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 …
I work with companies in all stages of development but have recently had several discussions with clients about the characteristics of a mature company. So, without further ado and fanfare, below is my list of 10 characteristics that I consider …
This is the time of year when many look back over the past. But I think it’s important to have a reason to look back and it’s not just to reminisce. Rather, it should be to perform some analysis of …
As we enjoy Labor Day weekend I hope that everyone reading this is getting the opportunity to relax with family and friends. As we exit the summer vacation season, during which it seems to sometimes be nearly impossible to schedule …
Most businesses think that strategic planning is something that only Fortune 500 companies need to worry about. The truth is that all businesses need to think about their strategic direction. While the time devoted to the strategic planning process differs …
Most companies have either just completed or are diligently trying to finish their budgets and plans for 2009. Given the tumultuous 2008 and the similar start to 2009, it’s easy to imagine that many companies are thinking about what it …
There is an old saying: “When opportunity knocks, answer the door.” But in these volatile times, it is hard to know whether you are looking at an opportunity or not!? One can get whiplash just watching the stock market with …
There was a saying during the .com boom, “Go Big or Go Home”. It meant that anything worth doing was worth doing in a big way. Hence, many of the start-up companies of the day had world domination on the …
Last month, I posed the following question: It’s Mid-Year, Are You in Control? For those that live in Saint Louis, Missouri, that proved to be an even more interesting question than I originally thought. Soon after my monthly newsletter, a …
Last month, I wrote about the importance of having a financial plan as a roadmap to your company’s progress to achieving forecasted levels of profitability. This month, I want to discuss the components of your plan. There are many books, …
