Flip side of the economy: Great time to upgrade key finance staff
Q: What is an acceptable ratio of pledges paid to pledges promised? A: The only good answer is: better than …
Q: When we add hard costs and soft costs (staff time) some of our special events don’t make money at …
Q: We’ve been told fund raising starts with planning. We don’t have a strategic plan. How can we get started …
I have never met a CEO who could read a statement of cash flow. What a shame! Why? Because if …
It's interesting how some companies make decisions. A big bank prospect of ours wanted to hire us to put on …
Every once in awhile you get a graphic example of greed that everyone can see in plain sight. This example …
I’m guessing you’ve not read about this little tax sweetener in your local business newspaper, so here’s something to discuss …
My long-standing best selling book, “Finance for NonFinancial Managers,” hit #31 on Amazon’s list of best selling Corporate Finance books recently, …
Whether you simply refuse to struggle through one more recession or simply feel that it’s time to wrap it up, your exit is a life event with a bewildering array of options. Assuming you’ve built a business that has real staying power, you could sell it to your employees through an Employee Stock Ownership Plan (ESOP) or transfer it to your children to carry on as a family business. However if your retirement fund is essentially the business, you may want to know that it will produce the cash you will need for the next 10, 20 or more years. And that likely means selling the business to outsiders who will pay cash for it rather than giving it to the kids and hoping for the best.
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