Category: CFO Services

Is Your Business a Temple or a Tent?

The Jimmy Buffett song, “Fruitcakes” (1994) contains the following lyrics,  “you treat your body like a temple, I treat mine like a tent”. Similarly, I have seen owners of lower middle market companies treat their companies either as just a way to provide a comfortable lifestyle (“tent”) or as an investment to be developed into… Read more »

Do You Have a “Middle Market” Business?

Earlier this month, I completed the Certified Merger & Acquisition Advisor® credentialing program of the Alliance of Merger & Acquisition Advisors® held at the Thunderbird School of Global Management in Glendale, AZ. I especially enjoyed the M&A Overview segment taught by Chris Blees, Managing Partner of BiggsKofford Capital in Colorado Springs, CO. In that segment,… Read more »

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… Read more »

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… Read more »

What Is A CFO And What Does A CFO Do?

Smaller companies (e.g., under 50 employees) may not give thought to adding additional executive firepower to their team given the perceived cost. This is an understandable choice for businesses that want to limit overhead and keep operating expenses low. But in some cases, a business needs the expertise provided by senior level talent in order… Read more »

How to Improve Your Business’s Cash Flow – Part 1

A successful company maintains positive cash flow. As a business owner, it is essential for you to have a solid relationship with suppliers, creditors, employees, and customers. It is key for a small business to have adequate cash available so that things run smoothly and so that you have resources to support growth. There are… Read more »