|
||||
| Profile | Radio | Publications | Events | Blog | Hire Ren | Contact Ren |
 |
||||||
|
 |
Posted by admin on Mar 9, 2010
Have you ever wondered how your employees would act if they owned their own business? One of my clients is a consumer retailer. Because of the product line, he needs to maintain a fleet of delivery trucks. When I would visit my client during the winter, I would notice at least one delivery truck would [...]
Read More »Posted by admin on Feb 10, 2010
Excerpt from the new book ”Profitpreneurship, Creating a Business that Produces Outstanding Financial Results” – COMING SOON
I, along with millions of others, have read the book The Secret. From my understanding, the message is to write stuff down. If you write it down, it will happen (again, my interpretation of the message). After I read this, I [...]
Posted by admin on Feb 1, 2010
TROY, MI Almost exactly 10 years after founding Dynamic Advisory Solutions out of his basement with virtually no clients or business contacts, founder Ren Carlton launched Global CFOs this week. Global CFOs is a franchising company with the mission of expanding the Dynamic Advisory Solutions business model globally. Dynamic Advisory Solutions is a consulting firm [...]
Read More »Posted by admin on Jan 12, 2010
I recently received an e-mail asking me what it would cost to hire a good CFO. His current CFO is in the process of retiring, and he wanted an idea of what the market rate was for the position. Based on the size ($20 million in annual revenue) and location (Miami) of his business, I [...]
Read More »Posted by admin on Dec 17, 2009
I was having lunch with a client and he posed the question “Why don’t most small businesses make real money?” After talking for a while, we came up with some good ideas.
Before I tell you those ideas, let’s define what real money means. Real money is when the owner is paid the market rate for [...]
Posted by admin on Nov 25, 2009
“Profitpreneurship: Creating a Business that Produces Outstanding Financial Results” is almost ready for release! below is a short description of the content.
Whether a company is driven by sales, operations, or that widget everyone must have, success is still measured by the bottom line: profits. In “Profitpreneurship: Creating a Business that Produces Outstanding Financial Results”, entrepreneur [...]
Posted by admin on Jun 26, 2009
Keeping Your Bank Happy
When serving as CFO for literally 100’s of companies over my career, I have had my share of bank meetings. Whether it is the weakness of the credit market or the lack of adequate business performance, this has recently become an unpleasant chore. Today I met with a lender that is in [...]
Posted by admin on Apr 30, 2009
When I was in business school, I was under the delusion that entrepreneurs used other people’s money to get rich. Now I would argue that this is the exception as opposed to the norm. When most of my friends and I started our businesses, we had very little financing. For me, it isn’t because I [...]
Read More »Posted by admin on Mar 12, 2009
I met with a prospect last week that is in serious trouble. Due to increased competition and reduced demand, they have sustained significant losses over the past few years. They have a turn-around plan. They have a good team of employees. They have the inventory to sell. They have clients to sell to. There is [...]
Read More »
