Tag Archives: financial consulting firms

Cash Preservation

Cash preservation is typically a top of mind concern for any business. Having provided CFO consulting for many start-ups and growing businesses, I’ve seen this be particularly important. In many cases, a course of action has a different result from a cash flow perspective than a profit perspective. A decision may make sense from a …

Complexity vs. Simplicity: Knowing the Audience for Your Valuation

The world of finance and valuation, in particular, can be intimidating. Whether it’s the valuation of common stock for your personal portfolio or the valuation of a mid-market company with diversified operations generating $50 million in revenue, each analysis has one common goal: turn inputs into outputs. Period. Nothing more. Nothing less. The rise of …

The Next Banking Crisis

Following the last financial crisis, the focus on the safety and soundness of banks was good for the financial system. New bank liquidity and capital policies, among other things, strengthened a weakened system. The banking system today is stronger, with more assets and better loan underwriting standards. Despite good intentions, however, these rules, that were …

How Timely Referrals Help Struggling Companies

In the restructuring business, many of our assignments come through referrals. During 2015 we were able to assist a number of companies because a trusted advisor to the CEO or owner suggested that they might need help. However, sometimes that suggestion comes too late or the CEO/owner decides that they can fix their problem without assistance. As …

Ten Key Steps to A Successful Business Turnaround

The majority of business turnaround books are written by executives who have fixed Fortune 500 companies. These individuals implement business turnarounds by cutting large numbers of employees, tapping pension funds, getting banks to infuse capital and selling off assets to raise cash and decrease debt. However, few small- and mid-size companies can make such dramatic …

Sleep Soundly This Audit Season

As a business leader, time is often of the essence. Whether you need to implement quickly or want to free up your employees for other projects, it can be difficult to make the decision to invest additional time and resources into an already labor-intensive project like an audit. However, that extra investment into preparing for …

Expense Planning: Understanding the Sensibility of Cash

Recently, I presented the webinar, “Expense Planning: Understanding the Sensibility of Cash.” We covered a variety of topics, including expense characteristics, where expenses are found, expense types for planning and planning methodologies. Expense Characteristics While all companies strive to minimize expenses wherever possible, business can operate within varying cost structures. Yet regardless of the cost …

Ideal Qualities of a Turnaround Interim CFO

In today’s economic climate, interim CFOs tasked with a business turnaround must immediately consider whether the company has sufficient resources to withstand a downturn. They must ask, “Can the company withstand a serious competitive attack and respond by funding alternative investments to ensure survival and growth?” Essential qualities of an interim CFO are  substantial change management …

Top Blogs of 2014

As 2014 draws to a close, we’re taking a look at some of our most popular blogs from the past year. Whether you’ve read them before or are seeing them for the first time, we hope that vcfo has provided you with knowledgeable, informative content, and we look forward to continuing to share our financial, …

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 …