With the current uncertainty in the market, have you taken steps to prepare for various contingencies? Are you confident in your plan? The following articles from our consulting team may be helpful to you as you review your own checklist: How to Fight Inflation: 14 Tips for Business Owners Inflation remains high despite the best …
Tag Archives: entrepreneurship
30
Mar
Mar
Building Blocks and Best Practices for Driving Business Value Business valuation is not an original or uncommon topic. It is, however, one that business owners and leaders should be far more focused on and reminded of often. That’s because many who start a business don’t always fully consider business value when developing their original strategy …
17
Mar
Mar
How Attention to Inventory Can Make or Break Manufacturers A major factor in determining the success of a manufacturer is how well it manages its inventory. When manufacturers have too little inventory, they can’t fully meet customer demands and lose out on revenue as a result. When manufacturers have too much inventory, they trap cash …
02
Mar
Mar
Challenges Faced by Professional Services Firms (and How a Strategic CFO Can Address Them) Professional services firms are unique entities. For them, hard assets like inventory, furniture, and machinery which are common in many businesses, are relatively few. Instead, their assets are their people. Some may think that makes financial management and strategic planning in …
23
Jan
Jan
This post is authored by Rainee Busby, a Certified EOS Implementer® and Franchisee with EOS Worldwide. Since 2015, she has implemented EOS® in over 70 organizations delivering 350+ full day sessions. Five Key Aspects of Accountability in Your Business Inflation issues and supply chain woes aren’t going away anytime soon. To manage effectively, minimize negative …
30
Sep
Sep
This post is co-authored by Carter Freeman and Mike Wilfley. As vcfo celebrates 25 years of making companies stronger, we also celebrate the new and emerging entrepreneurs and leaders that continue to start and build the businesses of tomorrow. Being a firm of this age, comprised of professionals with deep careers at the highest leadership …
05
Aug
Aug
The Evolution and Elevation of Corporate Philanthropy Corporate philanthropy has evolved immensely over the past few decades. Our recent conversation with three CEOs adds light to this shift and provides helpful insights to others that are looking to weave philanthropy more tightly into the culture of their companies. Below, we share the corporate philanthropy experiences …
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 …
10
Jul
Jul
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 …