"Growth is Good " – We understand your problems. – Are you ready for the solution?
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 […]
Read More »Why do sales people insist on sending emails where they use such obvious lies. Do you they really think we’re that oblivious? Case in point, Tripactions.com sent me an email that say they are following up on my recent interest in their solution. I can tell you I’m not the least interested in what they’ve created and […]
Read More »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 […]
Read More »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 […]
Read More »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 […]
Read More »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 […]
Read More »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 […]
Read More »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 […]
Read More »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 […]
Read More »It’s Tax Season… It has always amazed me how people complain about paying taxes but are more than happy to give loans to the government interest free loans. I really wish people and banks did the same for me, interest free loans. Interest Free you say? The US Government requires individuals to pay by January […]
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