If raising money for your favorite nonprofit is high on your list of concerns these days, Nonprofit Business Advisor (Jossey-Bass/Wiley) …
Whether you simply refuse to struggle through one more recession or simply feel that it’s time to wrap it up, your exit is a life event with a bewildering array of options. Assuming you’ve built a business that has real staying power, you could sell it to your employees through an Employee Stock Ownership Plan (ESOP) or transfer it to your children to carry on as a family business. However if your retirement fund is essentially the business, you may want to know that it will produce the cash you will need for the next 10, 20 or more years. And that likely means selling the business to outsiders who will pay cash for it rather than giving it to the kids and hoping for the best.
The February 1 Wall Street Journal (today’s) carries a front page article (“When the Home Bank Closes“) about the founder …
"…three out of four small businesses that applied to banks for credit in 2010 got none or only some of …
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The relationship between Accounts Receivable and Accounts Payables
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