Tag Archives: risks

How to Minimize Risks in Family Business Succession

This week’s article is by Arthur F. Rothberg, Managing Director, CFO Edge, LLC. When considering passing their businesses to family members, owners should be aware of risk factors and understand how to minimize risks in family business succession. Succession risk planning … Continue reading

Posted in CFO Services, Estate Planning, Exit Planning, Family Businesses, Los Angeles, Risk Management, Succession Planning | Tagged , , , , , , , , | Leave a comment

Why You Need to Diversify Your Customer Base

This week’s post and linked full PDF are by Sherry Rahbar, Partner, CFO Edge, LLC. We’re all familiar with the importance of diversifying an investment portfolio to, for example, mitigate the impact of one stock’s or one sector’s price fluctuations. Similarly, … Continue reading

Posted in CFO Services, Customer Base Diversification, Customer Relationship Management, Customer Retention, Customer Service, Los Angeles, Sales Coverage Models, Sales Strategies | Tagged , , , , , , , | Leave a comment

The Need to Bring Finance & Accounting into the Digital Age

This week’s post and linked full PDF are by John W. Braine, Partner, CFO Edge, LLC. The need to bring finance and accounting into the digital age springs from a disconnect: while so much of our personal and business activities … Continue reading

Posted in Accounting & Finance Departments, Accounting Systems Design, CFO Services, Financial Infrastructure, Financial Leadership, Los Angeles | Tagged , , , , , , , , , | Leave a comment

The Benefits of Creating Effective Policies & Procedures

This week’s post and linked full PDF are by John W. Braine, Partner, CFO Edge, LLC. Sometimes overlooked by executives leading smaller firms are the importance and many benefits of creating effective policies and procedures (P&Ps). While they are often … Continue reading

Posted in CFO Services, Corporate Governance, Internal Controls, Los Angeles, Mission Vision Values & Culture, Operational Infrastructure, Policies & Procedures (P&Ps), Risk Management | Tagged , , , , , , , , , | Leave a comment

Start Preparing Now for New Revenue Recognition Standard

This week’s post and linked full PDF are by Howard Goldman, Partner, CFO Edge, LLC. While the effective dates have been delayed for the new FASB/IASB revenue recognition standard replacing industry-specific GAAP rules, Los Angeles and Southern California executives face … Continue reading

Posted in Accounting Systems Design, CFO Services, Corporate Governance, Financial Infrastructure, Financial Reporting, Financial Statements, Generally Accepted Accounting Principles (GAAP), Los Angeles, Revenue Recognition | Tagged , , , , , , , , , | Leave a comment

Challenges Business Owners Face in Raising Equity Funds

This week’s post and linked full PDF are by Mark S. Becker, Partner, CFO Edge, LLC. Faced with needs for cash infusions to grow their businesses and having primary options of debt or equity, Los Angeles and Southern California business owners … Continue reading

Posted in Business Loans, Capital Structure, CFO Services, Debt Financing, Equity Financing, Financial Strategy, Financing, Financing Presentations | Tagged , , , , , , , | Leave a comment

How to Execute an Organizational Turnaround

This week’s post and linked article are by Mark S. Becker, Partner, CFO Edge, LLC. With economic conditions now showing signs of life and growth, Los Angles and Southern California executives leading companies that have been struggling are now seeing … Continue reading

Posted in CFO Services, Expense Reduction, Growth Strategies, Los Angeles, Restructuring and Rightsizing, Turnarounds | Tagged , , , , , , , , , | Leave a comment

What’s the Right HR Management Model for Your Business?

This week’s post and linked full article are by Howard Goldman, Partner, CFO Edge, LLC. Human resources management frequently takes a back seat to other business functions that are seemingly more important, whether it is sales, marketing, operations or finances. … Continue reading

Posted in CFO Services, Employee Retention, HR Management, Los Angeles, Resource Management & Allocation | Tagged , , , , , , , , , , , , | Leave a comment

How Outsourced CFO Services Can Help Your Business Do Better Than “Fine”

A number of Los Angeles and Southern California business leaders we talk with share their perceptions that things are going well. Steady sales, good profits, and happy customers combine to make them ask, “Why do we need to bring in … Continue reading

Posted in CFO Services, Financial Strategy, Growth Strategies, Strategic Planning | Tagged , , , , , , , , , , , , , , , , | Leave a comment