- - Blog

JUL

19

Florida CFO Group Supports Special Needs Job Creation

Posted by Don Noble

The Florida CFO Group last month made a financial and operational commitment to Polyblox. Polyblox ( www.ilovepolyblox.com ) is a for-profit and for-purpose startup whose mission is to teach "joyful inclusion" to kids of all ages. The Polyblox totems include letters, images, braille, and ASL (American Sign Language) symbols that help teachers and ...

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MAY

08

When to Hire a Fractional (Part-Time) CFO - Part 1

Posted by Jim Dietz

Part One of Three Parts: When to Hire a Fractional (Part-Time) CFO In the first of a three-part series on hiring a fractional (part-time) CFO, Florida CFO Group partners Betsy Bennett , Mark Brown , and Jim Dietz discuss the role of a part-time CFO and when and if you should hire one. Why should an entrepreneur consider hiring a fractional (part-ti...

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MAR

05

Are You Losing Money on Your Biggest Customers? Part 1

Posted by Betsy Bennett

Part One of Three Parts: Revenues vs. Profitability In the first of a three-part series on how to recognize if you're losing money on your largest customers, Florida CFO Group partners Betsy Bennett , Mark Brown , and Jay White discuss recognizing if you are losing money on your largest customers and the impact of chasing revenues vs. ...

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FEB

05

When to Hire a Fractional (Part-Time) CFO - Part 2

Posted by Betsy Bennett

Part Two of Three Parts: When to Hire a Fractional (Part-Time) CFO In the second of a three-part series on hiring a fractional (part-time) CFO, Florida CFO Group partners Betsy Bennett , Mark Brown , and Jim Dietz discuss why to hire a part-time CFO and the differences between interim, full-time, controllers, and part-time C...

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NOV

09

When to Hire a Fractional (Part-Time) CFO - Part 3

Posted by Jim Dietz

Part Three of Three Parts: When to Hire a Fractional (Part-Time) CFO In the third and final part of a three-part series on hiring a fractional (part-time) CFO, Florida CFO Group partners Betsy Bennett, Mark Brown, and Jim Dietz discuss how to know you need a part-time CFO and the important considerations in hiring one. What are...

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OCT

05

Are You Losing Money on Your Biggest Customers? Part 3

Posted by Betsy Bennett

Part Three of Three Parts: Turning Around Unprofitable Customer In the third and final part of a three part series on how to recognize if you're losing money on your largest customers, Florida CFO Group partners Betsy Bennett , Mark Brown , and Jay White discuss turning around unprofitable customers. Turning around an unprof...

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AUG

08

Are You Losing Money on Your Biggest Customers? Part 2

Posted by Betsy Bennett

Part Two of Three Parts: Factors Impacting Customer Profitability In the second of a three-part series on how to recognize if you're losing money on your largest customers, Florida CFO Group partners Betsy Bennett , Mark Brown , and Jay White discuss the factors impacting customer profitability. Is Customer ...

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FEB

10

Alternative Financing

Posted by Tom Walker

Florida CFO Group partners Dick Trueblood, Tom Walker and Dale West discuss alternative financing for small and large organizations. Alternative Financing to Fuel Growth Tom : You should always be looking at all of your financial options, from traditional banking to alternative financing and any combination that would maximize what your compan...

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NOV

15

Understanding Loan Covenants

Posted by Ginger Mentzer

Florida CFO Group partners Dan Polen , Joe Price , and Ginger Mentzer discuss loan covenants and their potential impact on your business. Ginger : Loan covenants are fundamental to all commercial and business loans and protect the lender by making sure that the borrower fulfills conditions or prohibits the borrower from doing certain things ov...

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OCT

14

Exit Planning Strategy: Who Needs It?

Posted by Harold Hale

Florida CFO Group partners Dawn Johnson, Mark Brown and Harold Hale discuss the importance of having an exit strategy for your business. Exit Planning Strategy: Who Needs It? Harold : An exit strategy is planning for a transition of ownership. It is a way or means of either entrepreneurs or investors to basically reap the benefits of what they crea...

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AUG

26

Mergers & Acquisitions: Looking at a Potential Purchase

Posted by Dale West

Florida CFO Group partners Dale West , Jay White , and Betsy Bennett discuss:Looking at a Potential Purchase -- sizing up acquisitions and determining if an acquisition strategy is right for your organization. What Makes an Acquisition a Good Fit Betsy : Having an acquisition plan depends on the culture and the ultimate strategy of an organiza...

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JUN

13

What You Need to Know About Cash Forecasting

Posted by Joe Price

Florida CFO Group partners Joe Price , Dick Trueblood , and Tom Walker discuss the importance of cash forecasting for small and large organizations. Tom : Cash flow analysis is very important for a business to be successful. 82% of businesses fail due to poor cash flow management skills. It doesn't matter how great a business model, how profitable,...

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MAY

10

How to Make & Keep Your Budget Relevant With Your Strategic Plan

Posted by Dan Polen

Florida CFO Group partners Dawn Johnson, Mike Meyer, and Dan Polen discuss the importance of aligning strategic plans and annual budgets. Mike : A lot of companies, and not just start-ups, struggle with planning and especially with aligning their annual budget and strategic plan. Dawn : Yes, too often each is developed independently of the other wi...

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JAN

12

Are Budgets a Waste of Your Management Team’s Time?

Posted by Betsy Bennett

Florida CFO Group partners Betsy Bennett , Mark Brown and Harold Hale discuss the importance of budgeting and if comparing results to budget on an annual basis is an out-of-date practice. Mark : Just as you do not need a map for your daily commute to the office, if your business is stable and doesn't change month-to-month, quarter-to-quarter, you p...

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