An area of manufacturing that has seen dramatic ups and downs over the past few years is aerospace. Commercial aircraft orders fell during the pandemic as people stopped traveling. Then everything opened up again and people started traveling even more than before the...
A friend and I were discussing our respective investment approaches this week. He is happy with having a lot of cash in safe investments such as CDs and money market funds earning around 5%, a position with which I agree. He also holds marketable securities for which...
One of the ways I try to make a difference in the world of business is by serving on boards of directors, both fiduciary and advisory, for privately owned companies and nonprofits. A year or so ago I raised the issue of cybersecurity for one of our larger...
Many companies have come out of the pandemic/inflation/fed counterattack in a great position with more cash on their balance sheets than they expected, or needed, to run their business effectively. For some, that comfort has led to complacency, letting the cash sit in...
We have a client that does manufacturing for a very large aerospace company, almost exclusively under multi -year contracts that guarantee a steady flow of work – at fixed prices during the life of the contract. That contract is currently in negotiation to be...
As we urge every CEO and business owner to do, we compare actual results with the projections the client made at the beginning of the year, whether it’s a formal budget with staff accountability or not, and we ensure a discussion with management follows. Even without...
