Inflation Fighting Ideas
It will cost you $2.15 today for what would have cost you $1 in 1990. You don’t have to read about the effects of inflation to know that it’s hitting everyone and every company. You see it at the gas pump and the supermarket.
The Greatest Management Challenge
I wrote this article for my (print) newsletter 25 years ago. It’s so relevant even today that I decided to republish it, even though it’s longer than my usual post. I think it’s worth the extra few minutes you’ll spend reading it.
How will interest rates impact your exit plans?
If you’re considering selling your business in the near future, you may have taken notice of the recent news that interest rates are about to start going up, perhaps 3 or 4 times this year alone, after being near zero for several years.
If you make it, how do you price it?
Many of our clients over the years have been manufacturers, makers of the products they sell – cosmetics, automobile parts, aerospace components, etc.
Yield Curve – Who Cares?
Pick up any business newspaper today and someone will be opining on the interest rate yield curve. Is it going up, going down, reversing, inverting, or just resting quietly?
Do You Really Have Enough Cash?
Do you really have enough cash? Let me be more specific: Do you really have enough cash for the next horrific event in your industry?
Are Succession Plans and Exit Plans the Same?
A business writer once published an article that an exit plan can also be referred to as a succession plan. Sorry, folks, but that’s just not true.
Business Planning is Crap
Catchy title, eh? But it must be true, because so few small and mid-sized companies do it. Why would anyone who wants to build a successful company avoid doing something that might help them succeed? Well there are a lot of very solid reasons, or so we’re told.
If Cash is King, What's the King Doing Anyway?,
Virtually every CEO or business owner knows how to read their company’s income statement – Revenue, then Gross Profit, then Operating Profit, then Net Profit.
Dealing With CFO Retirement
The Wall Street Journal reported that CFOs of public companies are retiring at the fastest pace in over a decade.