Financial Poise

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accrued expenses

‘Know Thy Numbers’ Installment #7 – Accrued Expenses

Accrued expenses aren’t as well-known as accounts receivable, inventory, and accounts payable, but ignore this accounting concept at your peril. 

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appropriate business attire

Science: Dressing for Success Means Appropriate Business Attire

Science says appropriate business attire influences careers, paychecks. Learn how to dress for success and why it matters.

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assembling the right transaction team

Assembling the Right Transaction Team: Tips for Selling Your Company Successfully

The key to a successful business sale is assembling the right transaction team. A business sale goes smoothly when everyone’s interests align and the right transaction team comes together.

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Beauty Bias Can Blemish (or Boost) Your Career

Beauty Bias Can Blemish (or Boost) Your Career

Despite what we may hope, beauty bias is present our lives and in the workplace. It can impact on how others perceive you, the promotions you obtain, and how much money you make. Here are some tips to help you gain confidence in how you present yourself.

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A man and woman chat at a coffee shop, symbolizing good governance and communication in family businesses

Without Good Governance, Family Businesses Go Nuclear 

3 Case Studies on the Importance of Good Governance To put it bluntly, proper governance does not come naturally for most private and family businesses. It requires leadership to understand […]

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A family takes a selfie in front of a castle, symbolizing the fun in family governance

Lessons on Family Governance in Business

The Cornell/Loyola Family Business Roundtable brought together thought leaders to discuss business and family governance. Here are the key takeaways.

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An exit sign on a highway, symbolizing that business owners should not wait to sell their company

Don’t Wait to Sell the Company

A business owner refused to sell the company amidst a changing market and growing debt. Here’s why waiting too long to sell hurt his business exit. 

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Distressed Debt Investing

An Alternative Exit Strategy for Distressed Business Owners

What happens when a family business with debt and no exit strategy faces a crisis? Read about their alternative solution: a distressed debt investor.

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choosing an advisory board

3 Advisory Board Styles to Fit Every Business

Advisory Board Roles and Responsibilities for Any Stage of Business The boards of directors of for-profit and non-profit organizations have the same fiduciary responsibilities: duty of care, duty of loyalty […]

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Getting In Shape

Keeping Your Resolutions Throughout the Year: The Key to Staying Fit and Healthy

Don’t Be a ‘Ghost Member’ of Your Gym It’s that time of year again. Everyone making New Year’s Resolutions to “get in shape once and for all!” It is no […]

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