Strategic Planning is Imperative to Managing through COVID-19 COVID-19 and the draconian, oftentimes bungled measures taken to mitigate its impact have brought unprecedented challenges to businesses; challenges that they hopefully will never have to face again. While the PPP and Main Street Lending Program have been a lifeline for many, more recent legislative advances signal …
Category Archives: Finance
15
Apr
Apr
On Wednesday, April 15th, 2020 vcfo partnered with the Austin Chamber of Commerce to host the first-ever Business Workshop webinar. Ellen Wood, vcfo President and CEO and Bobby Jenkins, President of ABC Home & Commercial Services discussed protecting your cash and your people during the COVID-19 crisis. The discussion was moderated by Hahn Public Relations …
15
Apr
Apr
Community Impact contacted vcfo team members for their expert opinion about how COVID-19 emergency funding is impacting startups, including insights from several vcfo Finance Consultants – Donna Zinsmeyer, Russell Naisbitt, and Kendall Pace. Read the full article here.
13
Mar
Mar
As we reflect on financial management considerations for SMEs, Ashford Chancelor – Practice Manager and Consulting CFO in our Dallas market – provides insight on maintaining competitive awareness. You can read the full article from Mario Peshev, CEO of DeriX, on LinkedIn.
10
Mar
Mar
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 …
06
Mar
Mar
Due diligence is often viewed as the collective assessment checkpoints associated with transactions like mergers and acquisitions or funding endeavors. While these are certainly common pairings, due diligence can also be extremely helpful in assessing the overall health of a business and other factors. Essentially, due diligence is defined as “the investigation or exercise of …
21
Feb
Feb
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 …
06
Feb
Feb
For public companies, having a board of directors is both essential and required to protect shareholder interests, weigh key actions, and support well-informed decisions. While private companies don’t have the same requirement, a board of advisors or directors can nonetheless be just as helpful and important to maximize business success. However, forming a board that’s …
10
Jan
Jan
The characteristics embodied and exemplified by great finance, HR, and recruiting consultants are, in large part, the same characteristics demonstrated by great consultants of any type. For CEOs and other business leaders who determine it may be necessary or valuable to bring in external consulting expertise to their organization, it’s important to consider these characteristics …
13
Dec
Dec
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 …