In this age of technology, it’s time for companies to be willing to exploit new business opportunities. More than ever before, companies are navigating this fast-pace and uncertain terrain. Bankruptcies, mergers, acquisitions, reductions, etc… It’s all changing the business landscape. But if companies do not exploit new business opportunities in fear of failing, then they
Your business sucks… How does that make you feel? Probably upset, maybe a little defensive. But what if it’s the truth? Many entrepreneurs generate new ideas as if it were a bodily function. As you have likely seen, not all ideas result in a multimillion dollar venture. Some of those ideas will fail to even bring a penny in!
Many of us struggle with the notion of networking. We know we should do it, but how do you fit it in with everything else going on? Given that the benefits of networking are often not seen until months or years later, it’s easy to put it at the bottom of the “to-do” list. Networking
The True Definition of Entrepreneur What is the true definition of entrepreneur? Some say that it is a person who runs a business at his own financial risk and others may say it is someone who organizes and manages any enterprise. However do those “textbook” definitions truly define an entrepreneur in this day and age?
As part of my research on leadership for our Coaching Workshops, I met with several Houston-area entrepreneurs to determine what a CEO wants in a CFO. One of the last people I met with made a comment that I felt summed up all the things the CEOs were looking for. He said he was basically looking for
Entrepreneurs and businesspeople have many different definitions of what is a business model. Business Model Definition In the simplest form, business models are the method and strategy that a business or organization uses to operate. This includes the purpose, systems, and people that work together to add value to customers. These components can either be
Hey, did you have your favorite brew for breakfast this morning? I did! Did you have your favorite brew for breakfast this morning? I was on my way to The Strategic CFO office today and stopped by the HEB off of 290. As I walked up, I noticed a new coffee shop inside of HEB
See Also: What do Lenders Really Look at What Does a Lender Want to Know Don’t Tell Your Lender Everything Due Diligence on Lenders Every Business Has a Funding Source, Few Have a Lender Relationship With Your Lender The question I get most often from people is “What affects my relationship with my lender the
See Also: External Sources of Cash What Does A Lender Want To Know Finding The Right Lender Due Diligence on Lenders Weighted Average Cost of Capital (WACC) Mezzanine Financing A mezzanine lender, provider of mezzanine financing, functions similar to a bank in terms of providing a source of capital for companies. They get their capital
See Also: Bankers’ Language is Financial Jargon Categories of Banks Finding the Right Lender How to Manage Your Banking Relationship Interest Rate Is it Time to Find a New Bank? Every Business Has A Funding Source, Few Have A Lender While visiting with a potential customer, he asked, “Why are lenders such an obstacle standing
I visited the world famous Breakfast Klub on June 30th for the first time. I had heard all about the famous restaurant but never made it to taste the food. Good Morning America, USA Today, Forbes, and Esquire Magazine agree that The Breakfast Klub is one of the top breakfast restaurants in the nation. This
See Also: Cash Flow Statement Statement of Financial Accounting Standards (SFAS) What is GAAP? Daily Cash Flow Forecast Prepare an Investor Package Cash Flow Statement Example For example, Saundra has started providing angel investment to promising start-up businesses. Operating under the name Angelco, she is using the wealth she built in her professional career to