I am well known for talking with clients (and anyone who will listen) on the subject of how business owners can do a better job of working with their bankers. I’ve done a monthly newsletter and podcast on the subject …
Recently I was talking with a CPA about the legal structure of a client vis-à-vis tax related issues. First, let me say that I’m not a CPA and I rely on tax matter experts for both my own and all …
Distill. Simplify. Refine. Condense. Reduce. Shrink. Edit. Summarize. Purify. Shorten. Abbreviate. Crystalize. These are all words which suggest reducing something to its simplest form. I’m sure you can think of others. Pick whichever one you like and post it on …
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 …
Today, I celebrate the ten year anniversary of my Finance Matters newsletter. When I started this venture, I tried to come up with a dozen topics so that I could make it through the first year. I got to ten …
OK, how’s quoting a 1998 hit by Shania Twain as a business reference? For those who don’t remember, are too young to remember, or just want to revisit the ‘90’s, here’s a link to That Don’t Impress Me Much on …
I’m not sure what it is about the New Year but I’ve heard the phrase “we need a process” just a few too many times already (and it’s only January). Maybe people are looking at opportunities they missed in 2015. …
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 …
Is it worth the time to look for a $1.82? Recently, I was working with a client on the integration between a new payroll system and the general ledger. It was somewhat complex to say the least. We were dealing …
