Business executives and owners of privately held businesses wear many hats, each of which require different skill-sets. Yet, at the same time, the pressures of running a business often leave little time for the continuing education that can benefit them. Financial Poise provides easily digestible, highly relevant information that business people can use right away to make their businesses better.
Raising a venture capital fund for your business relies on the right fundraising model. Learn how to plan, identify and execute your VC route to success.
There’s an old fable in business about The Chicken and The Pig. Long story short: the Chicken is involved; the Pig is committed. Real, committed leadership is about being the Pig, not the Chicken.
Business owners should educate themselves on non-bank capital alternatives, such as high interest rate debt. Most businesses face adversity at some point. Understanding what options are available can be the difference between success and failure.
Directors must protect their shareholders’ tangible and intangible assets, regardless of the form of the threat. Directors need to initiate protective actions and provide on-going oversight for cybersecurity.
When people seek out support for concerns, problems or even crises, we often feel inclined to offer advice. We want to alleviate the stress and solve the problem. We offer solutions that, most likely, the person we are addressing has already considered. As intelligent human beings, we dive into fixing mode — regardless of the futility.
By definition, the word “defer” means “to put off or postpone.” How exactly does this apply to the accounting for your business? Well, “The Deferreds” refer to the deferred assets and liabilities you may need to record under GAAP. There are several common categories of deferred liabilities: Deferred revenue, Deferred rent, Deferred compensation, and Deferred tax.
Like most things, the so-called Intellectual Property clause isn’t as clear as we’d like. Experts often refer to this clause as the patent and copyright clause, because “science and useful arts” refer only to patented and copyrighted creations.
At The Leading With Courage Academy, we meet a lot of people who reached the C-Suite who tell us that they don’t need to learn more about themselves or to further sharpen their leadership skills. They tend to rationalize like this: “I’m the (CEO, CFO, CMO or CXO) and know all of that stuff.”
Leadership is an ingrained quality. It’s a blend of charisma, bravery and confidence that allows certain people to take charge. To lead well requires more than just innate talent. Natural leadership is not the same thing as effective leadership. So, how do you develop effective leadership? You work at it.
Conflicts between business partners are nearly inevitable. Thankfully, there are a number of ways for parties to negotiate up-front. Precautionary agreements give you space to resolve issues more easily or, at least, provide a picture of what the result will be when resolution is not possible.