How to structure payment to your consultants depends on a couple variables. Is the project they are completing a short term or one time effort? Maybe an hourly rate with a cap or a set fee is best. Is it longer term? Eg ongoing Contract CFO Role, then a combination [...]
Just completed a very fun little project. My first mobile app plan! Someone wanted a simple looking model, couple tabs, where they could change key assumptions and see effect. There was a certain milestone for 6 months and a not to exceed in 3 years. I must say I enjoyed [...]
Attended Ropes &Grey presentation on venture debt and mezzanine debt today. Seems it is more popular now with early stage pre-revenue companies. Good panel. Silicon Valley Bank spoke to competitiveness of this market. Couple entrepreneurs spoke about the CFO role in the Financing Strategy and checking out the venture debt [...]
For May we are offering up to 4 hours free analysis. Explain your business and what you are trying to do, provide data in my secure site, receive back analysis you are looking for. This could be for a ppt, for understanding gross margin, for sales reps commissions, be creative, [...]
How do you talk to your employees about your cash position? On one side they don't understand how little there is so they are not as careful, frugal, they insist on autonomy, maybe an expense budget, they say they need more people, need more equipment. On the other side if [...]
Do you have ongoing projects that you thought your staff could absorb and handle but now those projects just won't come to a conclusion? You and many others have had this experience. Your team already works hard. The projects that either make things easier, provide more or better information, or [...]
Does your bookkeeper give you financials that leave you with questions? Let me come by at month end, review and report. Your bookkeeper can email me any time for real time answers.
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