Why I Hate Job Descriptions! – We Need a Better Mousetrap…

Cons of Job Descriptions

Before you breathe a sigh of relief and think I am recommending abolishing the task of writing job descriptions, think again! Job descriptions are vital to any organization, particularly in efficient well-run businesses that are facing rapid growth, increasing competition, changing market conditions, technological hurdles, and a host of other challenges lining up on the… Read more »

CFO = Chief Forecasting Officer

Forecasting

I have found in my career that one of the most common tools that are not in place for business owners is income statement, balance sheet and cash flow forecasting.  The role of the Chief Financial Officer in companies includes the duty of forecasting but in companies that don’t have an in-house CFO these duties… Read more »

Fed to Raise Interest Rates: Impact on Your Business

Fed reserve raising interest rates

Earlier this season, the Federal Reserve shocked the fiscal world by deviating from the path toward an increase in interest rates. Historically, the United States has never been in this position, and interest rates have remained near zero percent for more than nine years. This fact has given businesses the opportunity to shed fat and… Read more »

Why Every Business Owner Should Have A CFO On Their Team

CFO

Many of the business owners that I come into contact with are ‘successful’ while not having a CFO (Chief Financial Officer) on their teams: They are engineers, builders, medical professionals, attorneys, software developers, marketers, business coaches, etc., and are very good at what they do Their businesses have ‘been in business’ for several years, often… Read more »