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Best of Howe’s Bayou
Previous Issues of Howe’s Bayou
- Accounting (12)
- Banking & Financing (12)
- Budgeting & Forecasting (11)
- Cash Management (12)
- Compensation (10)
- Financial Management (37)
- Financial Reporting (11)
- General Management (46)
- Merger & Acquisition (9)
- Strategic Planning (9)
- Valuation (5)
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How do I Know…?
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They bit the dust within two weeks of each other. Exactly the same terminal problem, at least as far as our ownership was concerned. My 1998 BMW with 204,000 miles and her 2000 Beemer, with 176,000. I knew the time had come. The clutch had blown out on each of them. Yes, Annie and I…
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Biting into the Numbers
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Most small company owners will agree that timely and accurate financial statements are critical to their effective operational management. But that’s just the start. You’re the president. You have your controller’s monthly statement in front of you. What does it tell you? What other information should you and your managers be chewing on?
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Consider the Options
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“We can really use your financial expertise, Brad, but we can’t afford to pay you right now. What if we give you stock options instead?” There were times during the ’80s and especially in late ’90s when we heard that offer more than half the time with prospective clients. Of course, we were working frequently…
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Flashing the Cash
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What’s your cash balance this morning? What’s it going to be tomorrow morning, or a week from today? How much revenue have you invoiced this month, and for the year to date? What does the receivables balance look like vs. the payables? On a day-to-day basis, you run your company on cash. You can’t afford…