We have a long-term client that manufactures precision machined products for their customers. One of those customers contributes over 80% of the company’s annual revenues, a situation that has been in place for years. We call that “concentration,” a condition that is...
Every well-run company that is considering making an investment in new equipment, a new facility, upgraded technology, or a new product or development project, considers at some level what return it will earn on that investment. Accountants and analysts will often...
Last year we worked with a client in the furniture distribution business, a successful, rapidly growing company with retail customers across the country and suppliers across the globe. They asked us to help them integrate the financial systems of a company they had...
Spoiler Alert: This is not a techie post about bits and bytes or a new take on AI. It’s about making good decisions when your internal growth requires support from outside your company in an area that is not your area of expertise. And it’s from an actual case...
As an enthusiastic member of the Private Directors Association, I read with interest the solicitations of candidates for director positions across the country and in a wide variety of industries. Often written by search firms who are anxious to diligently reflect...
