General

Split Pea & Ham Soup

Posted by on December 12, 2011 at 3:24 pm

One of my favorite soups growing up in the Midwest was split pea with ham. My dad was a government worker so we didn’t go all out with food. Mostly the Campbell’s soups. Over the years I’ve tried numerous split pea soups beyond the condensed version. There’s some pretty good ones on the shelves these […]

Battle of the financial guys

Posted by on August 19, 2010 at 9:11 am

Many business owners do not understand the differences between the roles and the value a CFO can bring to the business. Additionally, many business owners do not feel they can afford a CFO, however that is where a part time CFO can help.

Move Over, CEO: The Time Is Right for the Chief Financial Officer to Be a Co-Leader

Posted by on August 18, 2009 at 1:56 pm

Thank you Tracy Houston of Board Resource Services www.linkedin.com/in/tracyehouston for sharing this with me this morning. I see more dynamic equilibrium these days with the CEO and the CFO. When I perform in the part time CFO role, my customers expect me to help them move towards the unity in duality described below. By PHILIP […]

Laying the Groundwork for Growth

Posted by on August 17, 2009 at 2:30 pm

I received this today. Its great that more companies are seeking growth opportunities. Executives surveyed by McKinsey in late July expect their companies to remain financially cautious over the next 12 months, yet they also indicated they are actively seeking growth — and doing so in more ways than they were just six months earlier. […]

8 Tips for Better Cash Management

Posted by on April 29, 2009 at 12:46 pm

Unlock capital, transform your bottom line and safeguard your future in uncertain times.

Cash Flow is Not Important

Posted by on January 10, 2009 at 11:27 am

Cash is the “life blood” that keeps a business operating. Cash flow analysis is not rocket science (well some of it is), but most of the time I find that businesses just don’t spend the time to deal with this. If cash drys up, the business fails. OK, you know that.

Q: Our accountant only does our taxes, what else could they do?

Posted by on January 6, 2009 at 6:38 pm

Our accountants are used only to do our tax returns at year end. Is there something else they could be doing for me? Apparently they have plenty of work to keep themselves busy year-round. But what are they doing that I should be tapping into?

Obama SBA leader favors cabinet status

Posted by on December 17, 2008 at 11:38 am

Restoring the Small Business Administration to Cabinet-level status would be good for small business. Here’s why.

FINANCIAL MODELING

Posted by on December 12, 2008 at 8:25 am

In order for an early stage or emerging company to raise money, it must provide investors with a set of financial projections. Typically, companies will pull together a top-down P&L projection going out for three to five years. This is wholly inadequate. Find out why.

6 Steps to Selling Your Business

Posted by on December 1, 2008 at 9:13 pm

If you’re a typical small business owner, you spend more of your time working on today’s issues than tomorrow’s potential. That may keep the doors open for now, but what about when you’re ready to retire, or no longer have the will or energy to run your business?