Category Archives: Finance

Sharing the Results with Everyone

As managers we sometimes forget that we may be the only ones who really see the whole picture of the company operation. Communicating company performance to internal teams is an important key to setting a course for your growing business, and also to minimize deviations from that path. The best way to communicate and leverage …

Maximizing the Expat Experience

In 1995 I started my international career with my first posting in the UK. Eight countries and 13 years later I returned home to the USA. Whether companies relocate employees abroad or they recruit employees from abroad, they are essentially making a large investment in that individual. In return they are looking for that employee …

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 …

The Funding Process of a Start-Up

Which do you prefer: 100 percent of nothing, or 17 percent of $2.6 billion? From the beginnings of an idea to the IPO, a start-up experiences multiple stages throughout its lifecycle. In particular, funding is a major make-it-or-break-it point for start-ups, especially for those entrepreneurs unable to see the value in sharing ownership of the …

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 …