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Posted by admin on Jan 17, 2012 | No Comments
MACPA Controllership Conference, September 27, 2011 Suburban Showplace in Novi, MI The Michigan Association of Certified Public Accountants (MACPA) is a statewide organization promoting the accounting profession in the business, education, government, and public sectors. Every one of its 18,000 members is a certified public accountant (CPA), meaning that they have met, and maintained the [...]
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Posted by admin on Dec 17, 2009 | 31 Comments
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 [...]
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Posted by admin on Nov 25, 2009 | No Comments
“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”, [...]
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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 [...]
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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 [...]
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