Most small companies can’t get rid of the Old Year fast enough. Was it survival of the fittest in 2009, or of the most prudent? Were you just lucky, or were some of your decisions really pretty smart? Now that it’s all been said and mostly done, what did the experience of 2009 really teach you about better management of your business?
It was never my intention to mix finance and religion. But I got drafted – 26 years ago when the pillars of my local church discovered that they had a practicing CFO among their parishioners. So it has come to pass that ever since then I have been a member of a kaleidoscope of good […]
When I closed my eyes and just listened to the conversation, it was 40 years ago in the fourth floor walk-up that the four of us shared in Allston. Here was Johnny’s in-depth analysis of almost any business subject; Jim’s minute-by-minute assessment of the vagaries of the stock market; Mark’s perspective on the woes of […]
The recession has shifted the buyer-seller negotiation in favor of the buyer. Competing for the order seems to involve ever-more concessions by the seller. Even closing the sale doesn’t mean that the race is over. The baton gets relayed from sales to finance, and until payment clears there are a lot of potholes in the road to the bank.