Category Archives: Finance Consulting

A CEO’s Thoughts on CFOs and Financial Talent

I have been a Chief Executive of private and public companies for over thirty three years. I am just now starting to get the hang of it. Along the way, I have learned a few things that I wish I had learned earlier in my career. You can rarely afford the financial talent you need …

Internal Fraud: A Case Study in Recovering from Disaster

Louise Tieman shares an internal fraud case study on proformative.com. This is the tale of the kind of fraud disaster that keeps CFOs up at night–and makes CEOs physically ill. This is the kind of fraud disaster that shutters the victim company most of the time. Like most internal frauds it was also completely preventable, though that …

Shopping Your Insurance Carrier (and Your Broker)

He’s the most personable guy in the world. He always wants to take you to play golf or to baseball, basketball, football or hockey games. But does he really work hard to get you the best coverage at the best price, or is he more interested in playing golf? Who does he work for really? …

Processes and Systems Save the Day

In an earlier post, “Do you “really” know your financials?”, you might remember the story about how the company thrived and managed their risk so as to not be significantly threatened by the recession. There is more to this story when you look “under the covers” of what really went on… A key element of …

The Top 10 Points to Consider When You Outsource CFO Services

As trusted advisors to CEOs and management teams, vcfo relies on a unique platform of industry best practices and proven methodologies to help solve the most complex operational business issues. Based on our experience working with more than 3,000 clients, we’ve developed a “Top 10” list we share with organizations looking to outsource CFO support. …

Exiting Your Business?

Having worked with a substantial number of privately held companies in the past, the topic of ultimately selling the business is one that typically comes up when the owner is starting to think about retirement. In fact, however, the preparation for this ultimate event should have probably been started years and years ago. Be that …

Great Internal Systems = Reduced Risk = Proactive HR & Accounting Departments

When was the last time you took a good look at your internal software systems? As a human resources consultant, I frequently talk to companies that say they are not happy with their current payroll or HRIS (Human Resource Information System). They complain about: no reporting or insufficient reporting, too much time spent on data …

Do you “really” know your financials?

There is no better example of risk management than that of a Seattle heavy manufacturer who approved its annual budget in May 2008 and was ready for another banner year.  With five offices in three states and both domestic and foreign production, it supplied the construction industry for commercial and residential building. Despite the state …

What you need to know about crowdfunding

While attending a recent “CrowdFund Texas” event, I was struck by the level of interest for this new platform to raise capital funds. At first look, it’s easy to see why. Companies now have an opportunity to pitch their ideas and investment requests to the world online through dedicated crowdfunding sites, therefore greatly expanding a …

What is the basis for your capital need?

vcfo supports quite a number of companies that are looking to raise equity capital for their business. More times than not, there is very little basis for the dollar amount of the equity capital to be raised. Today’s capital markets are very difficult to begin with, so the more precision you can have around how …