Tag Archives: risk

Does Your Business Have a Buy-Sell Agreement?

This week’s article is by Arthur F. Rothberg, Managing Director, CFO Edge, LLC. Small and mid-sized business owners without buy-sell agreements increase risks of negative outcomes for their families, partners and employees should they unexpectedly pass away or become disabled. … Continue reading

Posted in Business Valuation, Buy-Sell Agreements, Buying a Business, CFO Services, Contract Negotiation, Exit Planning, Los Angeles, Selling a Business, Succession Planning | Tagged , , , , , , , , , | Leave a comment

Building Resilience: The Role of the Finance Department

This week’s article is by John W. Braine, Partner, CFO Edge, LLC. With cybercrime and other major business disruptions increasing in frequency and scope, an essential strategy is to make building resilience the role of the finance department. With its … Continue reading

Posted in Accounting & Finance Departments, CFO Services, Data Security, Disaster Recovery Planning, Financial Leadership, Financial Strategy, Los Angeles, Risk Management | Tagged , , , , , , , , , , , | Leave a comment

Should Your Company Purchase Accounts Receivable Insurance?

This week’s post and linked full PDF are by Arthur F. Rothberg, Managing Director, CFO Edge, LLC. As an executive leading a closely-held business and continually attuned to risk management, the risk of non-payment by a large customer poses a compelling … Continue reading

Posted in Accounting & Finance Departments, Accounts Receivable, Accounts Receivable Insurance, Cash Flow, CFO Services, Los Angeles, Risk Management | Tagged , , , , , , , | Leave a comment

How Might Disruptions in China Affect You & Your Business?

This week’s post and linked full PDF are by William K. Thorpe, Partner, CFO Edge, LLC. With China’s recent falling stock market affecting other world and U.S. stock markets, it is prudent to look at how disruptions in China might affect … Continue reading

Posted in CFO Services, Enterprise Risk Management - ERM, Financial Trends, Los Angeles, Operational Analysis, Operational Infrastructure, Risk Management, Supply Chain Management | Tagged , , , , , , , , , , , , | Leave a comment

Internal Controls: Essential Periodic Testing & Maintenance

This week’s post and linked full article are by Sherry Rahbar, Partner, CFO Edge, LLC. With recent reports that three out of every four companies experience fraud of some type, it is essential that Los Angeles and Southern California executives submit … Continue reading

Posted in CFO Services, Embezzlement, Fraud Prevention, Internal Controls, Los Angeles | Tagged , , , , , , , , , | Leave a comment

Trust, But Verify Your Processes & Procedures

This week’s article is by William K. Thorpe, Partner, CFO Edge, LLC. Los Angeles and Southern California executives can benefit from financially and operationally applying a three-word phrase used by President Ronald Reagan in the 1980s: “Trust, but verify” your … Continue reading

Posted in Accounting & Finance Departments, CFO Services, Corporate Governance, Embezzlement, Financial Operations, Fraud Prevention, Los Angeles | Tagged , , , , , , , , , | Leave a comment

Why Enterprise Risk Management Is Critical for Small & Mid-Sized Firms

This week’s post is by John W. Braine, Partner, CFO Edge, LLC. To correctly balance financial and operational sides of their companies, it is important for Los Angeles and Southern California executive to understand why enterprise risk management is critical … Continue reading

Posted in CFO Services, Corporate Governance, Embezzlement, Enterprise Risk Management - ERM, Fraud Prevention, Los Angeles, Risk Management | Tagged , , , , , , , , | Leave a comment

Prevent & Detect Fraud Before It’s Too Late

This post and linked full article are by Howard Goldman, Partner, CFO Edge, LLC. While many Los Angeles and Southern California executives believe that embezzlement and fraud would never happen in their companies, both can occur in any business. Employees … Continue reading

Posted in Embezzlement, Fraud Prevention, Internal Controls | Tagged , , , , , , , , , , , , , | Leave a comment

Don’t Launch a New Business Venture Without a Trial Run

This week’s post and linked full article are by Michael K. Menerey, Partner, CFO Edge, LLC. Many entrepreneurs – both first-timers and veterans – plunge directly into launching new ventures without first vetting their ideas. Not testing a new business … Continue reading

Posted in CFO Services, Financial Strategy, Los Angeles, Startups, Strategic Planning | Tagged , , , , , , , , , , | Leave a comment

How to Help Your Clients Vet New Clients of Their Own

This week’s post and linked full article are by William K. Thorpe, Partner, CFO Edge, LLC. With the rebounding economy, many Los Angeles and Southern California businesses are bringing in new customers. But an important question needs to be asked: … Continue reading

Posted in CFO Services, Customer Relationship Management, Los Angeles, Risk Management | Tagged , , , , , , , , , , , , , | Leave a comment