I don’t golf. That might seem like a strange opening for a blog post titled “Finance Matters”. Who cares whether I care to spend my Saturdays walking around swinging a golf club or not? But, there’s a point to be …
The inspiration for my monthly newsletters comes from many different places. Sometimes it is a client experience that I think will be of interest to my readers, at times an experience I personally had with a business, others from a …
As I write this newsletter, I have insights into several businesses where transition issues are somewhat of a hot topic. Frankly, this isn’t an area on which I focus but I have dealt with it over the years. The differences …
My friend and colleague, Phil Stayman, Controller of Fitcorp USA, Inc. recently shared with me the following accounting axiom which he coined Stayman’s Law. “If you don’t know what an amount is, where it came from or why, any action …
Earlier this month, we took a family vacation to Niagara Falls. The history of the falls is amazing as is the fact that it is a tourist destination for people the world over. The falls are clearly a natural wonder …
In order to achieve business and personal growth, you have to make sure that those around you are growing as well. One of the most satisfying engagements I have had during the past year is one in which I witnessed …
What is the speed with which you and your organization can accomplish a goal? It is no secret that the world moves at a much quicker pace than it did even a few years ago but is your business keeping …
Recently I wrote What Can You Learn from a Waterfall? and Is Your Pool of Capital Sufficient? In both issues, I used water as an analogy to the cash flow and profitability of a business. In this issue, there are …
I recently had lunch with a colleague and the subject of my monthly newsletter came up. I jokingly said that I should fire the guy responsible for building and maintaining my email list. Frankly, he’s not very good at it. …
The other morning my five year old asked what I was doing and I said I was starting to write my monthly newsletter. He said, “Daddy, why don’t you write about our waterfall?” It didn’t take me long to realize …