In recent weeks, the “R” word has been cropping up more frequently among economist and pundits when discussing the U.S. economy. I’m talking, of course, about recession. Now is a good time to take a proactive stance and begin preparing for a recession with contingency...
CEOs of startup businesses have a million different things to think about. Whether it’s keeping the sales pipeline full, hiring and retaining talented employees, maintaining a healthy cash flow or keeping costs in line to ensure profitability, there’s no shortage of items on the startup...
It’s not uncommon for mid-sized businesses to hire management consultants to help meet particular challenges. For example, a management consultant could help analyze new markets, opportunities, products and services, and acquisition targets.
Management consultants can even help develop core strategy, mission and values. But before hiring...
In a new startup business, the CEO faces a wide range of different challenges and often has to wear many different hats by overseeing every area of the business — finances, operations, sales, marketing, HR, you name it. Or as some startup CEOs have put...
The world of accounting and finance has its own set of terminology, lingo and acronyms. One of the most common is the acronym EBITDA, which stands for Earnings Before Interest, Taxes, Depreciation and Amortization. EBITDAM is a variation that brings multiple benefits.
Practically speaking, EBITDA is...
“Go big or go home.” This has become a popular catch-phrase lately, encouraging people to think and dream big instead of settling for small wins that fail to move the needle on their business initiatives.
Many middle-market business owners and CEOs could benefit by taking the...
When investing in or acquiring businesses, interested parties often want to see financials presented as segment reporting with results broken out by business segments and operating units. This gives them greater clarity regarding the financial performance of specific segments, divisions or subsidiaries, which can help...
When selling a closely held business, one thing that’s sometimes overlooked by owners and CEOs is their company’s quality of earnings. Because when it comes to corporate earnings, they aren’t all created equal.
The most common measurement of corporate earnings is an acronym referred to as...
One of the biggest challenges mid-sized businesses face when searching for a CFO partner is differentiating between providers of CFO services. The idea of working with a CFO partner has become increasingly popular among mid-sized firms. As a result, there are many more companies and...
A growing number of mid-sized businesses are bringing in an external CFO to help them meet a wide range of financial and operational challenges. When utilized properly, an external CFO will provide high-level strategic planning and business management that can increase shareholder value by improving...