This question still comes up regularly: Should we lease or buy the equipment we will need next year? Often this is simply a cash flow question. But about half the time the questioner is actually asking which method is least expensive. So here’s the answer(s). #1...
I had an exciting experience this week! The founder/CEO of a company that we are helping to return to profitability after a COVID collapse asked me to help him learn how to read the Statement of Cash Flow, so he could better manage the relationship between net profit...
Do you really have enough cash? Let me be more specific: Do you really have enough cash for some unexpected horrific event in your industry? Hertz Corporation, a household name for decades to business travelers, filed for Chapter 11 bankruptcy last year when the...
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...
This series started with the question: Do you want to have more financial control of your company? If you’re still reading I’m guessing you liked what you’ve read so far and want to know more. This is the place. Once again, the big idea: you can quickly assess your...
