This article is in collaboration with panelists from the May 2022 Houston TEI Presidents’ Forum Focused Breakfast. Below is a summary of the discussion points from all professionals on the ‘M&A: Preparing for Sale‘ panel. Feel free to reach out to us at vcfo or the other panelists in an effort to get ready for …
29
Apr
Apr
This article was co-authored by Ellen Wood, President & CEO of vcfo, and Paul Hagerty, Senior HR Consultant in vcfo’s Dallas market. Eleven Factors Supporting Employee Retention Through Reduced Turnover Finding and retaining new talent has become incredibly difficult, time intensive, and costly for businesses. This is especially the case given that the unemployment rate …
06
Apr
Apr
Business author and icon Peter Drucker is famously quoted for saying that “culture eats strategy for breakfast.” Still, in some organizations, strategy nonetheless garners a great deal more attention and energy than company culture does. To be sure, even the most sound and well-articulated strategies will fail or never live up to their full potential …
31
Mar
Mar
Engaging a virtual or fractional CFO as an outsourced resource is an excellent step for companies that need senior-level finance expertise but cannot afford to recruit or engage a full-time CFO. It’s important to ask the right questions to set the relationship up for success. Through our work providing teams of CFOs, controllers, and HR …
04
Mar
Mar
Financial Forecasting Best Practices – 7 Tips for Success Financial forecasts are critically important planning tools. In creating the forecast, research into the profitability of current operations and areas of potential expansion are essential to success. Management teams may be working very hard but challenged to make optimal operational decisions without well-defined goals and objectives. …
17
Feb
Feb
From the Recruiting Desk at vcfo Have you ever wondered if a company received your job application? Do you wonder if your application has been lost in hustle? Is someone actually reading through your cover letter and resume that you carefully created? Here, we’ll discuss what actually happens after you submit a job application and …
03
Feb
Feb
When I served as a panelist for the webinar, “Budgeting Basics: How to Build a Strong Budget,” we discussed a variety of topics, including how budgets affect profitability, when to start building next year’s budget, planning frameworks and the company stakeholders who need to be involved in the process. One vital aspect of budgeting is …
27
Jan
Jan
The Perils of Inflation Since our formation in 1996, vcfo has helped our clients through a number of booms and busts (.com, semiconductors, Real Estate, Energy, etc.), total economic melt downs, (2000, 2008), terrorist attacks, pandemics (bird flu, swine flu, coronavirus), natural disasters (fires, earthquakes, hurricanes and floods), and geo-political tensions and disruptions. Now, our …
21
Jan
Jan
Creating an Exceptional Employee Experience in 2022 We’ve all seen the signs – reduced operating hours due to staffing shortages, big incentives for prospective new employees, widened advertising for job openings, and more. The employee scarcity and fierce labor market that many hoped would go away as the pandemic entered a new phase does not …
20
Dec
Dec
Civil discourse has all but disappeared in recent years. We now live in a time of hyper- partisan positioning and blame. Media sources and politicians alike pump out biased information in the quest for ratings and personal gain at the expense of good decision making focused on the best interests of our communities and nation. …