Profitability at Professional Service Firms: Do You “Get it,” or Not?
By Jonathan Wolter
As a professional, one might presume that the economics of consulting firms, marketing and PR agencies, law and accounting firms, and other types of professional service organizations are relatively straightforward. In terms of making money and turning a profit, many people think – “how hard can it be, right?” Yet,…Read More
Read MoreCash Management: Pay It Now or Pay It (A Lot More) Later
By John Supan
Best (and Worst) Practices for Cash Management When Cash Resources Are Scarce Entrepreneurial technology businesses are often in need of critical cash to continue operating while seeking additional debt or equity financing for growth. Some simple but very short-term ways to stretch cash include delaying vendor payments and accelerating customer…Read More
Read MoreGoing Public is Not The Endgame and It Is a Different Game
By Cal Hoagland
The recent series of companies filing for IPOs has revived conversation about IPO millionaires and the potential for companies going public to reap huge benefits in terms of fundraising. Many see IPOs as a highly sought-after “end game” but actually, at FLG, we know an initial public offering should really…Read More
Read MoreThe Technology CFO As A Master of Business Intelligence
By Eric Mersch
In today’s technology world, the job of a Chief Financial Officer extends well beyond accounting and reporting. Faced with hyper-competitive markets, technology companies increasingly demand real-time data, and that information exists in systems which are typically managed by both the Chief Technology Officer and the CFO. And while today’s CTOs…Read More
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