-
Crowdfunding…help for small business financing?
Crowdfunding…help for small business financing? Doug Jones I will admit it…until recently I had not focused on the progress of the proposed “crowdfunding” legislation in Washington. Maybe the message was drowned out by all of the noise related to government shutdowns, default, gridlock, primary ads and other negative stories. Crowdfunding, which MacMillandictionary.com defines as “use of the web or another…Read More -
Proposed Lease Accounting Rules: How will they impact your business?
As the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) propose changes to the accounting for lease transactions, the Equipment Leasing & Finance Foundation (ELFF) has released a study quantifying the impact of the changes if they are implemented as proposed. In their most basic form the proposals call for the elimination of operating leases, which…Read More -
“Investor-ready” Financial Models
“Investor-ready” Financial Models - Doug Jones, Director Fahrenheit Finance Recently I read an excellent article by Mike Periu about getting your financial model “investor-ready”. Mike explains some key “do’s and don’ts” for preparing models for potential investors. In addition to his fine advice, let me add a few more suggestions about model preparation: It is all about cash flow. Non cash…Read More -
Virginia State Tax Credits
Without passing judgment on the principals in this story, a recent article that caught my attention in RichmondBizSense is a good reminder about the continuing controversies concerning Virginia state tax credits. For those considering purchasing rehabilitation or conservation credits: Buyer Beware. Be sure that you are purchasing from a credible source on whose due diligence you can rely that the credits will…Read More -
Budgeting: Part II
Budgeting: Part II Doug Jones, Director Fahrenheit Finance This seems to be the season for articles that throw budgeting and financial planning under the bus in favor of better strategic planning with an emphasis on words rather than numbers. The authors usually begrudgingly admit that the numbers have their place, but conclude that success is really all about having a…Read More -
Are You Irreplaceable in Your Business?
As the leader of a business, getting away from day-to-day chores allows you to spend more time on the company's long-term growth plan. We thought this article had great points on how to make sure your business can thrive without you. And, it discusses five steps to get there! Check it out and gives us your thoughts.Read More -
Regulatory Changes Governing Key Aspects of Qualified Retirement Plans – What you Need to Know
As the fiduciary of your qualified retirement plan, you should be aware of important regulatory changes that are scheduled to take effect in 2012. The new requirements are a result of the Department of Labor’s continuing effort to make retirement plan fees, and the services for which the fees are charged, more transparent to you (the plan sponsor) and to…Read More -
Budgeting for 2012: What I would like to say vs. what I have to say…
We have limped into the 4th quarter of the year, the traditional time for starting the planning and budgeting process for the next year. I wish I didn’t feel the need to write this piece, not because I am against planning and budgeting…to the contrary, I think they are critical to the continued success of any organization. Rather I had…Read More -
Valuation Math
The September 7, 2011 edition of Inc. includes an article with the tantalizing title “The Math Behind Your Company Valuation.” The first sentence draws the reader in even more by asking “Have you ever wondered what a business like yours would sell for?” The article specifically relates to sales to “financial buyers”, who look at a purchase strictly on a…Read More -
Keys To Steering Your Business Through The Down Market
We recently found an article highlighting seven tips for small business success in the current market. The author, Tom Harnish of Aerodite Inc., did such a great job covering the major points, we wanted to share his insights with you. There is no doubt that the market is putting the squeeze on many businesses, but there are some steps you…Read More -
3 Things to Know to Get a Business Loan
For small businesses, lenders can tell from a glance at your loan application if it is worth considering. All they want to know is the answer to these three simple questions: Can you pay? Will you pay? What happens if you don’t? The lender’s decision will involve a careful look at the details, which is done to confirm and…Read More -
Working with Great Clients…like Rainbow Station!
Since we launched Fahrenheit Finance, we have worked with some great clients. And, we have learned what makes some clients great to work with. Recently, we were engaged by one of those clients, Rainbow Station, hiring our firm to become the Fractional CFO for their company. (Check out their recent press release announcing this here) So, what do we think makes…Read More