Tag Archives: operational advice

Enhancing Business Valuation: Aligning Owner Perception with Market Realities

Understanding and Maximizing Business Valuation | vcfo

After years spent pouring their life’s work into building a business, an owner invariably forms a perception of its worth. Yet, this perception often differs from the view of the market. Owner’s opinions of their business value can be influenced by inherent biases, flawed valuation methodologies, and factors lurking beyond their control. As a business …

Anti-Money Laundering Practices

Anti-Money Laundering Practices | vcfo

The Importance and Application of Anti-Money Laundering Practices Anti-Money Laundering (AML) practices and policies are aimed at keeping money that stems from criminal activity out of the mainstream financial ecosystem. Given this definition, owners and operators of legitimate businesses may rightly wonder why in the world they would need to think about AML at all. …

SMB & Startup Business in Aerospace & Defense

Aerospace & Defense | vcfo

Five Principles for SMB & Startup Business in Aerospace & Defense A recent PwC report notes that the aerospace & defense (A&D) industry generated $741B in 2022 and stands poised for further growth in the years ahead. It’s no wonder then that a wide range of SMBs and startups are enticed by opportunities to do …

Prioritizing People in Manufacturing

Prioritizing People in Manufacturing | vcfo Blog

Prioritizing People in Manufacturing – Why it Matters? As the saying goes in manufacturing, “if you don’t have the people, you don’t have the products.” While it’s unlikely that one could find an executive that disagrees with this sentiment, manufacturing entities nonetheless often operate in isolated silos with inadequate communication and interaction between the production …

Ken Dorward joins vcfo Austin Team as Managing Director

Ken Dorward - Austin Managing Director | vcfo

vcfo Austin team welcomes Ken Dorward as Managing Director. Ken Dorward joins vcfo to lend 25 years of experience building teams and profitability for startups and publicly-traded multinationals alike. Data-driven and action-oriented, he favors bold business strategies. He excels in building the sophisticated systems and processes to bring clarity to an enterprise’s finances and operations. …

Retail Business – 3 Financial & Operational Factors

Retail Business – 3 Financial & Operational Factors | vcfo

Navigating a New Era of Retail – Three Financial and Operational Factors The market and operating environments of retail businesses have undergone dramatic transformations since the turn of the millennium; transformations that accelerated significantly more with the outset of the COVID pandemic. While some retailers have navigated these shifts to a point of better business …

Ensuring Success in Uncertain Times

Ensuring Success in Uncertain Times

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 …

Building Blocks of Business Valuation

Building Blocks of Business Valuation | vcfo

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 …

Inventory Management in Manufacturing

Inventory Management in Manufacturing | vcfo

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 …

Professional Services Firms Challenges

Professional Services Firms | vcfo

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 …