Success (or Lack Thereof) in Succession Planning for Businesses Handing over a business is more than a title change—it’s a financial and operational shift that can make or break a company. Without strong cash management, realistic growth strategies, and proper mentorship, even a successful business can falter. This case study reveals how a second generation […]| CFO Simplified
The new year is here! As a business owner, there is a lot to evaluate and prepare for 2025. Many business owners felt the squeeze of a tight 2024 and if that was the case for you, naturally the goal is to avoid a repeat that year. A crucial component to revitalizing your business in […]| CFO Simplified
There are many elements involved in developing and manufacturing products for a customer. Most of a company’s concentrated efforts go to the creation of what they’re going to sell, and with good reason. Because that IS the only purpose of any company: product development. If you don’t have something to sell, you’re not in business. […]| CFO Simplified
As we’ve worked increasingly with law firms over the past few years, there are a number of commonalities that we’ve found with many of the firms that we’ve met and have worked with. Lawyers are really good at taking care of their clients. That’s the bread and butter of their business and biz dev, and […]| CFO Simplified