A question asked by private company owner/operators – perhaps when they’re asking advice from someone they trust, their banker, lawyer, CPA, or their sister-in-law. It’s not that they don’t think they need advice – OK, for some of them that’s true – it’s just that...
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...
I have written before about my concerns about AI, ChatGPT and the like, and even used it to write one of my posts (with full disclosure, of course). Today’s post goes into more depth about the potential risks from AI, not just from a security standpoint but...
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...
