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First Impressions and a Successful Exit

An article on the American Psychological Association website revealed what James Uleman, a psychology professor at New York University and a researcher on impression management, had to say about first impressions.  Professor Uleman said, “You don’t get a second chance to make a first impression(Rowh).”  On a personal level, we understand exactly what professor Uleman meant. …

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Posted in Business Best Practices, CFO Services, Exit Strategies

Are You Ready to Sell Your Business? Here are 9 Questions to Help You Decide

Thinking about selling your company? Many business owners will one day find themselves at the intersection of “to sell or not to sell.” On one hand, selling seems like a good idea but, on the other hand, you don’t have the certainty you need in order to proceed. Whatever your reasons, there are certain things you need to do to be prepared and to maximize the value of your company.…

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Posted in Business Best Practices, CFO Services

Ready For Your Next Banker Meeting? Three Things You Can Do To Be Prepared

When was the last time you met with your banker? If it’s been a while, or you don’t have a banker, you may want to schedule a meeting soon. Cultivating a strong relationship with your bank can be a great asset to your business. Sooner or later, most owners will need to secure a line of credit, finance a piece of equipment, obtain the funds to purchase real estate or otherwise seek assistance from a bank.…

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Posted in Business Best Practices, Cash, CFO Services

What’s Cash Got To Do With It?

The concept of cash flow is often one of the most difficult concepts for small-business owners and entrepreneurs to grasp. Frequently, they focus only on revenue and profits, and while both of these are important, overlooking the amount of cash available is a bit like trying to balance a tripod that has only two legs.…

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Posted in Cash, CFO Services

How to Know It’s Time to Hire a CFO

There was a time when a chief financial officer was responsible for little more than overseeing a company’s accounting functions and reporting financial data to the other C-level executives. Today, a CFO is more likely to be more involved in shaping the company’s strategy for future growth, focusing on the big picture rather than the minute details and serving as a partner to the company’s owner or CEO.

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Posted in CFO Services
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