It’s probably fair to say that every business owner has had a day where they wanted to say, “I’m outta here!”. Running a business can be rewarding, fulfilling, profitable, but also very tough. But not so fast, before any business …
What’s a balance sheet? I’m going to put a different spin on it. It’s the culmination of all the business decisions you have made from inception through today. The balance sheet is the sum of every hiring decision, customer service …
As I write this newsletter, we are one quarter of the way through the year. It’s always a bit hard to believe how quickly the days turn into weeks, and then months and then quarters. But let’s not get ahead …
What metrics do you track when tangible results are in the future? It’s important to have goals but setting a goal without a clear action plan is usually a plan for failure. And there are times when it just isn’t …
D4 or “D to the 4th power” is a new term I coined earlier this month as I watched two acquisitions crash and burn on a Friday afternoon within two hours of each other (almost to the minute). As I …
“Cash is King” is an old expression in business. But I largely ignore cash. Sure I check in on it at the end of the month but on a day to day basis nothing could be further from my mind …
This message is so basic that it doesn’t deserve the title Finance 101. My hope is that none of my regular readers find anything useful in here but that they pass it along to someone else as a public service …
To those of you who read the title and assumed that I was going to go political, I’m not. Although that would be easy to do these days no matter the side of the aisle on which you reside. Instead, …
I’ve worked on a number of transactions during my career. The first one was the $5 billion merger between Burroughs and Sperry. The rest have been far smaller. The lessons I’ve learned in the first and across many of the …
We’re a month into the new year and by now, you should have your 2023 budget firmly established. But for the few of you out there who don’t, there is still time. And for the rest of you, I’d like …
