Frank Dane, MS, JD

Providing CFO services in Portland, OR and surrounding areas

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About Frank

Frank Dane, MS, JD

Portland, OR CFO

38 Years of Experience

Direct Contact

frankdane@b2bcfo.com

office (503) 303-5845

Universities:

Juris Doctorate: Santa Clara University School of Law

MS Accounting: University of New Haven

BS Social Science & Education: Southern Connecticut State University

Certificates & Licenses:

CPA (inactive)

Organizations:

California Bar Association

Contact Frank Dane and receive a free Discovery Analysis™

  • A confidential meeting with the business owner(s), then interview company staff.
  • Look at the company’s financial information and computer systems.
  • Benchmark financial information against industry averages.
  • Create a confidential report of our findings in The Strategy Gameplan™







Frank’s Bio

Through his formal training and extensive experience Frank brings a unique combination of multi-disciplinary perspective and experience to your team. Trained as an attorney and certified public accountant Frank spent the first decade of his career with PricewaterhouseCoopers ("PW") concentrating on auditing, internal accounting controls and advising clients, at various stages of development from start-up to IPO and beyond. His experience at PW also includes M&A and litigation support. After a tour of duty as a Tax Manger he was promoted to Senior Manager, Entrepreneurial Services Division, of that firm's Silicon Valley Office in San Jose California and created that department's first comprehensive strategic plan.

After completing law school, accomplished while working full time at PW, Frank left public accounting and began devoting his innovative and analytical thinking and strong communication and leadership skills to serving companies as an operating team leader in the position of Chief Financial Officer and Chief Legal Officer responsible for all aspects of finance, accounting and internal reporting, administration, legal, SEC reporting and compliance, human resources, investor relations and corporate communications.

In his capacity as a CPA and then as a Chief Financial and Legal Officer, Frank has served companies in a variety of industries including general manufacturing, high tech manufacturing, computer software and hardware, robotics, real estate, medical devices, biopharmaceutical, communications, banking, government contracting, automotive and retail. He also has extensive experience with not-for-profit and government organizations. Operating and financial experience include:

  • Cash Management, Budgeting and Financial Modeling
  • Funded Operations by Consummating License Agreements Resulting in Multimillion Dollar Upfront License Fee Payments
  • Public and Private Financings - Equity and Debt and Creative Combinations, in the US and Canada
  • Initial Public Offerings, US and Canada
  • Registration of Limited Partnership Interests
  • Strategic Planning
  • Contract Creation, Negotiation and Administration
  • Creation and Administration of Employee Stock Compensation Plans
  • Government Grants
  • Reorganization
  • Mergers and Acquisitions, and Divestitures
  • Acquisition and Sale of Technology
  • Intellectual Property Protection
  • Export Control
  • Risk Mitigation
  • Accounting System Establishment and Monitoring
  • Establishment of Policies and Procedures and Creation of Policies and Procedures Manual
  • Product Development and Launches
  • Joint Venture Formation in the Peoples Republic of China
  • Member of the Board of Directors for Numerous Companies Including a Chinese Joint Venture and a Japanese Subsidiary
  • Creation of Pandemic Health Crisis Preparedness Plan

During his tenure as Chief Financial Officer with a software company, that company received the Global Frost and Sullivan Award for Market Leadership, and the Frost and Sullivan Award for Growth Strategy Leadership. Additionally, the company was twice named to Software Magazine's Annual Software 500 List.

Frank's broad based experience and training allows him to quickly assess all aspects of a company and rapidly develop and implement practical solutions to strengthen infrastructures and operations. Frank is high energy, maintains a strategic perspective and couples that with a hands-on approach and a process orientation all aimed at increasing value for his clients.

In addition to his business experience, Frank has taught accounting and corporation finance at several traditional universities as well as teaching the Becker CPA review course. He has also taught at the University of Phoenix - Graduate School of Business and at the Keller Graduate School of Management, DeVry University.

Frank and his wife Margi have been married for 35 years. They live in Portland Oregon and have a grown daughter. Frank is active in the local community contributing his time and expertise to local organizations.

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My Newsletters

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Recent Articles

Nov 9Frank Dane

Fed to Raise Interest Rates: Impact on Your Business

Nov 9Frank Dane
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 improve overall business practices by investing more capital into the business; however, the age of zero percent interest is rapidly drawing to a close. As

Aug 20Frank Dane

10 Ways to Grow an Emerging Business

Aug 20Frank Dane
Picture Of A Growing Plant

Starting a business is relatively easy. It’s growing a business that’s hard. Here are 10 ideas others have used to take their emerging businesses to the next level. Add a location. This obviously depends on the type of business, but if there is demand for what you do in other areas, consider expanding to another area of the city, state or country where you can serve more customers with the proven business model you have spent years perfecting. Leverage the Internet. Nearly

Apr 30Frank Dane

Applying the Laws of Physics to Your Emerging Business

Apr 30Frank Dane
Multiple Physics Equations On Wall

In his book, “Organizational Physics: The Science of Growing a Business,” author Lex Sisney explains how the laws of physics help emerging businesses achieve new levels of success. He asserts that because physics is the science of matter and energy, and managers use principles and methods to lead organizations, then “Organizational Physics” offers a way to translate the energy of people into successful results for your business. Applying the Laws of Physics at Commission Junction He applied organizational physics to

Mar 25Frank Dane

Leading Change in Your Emerging Business

Mar 25Frank Dane
Change Is The Only Constant

In his landmark Harvard Business School Press book, Leading Change – An Action Plan from the World’s Foremost Expert on Business Leadership, Harvard professor John P. Kotter offers down-to-Earth advice on how to lead your organization into the future. Every organization, whatever the size, deals with change as a constant. The owners and managers of emerging companies who embrace and lead change are the ones who consistently lead their companies into new markets, and introduce new products and services. Innovative

Feb 18Frank Dane

Leveraging Economies of Scale to Grow Your Emerging Business

Feb 18Frank Dane
Graph With Stacks Of Coins

Planning for and Managing Second Decade Business Growth As the owners or senior managers of an emerging business, you worked hard to: Attract dedicated and loyal people who did whatever was necessary to help the company grow Solidify your products and services to create a loyal customer base Create the organizational structure systems to support the growth Now comes the hard part, and it’s a bit like raising teenagers. Just as raising teenagers is more difficult than wiping noses and

Nov 22Frank Dane

The Need for Small Businesses to Use ApplePay

Nov 22Frank Dane
Apple Logo On A Black Background

Apple sought to change the world of business and consumer relations with the release of ApplePay in October, and businesses around the country began the task of preparing and adapting to accept this new method of payment. In short, ApplePay allows consumers to keep all their financial information — bank accounts, credit cards, and other forms of digital payment — within an easy-to-use digital wallet, requiring only the transmission of data from phone to register. In order for business owners to make the transition

Oct 10Frank Dane

Growing by Acquisition or Merger

Oct 10Frank Dane
Scattered puzzle pieces next to solved fragment

Acquisitions and mergers are not just for big companies. Emerging companies can grow faster and gain more control of their destiny by acquiring synergistic competitors and suppliers. Acquiring or merging with another company sounds complicated, but it can be easier than you think with the proper guidance and leadership. Start with an objective to find one complementary company that will strengthen your position in your market. Then develop and execute a strategy to make it happen. When you have one

Sep 24Frank Dane

Key Attributes of Small and Midmarket Companies and Their Leaders

Sep 24Frank Dane
People With Different Characteristics

Having worked with many successful small and midmarket companies for well over 20 years, I recognize the following common attributes of these companies and their leadership teams: They Set the “Elements for Success” Numbers – Watch Revenues, Expenses, and Net Earnings Before Taxes (NEBT) like a hawk. Customers – Build loyal and elated followers. Employees – Treat them like family or better. Focus/Discipline – They focus on the Critical Success Factors and Key Performance Indicators for the company. Passion, aka

Aug 26Frank Dane

A Trusted Strategic Advisor Relationship With a B2B CFO®

Aug 26Frank Dane

Owning and Managing an Emerging Business Is All Consuming As the owner(s) of an emerging business, you sail through treacherous waters. You survived the early start-up years and now face new challenges. Your entire life revolves around your business in a way that others just do not understand. You deal with concerns about growth, cash flow, competition, operations, finance and protecting your business on all sides. There are plenty of resources for starting a business but very few for moving

Jul 22Frank Dane

New Technologies Shaping the Future of Your Business

Jul 22Frank Dane

Mobile Technology Ramping Mobile technology is ramping up faster than any technology in history — faster than televisions, faster than computers, and even faster than the Internet. More mobile devices will be in use by the end of 2014 than there are people in the world! There are more than 100 countries where the number of cell phones exceeds the population. Bring Your Own Device (BYOD) People prefer their own device over one provided by the company and have unprecedented

Jun 24Frank Dane

How Disintermediation Impacts You and Your Business

Jun 24Frank Dane

It’s pretty simple really – disintermediation cuts out the middle man. We could do a high level lesson in economics or KISS. As the U.S. economy matured, more and more parties handled goods and services from source to consumption. That is all changing, and many traditional businesses are following suit. The Good Old Days Great Grand Father (GGF) wanted bacon, eggs, cheese and a biscuit for breakfast. GGF was the consumer; the cow and the chicken were producer – and

May 29Frank Dane

Increasing the Minimum Wage – Good or Bad for Small Business

May 29Frank Dane

The talking heads don’t agree on much.  After all if they did it wouldn’t be very interesting listening to them.  Of course that statement assumes you find them interesting at all. In any event there is little agreement as to whether or not an increase in the minimum wage will be good or bad for the economy in general.  What is certain is that small businesses will be affected by any increase, for better or worse. Support or opposition to

May 7Frank Dane

HOW TO ENGAGE YOUR EMPLOYEES

May 7Frank Dane

“Our employees are our most important asset.”  How many times have you heard an owner or CEO promulgate that sentiment?  More importantly, how many times have you witnessed an owner or CEO living by that sentiment?  I’m sure your answer to the former question is much higher than to the latter question. There is much truth in that statement.  Successful companies need effective leaders but if the troops don’t perform, no matter how brilliant the leadership, the company is destined

Apr 11Frank Dane

THE CLOUD: SHOULD YOU BE THERE

Apr 11Frank Dane

Can’t count the number of times my mother told me to get my head out of the clouds.  Now it seems if you are in the Cloud you’re in good company.  In his April 9, 2014 Portland Business Journal Article, Heinan Landa, CEO of Optimal Networks states: “The cloud isn’t just a technology fad — companies are moving entire networks into the cloud, and it is now becoming a mainstreamed corporate computing model.”  Landa, gives six top reasons why cloud

Mar 21Frank Dane

The Top 5 Cash Flow Rules

Mar 21Frank Dane

Why do you need to concentrate on Cash Flow? Simply put, especially for a small to mid-sized business, cash flow equals life, growth, prosperity . . . and survival. You need to free yourself to focus your unique talents and abilities on growing your business rather than fighting the constant cash flow fires. Remember . . . you are the only one who really cares about the ongoing viability of your company.  It means more than just a paycheck to

Feb 28Frank Dane

Why Do Men and Women Buy and Sell Businesses

Feb 28Frank Dane

It’s no secret that men and women are very often motivated to act for different reasons.  This is pretty much a universal truism that applies equally to personal lives as well as business lives. BizBuySell.com recently issued the results of a demographic study of individuals pursuing the buying or selling of a business. The survey, which encompassed over 2,000 buyers and sellers, revealed a number of trends that are shaping today’s market and confirmed that even in this area, men

Jan 31Frank Dane

Do You Know Your Banker?

Jan 31Frank Dane

Do you know your banker by name (other than the bank’s name!)? When you walk into the bank to make a deposit, does your banker say “hello” and ask how the business is going? If not, you have work to do! Everyone who owns a small business, or works with small business owners, should focus on the banking relationship. The old adage when you need money, the bankers don’t want to talk to you and when you don’t, they want

Jan 30Frank Dane

Lowest Premium Not Necessarily the Lowest Health Care Cost

Jan 30Frank Dane

So you have spent days pouring over alternative health insurance plans.  You’ve created charts, Excel sheet comparisons to try and compare the virtually incomparable.  After applying all your statistical knowledge you finally identified the plan with the lowest premiums that comes closest to providing the benefits you want.  So you pat yourself on the back and buy that plan thinking you now have the most coverage for the least amount of cost.  Well if annual premiums were the only cost,

Dec 31Frank Dane

Put People Before Profit

Dec 31Frank Dane

In these very tenuous and difficult economic times, the importance of profitability becomes tantamount. Without profit, positive cash flow, which is the lifeblood of business, can quickly dry up and cause significant difficulty even in basic operations. This is especially true when the availability of credit seems to be evaporating before our eyes. Profitability is critical in the short term and in the long run. When times are challenging, as they are today, we must do everything we can to

Dec 30Frank Dane

Starting Off Strong

Dec 30Frank Dane

Happy New Year to all my readers! I hope your holidays were joyful and peaceful. Each year when the calendar turns over it is a great time to recommit to goals. There are many things that you can do to help your business prosper and flourish in 2014. The trick is to make a commitment to move forward. You have to “do what it takes,” bite the bullet, put in the time, and do the hard work. And hard work

Dec 27Frank Dane

Are You Ready for Another Year?

Dec 27Frank Dane

Are you ready for another year? Do you have a marketing and sales plan that helps you know which customers to target in the upcoming year? With that information, have you created a budget for the year? Do you have clear goals for the year and do you have a way of measuring your success in achieving those goals? The best companies that I’ve encountered have tremendous focus on their customers and know whom they want as new customers. In

Nov 27Frank Dane

Trust, but Verify | Advice from B2B CFO®

Nov 27Frank Dane

So I’m at my desk working away diligently, against a deadline, hoping for no interruptions, and I get a call from “Microsoft Technical Team” – right.  According to the caller, my computer had contracted a virulent virus that needed to be addressed immediately.  All I had to do to cure the virus was give the person on the phone control of my computer and they would wipe it clean.  Well, being the suspicious person that I am and having just

Nov 26Frank Dane

Financial Intelligence

Nov 26Frank Dane

Owners do not start their businesses hoping to spend a lot of time doing accounting and finance but rather doing what they do best. All owners, however, need to have a high enough level of financial intelligence to know they are making the best possible decisions for their business. In addition, the more financial intelligence their employees have, the better the decisions of the organization will be as a whole. The term Financial intelligence has its roots back in 1954

Oct 26Frank Dane

4 Tips for More Effective Networking

Oct 26Frank Dane

Networking is always a challenge to all small business owners. It can be especially challenging to people who want to do business with the small business owner. Many times, small business owners do not show up at network events because they feel like the bait in a sea of sharks. Most networking events are about people who want to make connections with the small business owner. Many times the only result of these meetings is a pocket full of business

Oct 21Frank Dane

Can CEOs Afford to Be Angry?

Oct 21Frank Dane

Like most everyone I have had my share of dealing with anger, my own and other people’s.  Following is some advice on the matter for CEOs, courtesy of Deborah Sweeny – CEO, MyCorporation.com. There is a well-known, and often used, caricature of the ‘angry boss’ — a typically short, balding man, red in the face, screaming at some unnamed intern or employee over something trivial like a foamy latte from Starbucks. Dealing with overly emotional and irrational people is difficult

Oct 1Frank Dane

Do We Really Need to Reduce Fixed Costs?

Oct 1Frank Dane

Given the tough economy over the past few years many businesses have experienced declining sales.  To offset the negative impact of  lower sales there are a number of options to help maintain profitability that are typically considered.  For the most part, the options are: 1.   Increase sales through new markets, products, processes, etc. 2.   Decrease variable costs, 3.   Improve mix of sales to higher margin products/services, and 4.   Reduce fixed costs. In the many discussions I participate in, regarding this

Aug 30Frank Dane

Cash: In Like Rabbit, Out Like Turtle

Aug 30Frank Dane

A business owner, or someone who works with business owners’ cash, has a constant and unrelenting problem. Do you sometimes wonder where your cash went? There are several “tricks of the trade” that well managed companies utilize to maximize their cash flow. These cash policies can be used by any business, large or small. Here are a few of them that will help you keep cash in your checking account. Do you know what a cash conversion cycle is? Loosely

Aug 23Frank Dane

WRITE WELL – LOOK GOOD

Aug 23Frank Dane

In your business do you communicate regularly with others? I think all of us can answer yes to that one! Are you as careful in your writing as you are in your talking? I bet most of us answer “no” to that one! We probably don’t think about jotting down a note and e-mailing it off to someone we communicate with regularly.  But what if that note has spelling errors, incorrect punctuation, or sentences that are not constructed correctly? How

Jul 30Frank Dane

THE TIME BANDIT

Jul 30Frank Dane

Are you a victim of the biggest time bandit ever? Most people don’t even realize that hours every week are being stolen from their already tight schedules. What is it that is literally robbing you of one of your most precious assets? E-MAIL!! Think about how many times a day you log in and check your email. That’s just logging in time and scanning to see if you need to deal with anything right away.  You know, those “emergencies” we

Jul 27Frank Dane

Zero Error Communication

Jul 27Frank Dane

Today’s Guest Blogger Doug Lundrigan addressing:  Zero Error Communication “One-third trim, niner ze-ro feet, two degree up bubble!” ordered the Commanding Officer to his Diving Officer. “Aye sir, One-third trim, niner ze-ro feet, two degree up bubble!” acknowledged the Diving Officer. The process of relaying orders and having them repeated back played out again from the Diving Officer to the Control Room. Privileged to observe the inner command of the USS Helena, a fast attack nuclear submarine in the US

Jun 28Frank Dane

Check Your Engine Light

Jun 28Frank Dane

When we drive we take it for granted that our car dashboard is set up to tell us most of the important things we need to know to have a safe trip and arrive at our planned destination. When you look down at your car’s dashboard you can quickly determine how the vehicle is functioning and receive alerts when something is not working properly. You would likely be able to get to work or to the mall if your dashboard

Jun 28Frank Dane

Cover Oregon Makes Health Care Choices Easier

Jun 28Frank Dane

Some think Obama Care and major changes in health care, rippling through the nation, are the panacea for all our health care problems. Others may think it is the work of self-serving bureaucrats and politicians and destined to wreak havoc on our already strained health care system and related insurance industry.  I unequivocally doubt that it is the former so I hope the truth lies somewhere in the middle. Whatever end of the spectrum you lean towards there is a

May 31Frank Dane

INDOOR FARMING

May 31Frank Dane

In my May 30, 2013 Blog I discussed some of the controversy surrounding genetically modified crops.  As that debate rages on the search continues for other, hopefully less controversial, methods to improve yields with higher economic and resource efficiency. One such method involves the modernization and expansion of the age old greenhouse. We are all likely familiar with the traditional horizontal greenhouse.  In an attempt to more efficiently supply urban areas with fresh produce greenhouses in cities throughout the world

May 30Frank Dane

TO BE OR NOT TO BE – MODIFIED THAT IS

May 30Frank Dane

Are foods grown from modified seeds more dangerous than foods grown from unmodified seeds?  The controversy has been stirring for years.  Like any controversy there are pros and cons on both sides, some which are scientifically based and others that are purely emotional appeals. The proponents of genetically modified (GM) seeds herald modification as the saving grace to defeat world hunger by producing more crops per acre than non-genetically modified farming, and doing so with higher economic and resource efficiency.

May 26Frank Dane

Bank Simple at BankSimple

May 26Frank Dane

Anti-big bank sentiment still runs high.  If you recently changed your banking relationship you are not alone.  Javelin Strategy estimates that 5.6 million U.S. adults changed banking providers in the past 90 days (January 26, 2012 article). Twenty six percent of the switchers stated that they switched in order to avoid the high fees their former banks charge.  Some switched banks due to moving to a new residence and simply wanted a bank closer to that residence.  Other reasons included lack

Apr 22Frank Dane

Decline in Start-ups Parallels Decline in Unemployment

Apr 22Frank Dane

Back in December 2012, in my Blog entitled “Who Ya Gonna Belive” I spent some time looking behind the official unemployment figures.  That analysis called into question whether the unemployment rate had really declined or if the indicated decline was really a function of the measuring methodology.  Given this ambiguity I like to search other places in an attempt to get a three-point fix on our unemployment situation. A recent study by the Kauffman Foundation noted a drop in 2012

Mar 29Frank Dane

ANOTHER FINANCING ALTERNATIVE

Mar 29Frank Dane

In my October 16, 2012 Blog I discussed a lesser-known financing model and listed three companies providing funds under that model with varying individual focuses and parameters.  Under that model a company receives a loan and pays it back over time out of revenues that it earns, thereby avoiding a fixed payment schedule that the company may have trouble meeting.  Furthermore, this method involves debt financing therefore dilution to equity positions of existing owners is also avoided. Another lesser-known financing model is

Mar 15Frank Dane

AFFORDABLE HEALTH CARE – NOT MADE SIMPLE

Mar 15Frank Dane

H.R. 3590, the Patient Protection and Affordable Care Act, Public Law 111-148, as amended by the Health Care and Education Reconciliation Act of 2010, Pub. L. 111-152, is commonly referred to as the Affordable Care Act (the “Act”).  The Act’s intention is to expand access to health care insurance via (1) the establishment of Affordable Insurance Exchanges (Exchanges), (2) “improvements” to the Medicaid and Children’s Health Insurance (CHIP) programs and (3) ensuring the coordination between Medicaid, CHIP and the Exchanges.

Feb 27Frank Dane

Federal Budget Cuts – Somebody Will Feel Pain

Feb 27Frank Dane

On March 1, 2013, automatic Federal budget cuts are scheduled to take effect unless Congress can reach some kind of agreement before then.  These will be across-the-board spending cuts of $85 billion for the Federal government’s fiscal year (March to September).  Whether you believe the cuts will, in the long term, benefit the country as a whole or you think the cuts represent an impending disaster one thing is certain – at least in the short term many will feel

Feb 12Frank Dane

IS THAT A “SECURITY”

Feb 12Frank Dane

I’m sure you have all heard, and probably used the expression: if it looks like a duck, walks like a duck and quacks like a duck, it probably is a duck.  That might be an OK way to identify a duck but when it comes to securities law I would like a little more definitiveness given the draconian penalties that violations of such laws can engender.  The applicability of such laws to specific transactions tends to hinge on whether or not an instrument

Jan 23Frank Dane

Health Care Reform – Taxes Effective January 1, 2013

Jan 23Frank Dane

In my January Newsletter and my January 21, 2013 Blog, I addressed business aspects and individual aspects of the American Taxpayer Relief Act.  The content of those publications was derived from a January 1, 2013 article appearing in the Journal of Accountancy authored by Paul Bonner and Alistair M. Nevius. The article also addressed taxes becoming effective on January 1, 2013 resulting from passage of 2010’s health care reform legislation as follows: “Additional hospital insurance tax on high-income taxpayers. The

Jan 21Frank Dane

American Taxpayer Relief Act

Jan 21Frank Dane

Congress barely avoided the Fiscal Cliff by passing the American Taxpayer Relief Act.  In my January 2013 Newsletter I addressed business provisions of the Act, courtesy of a January 1, 2013 article by Paul Bonner and Alistair M. Nevius, appearing in the Journal of Accountancy. The following, also based on that article, addresses some major effects on individual taxes.  “Individual tax rates All the individual marginal tax rates under the Economic Growth and Tax Relief Reconciliation Act of 2001 (“EGTRRA”) and the

Dec 15Frank Dane

INTERNAL CONTROLS – PROTECTING YOU ASSETS

Dec 15Frank Dane

Courtesy of GrowthForce’s Blog. There are numerous reasons why organizations, particularly small businesses, lack a system of internal controls. A common culprit is limited resources, which can complicate even the simplest of safeguards, such as separation of duties. While many growth-oriented businesses overlook the importance of implementing systems and strategies designed to reduce their risk, it’s certainly a valuable investment when considering the impact of occupational fraud – the typical surveyed organization lost 5% of its annual revenue to fraud,

Dec 11Frank Dane

WHO YA GONNA BELIEVE?

Dec 11Frank Dane

I said it before (September 20, 2012 Blog) but, nonetheless, after seeing the Bureau of Labor Statistics (the “Bureau”) Report for November 2012 and listening to the politicians and “talking heads” spin their tales I feel compelled to say it again: Figures Don’t Lie But Liars Sure Can Figure, especially by omission. You may have heard on the news or from your favorite commentator that the nation added 146,000 jobs in November, significantly exceeding the median forecast of 85,000.  Sounds

Nov 27Frank Dane

Fighting Identity Theft

Nov 27Frank Dane

In September of 2003 the Federal Trade Commission (the “FTC”) released the results of a survey indicating that over the five years preceding the survey 27.3 million persons were victims of identity theft, an average of approximately 5.5 million persons per year, resulting in billions of dollars in losses. In November of 2007, the FTC announced that in 2005 alone 8.3 million people discovered that they were victims of identity theft.  For the period from March 2011 to February 2012,

Nov 15Frank Dane

DECISIONS, DECISIONS, DECISIONS

Nov 15Frank Dane

As a business owner you are likely called on to constantly make decisions. Some days one after the other without time to take a breath in between, let alone perform the type of analysis you would like to perform before committing to a decision.  In some instances quick decisions may be necessary and based upon their nature and possible ramifications should not be belabored.  But we shouldn’t  make snap decisions on major matters out of our desire to move at

Oct 31Frank Dane

WINNING THROUGH COLLABORATION

Oct 31Frank Dane

In mid-October the American Council for an Energy-Efficient Economy ranked Oregon number 4 in its evaluation of states on policies, programs and activities. Derek Smith, CEO of Clean Energy Works Oregon, a public-private partnership whose mission is to  create jobs and save energy via residential energy efficiency remodels, attributes this good news to the collaboration among public entities, utilities, private lenders, businesses, non-profits and individuals. This collaboration is showing results in the residential real estate market in a number of

Oct 16Frank Dane

Show Me the Money – Small-business Financing Alternatives

Oct 16Frank Dane

If you are a start-up or in the development stage you know how hard it is (if not impossible) to obtain financing from the well-known traditional sources.  Banks may require a certain number of years of profitable operations, collateral and a personal guarantee before making a loan.  You may not be big enough (or want to be) or have the growth potential that venture capitalists require, and even if you do you may not want to accept the oversight that

Sep 20Frank Dane

Figures Don't Lie But Liars Sure Can Figure

Sep 20Frank Dane

Of course figures don’t lie, they are inanimate, and they are what they are and only take on the meaning we ascribe to them.  But when I listen to politicians offering the same survey or research to support diametrically opposing points of view it makes me wonder just how valuable are statistics and the measures we can derive from them. Well from a business standpoint as long as we are not trying to fool ourselves (or others) measuring is extremely

Sep 13Frank Dane

DISASTER

Sep 13Frank Dane

Will your business survive a natural or man-made disaster?  Statistically, four out of ten will not.  If you think it can’t happen here in Portland, think again.  The Cascadia Subduction Zone is a 680-mile fault off the Pacific Northwest Coast.  It is capable of producing a 9.0 mega-quake.  Historically earthquakes along that fault occur on average every 250 years, and according to the U.S. Geological Survey a quake is overdue as there has not been one for at least 312 years.

Aug 17Frank Dane

LAUGH YOUR WAY TO GOOD HEALTH

Aug 17Frank Dane

Yes – laugh your way to good health.  It’s not Snake Oil!  You might call it alternative or holistic medicine but there is science to back it up. The American Cancer Society even endorses “Humor Therapy” as an adjunct to conventional medical therapies. Many hospital and treatment centers have established special rooms with humorous materials for the purpose of making people laugh.  They are also using volunteers to visit patients in order to make them laugh. For more information from

Aug 7Frank Dane

Residential Real Estate Jobs Slowly Return

Aug 7Frank Dane

I saw the above titled article in the July 27, 2012 issue of the Portland Business Journal and I want to spread the good news, check this out: Although the Oregon housing market is recovering slowly, it is recovering.  The result: brokerages, title offices, appraisal companies, lenders and remodeling firms are all hiring.  One staging company recently turned down five clients due to heavy demand for its services. Following are some excepts from the article: Approximately 31,700 Oregonians were employed