Jul 13, 2018 | Controller for Rent™, Entrepreneurs and Business Owners, Finance Mentoring, Non-Profits |
In a recent presentation by an economist from the Federal Reserve Bank in San Francisco, I learned their carefully studied view of the economy over the next couple years, particularly as it impacts your ability to hire and keep good workers. The news was not great for...
Jun 25, 2018 | Controller for Rent™, Entrepreneurs and Business Owners, Finance Mentoring |
This note is for the personal tax planning of our clients and friends. With the passage of the new tax law, the interest expense you pay on any home equity line of credit (“HELOC”) is no longer deductible on your federal return. However you can carry up to...
Nov 22, 2017 | Controller for Rent™, Entrepreneurs and Business Owners, Exit Strategies, Finance Mentoring, Non-Profits, Uncategorized |
Mark Olson, one of our seasoned CFO contractors and an experienced CPA, had a horrible experience recently when his ID was duplicated and used to defraud him out of thousands of dollars. How his long-time bank, Wells Fargo, dealt with it was so wrong and so...
Oct 3, 2017 | Controller for Rent™, Entrepreneurs and Business Owners, Exit Strategies, Finance Mentoring, Non-Profits |
New update on my foundation book, Finance for Nonfinancial Managers, 2nd Edition. A few months ago Amazon ranked it (based on sales on their site alone) among their best sellers on managerial accounting and textbooks on finance and accounting. (It’s used in...
Sep 21, 2017 | Controller for Rent™, Entrepreneurs and Business Owners, Finance Mentoring, Non-Profits |
I recently saw some statistics on the second quarter 2017 business bankruptcy filings in the United States, by industry and compared to the years since the Great Recession. The good news: business bankruptcies as a whole are way down, a function of an improving...
Sep 6, 2017 | Controller for Rent™, Entrepreneurs and Business Owners, Exit Strategies, Finance Mentoring, Non-Profits |
True Story: A company mailed a check to one of its suppliers in payment for services. The check never arrived. The company placed a stop payment order on the check and issued a new one, which was cashed by the supplier in the normal course. All good? Not quite. Seven...
