I’m sure you’ve heard the statistic that half of all restaurants will close within the first three years of opening. In fact, new and exciting concepts are generally started by a chef or restaurateur, but often not by a business person. The systems for running these operations are virtually non-existent, which isn’t really a problem …
Category Archives: Blog
22
Jun
Jun
Options to fund a business range from family and friends to banks to institutional capital and business owners are best served by understanding the advantages and disadvantages of each option before making this decision. Read more below for tips on navigating this process effectively. Overview of the Stages: Even though every company has a timeline, …
09
Jun
Jun
What kind of long-term incentive plan should your business have? vcfo breaks down best practices to avoid employee turnover and how to encourage your employees to reach new goals by using long-term incentives and benefits. The Guide to Long-Term Incentive Planning Whether you’re seeking to keep good employees in a tightening labor market or desire …
22
May
May
“Do I need a CFO?” This question pops up casually at almost every lunch or event I attend. And it’s not surprising for CEOs with good controllers and accounting managers to struggle with it. The lines between unique skill sets are blurred in many companies; however the differences are important and should not be overlooked. …
11
May
May
According to a survey conducted among members of the LinkedIn Forum for International Expansion, the number one problem for companies expanding to new international markets was not knowing where to start or which questions to ask. Are you in the same place? Read more about important considerations for companies thinking about moving or expanding to …
07
Mar
Mar
Where in the past a personal introduction, solid resume and winning interview might land that dream position, today’s job search demands that job seekers also have a carefully curated personal brand online. Recruiters and hiring managers are turning their attention online to not only find top talent, but to vet them as well. In fact, …
23
Feb
Feb
When business owners call on consultants, they are often excited to jump straight into strategy or tactics for a project or process. After all, time is money and most business owners are motivated, action-oriented people. But the reality is that business owners and their leadership teams are usually going a million miles per hour, which …
16
Feb
Feb
With 2017 still new and full of possibility, we thought it was the perfect time to revisit some of our most helpful webinars from recent years. Whether you need winning ideas for a big upcoming pitch or want to brush up on your budgeting basics before diving into the year’s financial planning, you’ll find valuable …
07
Feb
Feb
In the Pacific Northwest, craft beers, microbrews and local wines are highly celebrated and sought after. But if you work in the business then you know that local enthusiasm doesn’t make the brewing or winemaking business in Washington state or Oregon easy by any means. This post explores some key trends that are shaping business …
02
Feb
Feb
In our practice, we often talk with companies that are seeking investment and/or debt. Many of these companies have an accounting manager or controller that has been assigned the job of talking with a potential investor or lender. And many of these conversations do not result in success in the endeavor of acquiring the debt …