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Recent Post
Posted by admin on Jun 26, 2009 | 3 Comments
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 [...]
Read More »Posted by admin on Apr 30, 2009 | 1 Comment
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 | 1 Comment
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 [...]
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