There are two primary ways that CEOs and CFOs can grow their businesses. One is by increasing sales, a strategy that is often referred to as internal or “organic” growth. The other is by buying or acquiring another business. One way to think of these two growth strategies is as...
Since officially emerging from recession more than three years ago, the U.S. economy has struggled to maintain much momentum, mostly limping along at a below-average growth rate. Unemployment has also remained stubbornly high, hovering around 8% nationally and remaining above 10% in California since early 2009. All of this has...
Healthcare has obviously become a hot-button topic over the past couple of years. The controversial Affordable Care Act passed in 2010, but if anything, this stirred up the healthcare debate even more, with Republicans vowing to “repeal and replace” the Act if they regain the White House and Congress. While...
In a recent article, we talked about the pros and cons of taking a company public via an initial public offering, or IPO. The allure of an IPO can be strong, as it may represent the chance to cash in on a lifetime of hard work spent building...
In the business world and in everyday life, the mention of debt often carries negative connotations. However, in actuality, debt is one of the best methods of managing your finances and increasing your company’s wealth. It is not, as many people think, a burden that lowers a business’s capacity...
There’s no question that the allure of an initial public offering (or IPO) for CEOs and CFOs can be strong. Going public may represent the chance to cash in on a lifetime of hard work spent building a company, or to raise a large amount of capital to...
There can be both tremendous rewards and tremendous challenges in running a family business. Many CEOs appreciate and value the opportunity to work closely together with family members in building an enterprise that can be passed on to future generations. In addition, family members who work together sometimes draw...
In our last article, we talked about how in a sluggish economy like the one we’re now facing, companies may be at an increased risk for internal fraud and embezzlement. When times are tough, it’s easier for some employees to consider perpetrating acts of fraud against their employer that...
A sluggish economy like the one we’re now facing has many potential repercussions for businesses: slower sales, less revenue and lower profits, to name just a few. Another one that doesn’t always occur to CEOs and CFOs is a higher potential risk of internal fraud and embezzlement. When times are...
In our last article, we talked about debt as one of the two main ways that businesses can receive an outside cash infusion. The other way is by selling ownership shares in the company to outside investors, which is known as equity financing. Debt financing is simply a loan, usually...