“A $2 million punch. The average cybersecurity incident at a small- or medium-sized company leads to $2 million of business interruption losses, according to the most recent Ponemon Institute. Yet only 30% of the companies surveyed believe they are adequately prepared...
If you have been following my posts for a few years, you’ve seen this diagram at least once before. It’s the master plan for planning that the best-in-class companies use to drive strategic direction and goal setting. Each year I urge more of our CEO readers to adopt...
Privately owned companies are increasingly recognizing the value of having a formal Board of Directors to help owners/managers navigate the dynamic business world we live in today, to get truly independent thinking and the benefit of a trusted outsider’s...
I have a “side hustle” when I’m not occupied with running the CFO for Rent business; it’s investing in commercial real estate, along with some of my clients and close friends. It’s the business I’ll pursue more fully when I’m no longer offering consulting services,...
Sometimes a company needs a full time CFO, not a fractional one. I can live with that. We are really good at helping mid-sized privately owned companies that need a good slice of a CFO, but we can’t ever be there every day, a requirement for many larger companies and...
I had dinner with a group of friends this week, one of whom is a CEO looking to plan an exit from the consulting firm he built over the last 25 years. Since this group occasionally discusses business issues, we talked about the options and issues our friend will face...
