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When Your Big Customer Wants to Pay Late
Seven tips for business owners dealing with delinquent large customers. From CFO.com. ****************************** When Your Big Customer Wants to Pay Late Big businesses increasingly are making small suppliers wait longer to get paid. Here are seven strategies for pushing back. David Rosenbaum It’s the new normal: big companies are paying their bills late, later, and […]
American Taxpayer Relief Act of 2012
Thank you to J.T. Aughinbaugh with JPMorgan in Fort Worth for providing this summary of the key provisions of the American Taxpayer Relief Act. ********************************************* American Taxpayer Relief Act of 2012 On January 2, 2013, the President signed the American Taxpayer Relief Act, thus ending the nation’s brief stint over the “fiscal cliff”—a confluence of […]
Why 2013 May Be a Very Good Year
From our friend, Bob Hampton at Impart Financial: ************************************ WHY 2013 MAY BE A VERY GOOD YEAR If the fiscal cliff is averted, stocks may have all kinds of reasons to rise. Presented by Bob Hampton What if the future is more bullish than the bears assume? With 2013 approaching, stock market volatility seems to […]
Five Things Your Accountant Won’t Tell You
From SuccessfulBusinessNews.com. We’d certainly be interested to hear feedback from our accounting friends. **************************** Five Things Your Accountant Won’t Tell You “Not Everyone Knows What They Are Doing”. Please be careful when choosing a CPA. Some studies show that as many as HALF of all tax preparers aren’t certified public accountants. Some are nothing at […]
Single-Family Offices Warm Up to Private Equity
Since many family offices are founded by successful entrepreneurs, they can be valuable investors not only for the capital they provide, but also for the experience and industry connections they’ve cultivated. ******************* From Mark Boslet at PEHub.com: The secretive world of single-family offices has become a more meaningful source of capital for private equity […]
Angel Financing
From CFO.com: Just Call Me Angel Smaller companies in search of cash have a new source: big companies. Alix Stuart, CFO Magazine When finance executive Ane Ohm joined Harqen, an early-stage company that makes tools to index and analyze recorded phone conversations, one of her reasons for taking the job was, in a sense, lofty: […]
Capital vs. Confidence
From CFO.com: Capital vs. Confidence Banks say they want to lend to smaller companies, but credit remains tight. Is relief in sight? Alix Stuart, CFO Magazine Last September, Centennial Bank announced that the U.S. Treasury Department had granted it $1.8 million through the Small Business Lending Fund (SBLF). Jim Basey, Centennial chairman and CEO, says the […]
CFOs Prefer a Simpler Tax Code, Even if They Don’t Save
From CFO.com: CFOs Prefer a Simpler Tax Code, Even If They Don’t Save New Duke University/CFO Magazine Global Business Outlook Survey finds finance executives united in their desire for tax reform. Kate O’Sullivan, CFO Magazine There are many points on which most finance chiefs disagree with the country’s chief executive, President Obama. But they are united […]
2012 Predictions from the Center Mid-Field (CMF)
From CMF Associates in Philadelphia: November 3, 2011 2012 Predictions from the Center Mid-Field (CMF) Economic Predictions U.S. unemployment ↓from 9.0% to 8.7% U.S. GDP ↑ from 1.4% to 2.4% Fed funds rate will remain unchanged at 0.1% Ten-Year Treasury Note rate will ↑from 3.0% to 3.8% Savings Rate ↓ from 5.2% to 4.5% Budget […]
Important Tax Alert
From friend of the firm, Marvin Blum, The Blum Firm, PC: IMPORTANT TAX ALERT! Although we have been hoping that there would be no major tax law changes until December 31, 2012, we are now concerned that significant changes could take effect before the end of 2011. Last month, Congress voted to increase the nation’s […]
