Month: October 2016

How to Boost the Outcome of a Merger or Acquisition

Mergers and Acquisitions

In 2016, nearly a quarter of middle market businesses were considering a merger or acquisition. This number will only grow as the aging Baby Boomers increasingly become ready to sell their businesses. When this happens, many business owners are tempted handle the transition themselves. But the reality is that hiring a seasoned CFO can more… Read more »

Do You Know the Dollar Amount of Your Company’s Cyber Risk?

Cyber attacks

In today’s world, most companies know they need to be vigilant about protecting their operations from cyberattacks.  But the reality is there is a lot more to consider than just having a few security measures set up to protect the company from attack. Many companies have based their protection plan on an incomplete understanding of… Read more »

Don’t Make This Common Product Mix Mistake

Product Mix

By nature, entrepreneurs are ambitious and love to chase after new profit opportunities. However, that very tendency can turn around and back fire if they decide to introduce too many new products and services too fast without doing their due diligence. To avoid this pitfall, a business owner must make sure they know the profitability… Read more »

What You Need to Know About Finance and Strategic Planning

Financial and strategic planning

When a business begins a strategic planning session, most everyone is focused on the excitement of the vision and mission. Unfortunately, many businesses develop a wonderful plan without adequate financial involvement. While dreaming about the company’s potential is definitely how the strategic plan needs to start, business owners need to be armed early on with… Read more »