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Quickbooks to Xero, a snap

Moving to QuickBooks If you’ve been using QuickBooks for a while you probably know that the desktop version is very limiting. Even if you “graduate” to QB Pro or make the mistake of going on-line, you still had many technical issues (although credit to Intuit for fixing many, but not all of them). And if […]

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Looking for an Investor or that Exit – start early

So you are looking for an Investor or Exit Business owners, both young and old (by both their age and the age of their businesses) always have an eye on either new investor(s) or a buyer for an exit from the business. Obviously, in any case the business needs to be attractive. The value proposition […]

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