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CEO Roundtable Organization Grows Through COVID
Fahrenheit Managing Director, Jay Carpenter met with Executive Director of the Virginia Council of CEOs, Scot McRoberts to learn how the council has pivoted during COVID times in this short video. Learn how the Council has expanded its reach by transitioning from a boots on the ground to a virtual model to recruit and connect small and mid-sized business CEOs…Read More -
President Signed Stimulus Bill to Aid Small Businesses
The President signed the COVID Relief bill on Sunday, December 27, 2020, but also made several suggestions about how it could be changed. It is not anticipated that Congress will be able to agree on the changes and the bill will go into effect as originally written. Fahrenheit Advisors Managing Director, Doug Jones, outlined key highlights of the bill in…Read More -
Proactive Risk Management Planning Guidelines
Although none of us anticipated the challenges 2020 would bring, we can learn from this time and be better prepared for the next unforeseen challenge. As business leaders, we talk a lot about risk management and risk planning. But how much time have we devoted to planning for risk rather than just fighting the fires as they appear? People are…Read More -
5 Steps to Create a Solid Total Reward Mix
It is safe to say that we will all be glad to put 2020 behind us and look forward to a brighter 2021. Just what 2021 will look like remains to be seen, but some of the forced changes to our work habits will trend into the new year, and perhaps beyond.
Last decade, one overwhelming trend in total rewards…Read More -
Payroll Record Keeping Guidance During COVID-19
The subject of payroll has been top-of-mind for business owners this year. The COVID-19 pandemic triggered economic changes that caused considerable fluctuations in the size of many companies’ workforces. Employees have been laid off, furloughed and, in some cases, rehired. There has also been crisis relief for eligible businesses in the form of the Paycheck Protection Program and the payroll…Read More -
4 Virtual Office Celebration Ideas During COVID-19
The year 2020 is coming to a close and typically this is the season where many of us and our employees celebrate various holidays and show gratitude for the family, friends, and other joys of this life. The question is exactly how do we do that during a pandemic and not lose the sense of connection while still maintaining everyone’s…Read More -
3 Tips For Leaders to Cultivate Gratitude
It has been quite the year. Nothing could have prepared us for what we have all been faced with.
Entering 2020, plans had been made whether organizational, professional, or personal. In a blink of an eye- Poof! Those plans evaporated being replaced with a foreign and highly contagious virus that was taking the world to its knees. As a human…Read More -
Strategic Planning During COVID-19 – Video Series Preview
In an upcoming 3-part video series, Fahrenheit Managing Directors Laura Bacon and Lud Kimbrough will discuss how your Strategic Planning process needs to incorporate the uncertainty that 2020 has created in the business environment. The new “Normal” is here to stay. They will address:
The importance of confident and humble leadership as you move forward with longer-term adaptive and creative…Read More -
Stay Interviews Improve Retention
For businesses, attracting and acquiring top talent are often very challenging and require significant resources. Recruiting can be costly and resource intensive. The cost of employee turnover is high for businesses. This adds significant operational cost to employers, lessening growth and profit. Turnover costs include those of the termination, recruitment, vacancy and learning curve. According to the Work Institute’s 2020…Read More -
Dominion Youth Services Leverages Fahrenheit for CFO Search
Dominion Youth Services (DYS) engaged Fahrenheit Advisors for their CFO Search. In this short video, the CEO of DYS, Troy Robb describes his experience engaging Fahrenheit Advisors to find the right Chief Financial Officer to accelerate the growth and help fulfil the important mission of DYS.Read More -
(UPDATED) The ROI of Leadership Coaching
What Fahrenheit author, Bill Meade said about investing in leadership coaching in May 2020 still holds true five months later, "the reality is that there is no better investment to make in effective leadership that can lead and deliver results, particularly during chaotic times like these." This was one of our most read articles this year during COVID times. Seven…Read More -
(UPDATED) COVID-19: Navigating the SBA Disaster Assistance Program
The SBA has provided $20 billion to small businesses and nonprofits through the Economic Injury Disaster Loan Advance (EIDL) Program. Fahrenheit business transformation expert, Tim Hayes has provided helpful resource links to access small business loans. Funds are still available with very affordable terms:
3.75% interest rate for small businesses
2.75% interest rate for nonprofits
30-year maturity
Automatic deferment of…Read More