Author Archives: vcfo

Preparing Your Business to Weather the Virus

This post was co-authored by Jerry Pinataro, Senior HR Consultant, and Regina Walters, Consulting CFO. As COVID-19 spreads within the U.S. borders, companies are taking immediate action to protect their employees and sustain business operations as much as possible. Being proactive and planful is the best policy and so much is unknown with a virus …

How to Evaluate and Optimize Your HR Function

This post was co-authored by Senior HR Consultants Teresa Foltz and Kelly Wells. At the point of launch, most companies and the leaders that run them can understandably focus only on the barest of essentials while they gain footing. This is an inherently healthy focus, but it can also lead to risky rationalizations that what …

Determining the Right Funding Source for Your Business

Funding for your business can originate from a number of different sources, including family and friends to banks and institutional capital, so it serves business owners well to understand the advantages and disadvantages that accompanies each of these funding options prior to deciding which to pursue. It is common for business owners and leaders to …

Why Organizations Need and Benefit from HR Mentoring

The Benefits of HR Mentoring

Finding and hiring great talent is a near-constant priority for leaders of growing companies. And while attracting the right people to one’s business is crucial, it’s equally important to have a strategy in place to retain and grow employees in a way that maximizes their contributions as well as their satisfaction and professional development. Leaders, …

Someone Wants to Buy Your Business

Three Key Considerations One of the clearest signs that your business is successful and is seen as having definitive upward potential is when you receive an offer from a competitor, holding company, or business in an adjacent market inquiring about your willingness to sell. If divesting yourself of the business is not a primary near-term …

Adopting a Strategic HR Focus at Year-end

HR-Year-End-Blog-Image

Like most organizational functions, Human Resources entails a variety of deadlines and milestones for initiatives and actions throughout the year. Naturally, the year-end period is no different. But for some leaders, a focus on checking tactical HR items off the list during this time can mean insufficient attention paid to charting the broader strategic direction …

How Workplan Analysis Can Strengthen Your Business

As leaders consider how to make their businesses stronger, answers to important questions and decision points are not always obvious. A wide range of internal and external factors can contribute to this cloudiness and diminish leaders’ trust that they’re charting the best paths. Workplan Analysis is an effective tool for bringing greater clarity and confidence …

Do I Need a CFO?

Some form of the question, “Do I need a CFO?” surfaces in the course of conversation at a very high percentage of the lunches or professional events our vcfo consultants attend with business leaders. It’s a pivotal and not surprising question for CEOs to struggle with, especially when they have solid controllers and accounting managers …

Best Practices for Long-Term Incentive Planning

Written by Kelly Wells and Teresa Foltz Many elements go into the formula for attracting, retaining and developing the right talent for your organization. In assessing how you’re doing across each of these elements, one of the questions you’ll undoubtedly want to explore is “What kind of long-term incentive plan should our business have in …

The Rise and Impact of Paid-Sick-Leave Laws

The Rise and Impact of Paid-Sick-Leave Laws

By Teresa Foltz and Kelly Wells Originally published August 5, 2019. Paid-sick-leave mandates for private employers continue to gain momentum across the United States. While there is presently no such mandate at the federal level, eleven states and even more individual cities (as of the date this post was published) have enacted some form of …