Regional Turnaround Management Conference
Regional Turnaround Management Conference

Last week I attended the Regional Turnaround Management Conference in San Antonio. Several interesting trends and comments were made. The most enlightening were from an economist, Don Reynolds, out of Fort Worth. If you ever get a chance to hear him, do so! He is very entertaining and filled with common sense. Some of his predictions were as follows:

Regional Turnaround Management Conference Predictions

– The recession (yes, we are in a recession) will last longer than people think. Most probably 12 – 15 months vs the 6 months that is being tossed around.
– Housing has yet to see the 2nd shoe fall
– same for the credit card markets. Their next!
– There is a major de-leveraging of risk going on in the global markets which will take 5 years to work out of the systems. Presently, we are 2 1/2 years into the cycle.
-Underwriting standards at banks are going up. (Even in Houston, Texas!)
– Finally, there is a commodity bubble that will have to be dealt with.
You would think that in the middle of oil country everyone would be optimistic. However, the mood would best be described as nervous. We all know that the world is a global market. If everyone has a cold chances are you will too.
Download your free External Analysis whitepaper that guides you through overcoming obstacles and preparing how your company is going to react to external factors.
Regional Turnaround Management Conference
[box]Strategic CFO Lab Member Extra
Access your Projections Execution Plan in SCFO Lab. The step-by-step plan to get ahead of your cash flow.
Click here to access your Execution Plan. Not a Lab Member?
Click here to learn more about SCFO Labs[/box]
Regional Turnaround Management Conference


The Struggles of Private Company Accounting

Building your Accounting Department… When I meet a business owner operating at a successful $10+ mil in revenue I often hear them say “My CPA…” and I immediately know they are referring to a tax CPA. One thing ALL entrepreneurs have in common is that they have to file a tax return. So from day

Read More »

CPA’s are Specialized

The Difference in CPAs Looking back at my career I don’t know how many times I have introduced myself to someone and they ask, “Are you a CPA?” and I say yes. Then they tell me “you must be very busy with tax season” and I look at them with a bit of awe and

Read More »

How to Improve Your Resume

The concept of resumes might seem difficult to grasp at times. After all, you’re set with the task of conveying all of your life’s accomplishments and skills in a single sheet of paper. Creating a good resume is an essential skill necessary to be successful in the workforce. A good resume can be the difference

Read More »


Financial Leadership Workshop

MARCH 28TH-31ST 2022


Financial Leadership Workshop


June 12-15th, 2023

WIKI CFO® - Browse hundreds of articles