This is the final blog after our 3 Steps in Dealing with a Financial Pandemic and Phase 2 Steps in Dealing with a Financial Pandemic blogs. Step 1: Discover your “new normal” You and your business have experienced a major life impact event which requires a change in thinking and Read more…
This is a follow up blog on our 3 Steps in Dealing with a Financial Pandemic published March 27, 2020. Step 1: Cash Management The newly approved federal rescue programs are now being put in place. Contact your banker to get in the queue and complete the SBA application forms. Read more…
Here is a three-part process summary that we recommend getting through the current economic shutdown. Step 1: Cash is King Contact your landlord and negotiate a 90-day rent delay. You may have to settle for a major reduction rather than 100% but you are in the driver’s seat. Many local Read more…
Currently interest rates are near historic low points and make long term borrowing attractive. On the other side is the bank that does not want to lend long-term at today’s rates. What can you do when the bank says no to fixed rate, long-term loans? It is called interest rate Read more…
Managing employees and their benefits is becoming more difficult by the day. The rules and regulations surrounding employees are complicated, require a great deal of reporting and compliance, and may create liability on the part of the company and its owners. One of the options to address the multiple requirements Read more…
Some lessons are best learned by repetition: doing it over and over and learning from our own mistakes. Selling one’s business is usually not repetitive, but this story is about an owner selling three times. If I could offer one bit of advice to an owner thinking about selling: The Read more…
C Squared Solutions has just launched our new website. More video More personal messaging Clarity of purpose These are just a few of the things you will notice when you visit. Why? Because we have seen a migration of our client base over the last 18 months from boomers to Read more…
Do you ever ask yourself if you are doing the right things in your job or if you should focus on different tasks? This is the key to keeping your day productive and making your job more satisfying. You may be pinned down by a specific job description that is Read more…
It’s the 20th of the month and are you able to tell how profitable your company will be at month-end? If not, you may not be measuring the right stuff! Continuous measurement of key business drivers, also known as metrics, is critical in high performing 21st century companies. When the Read more…
In our current economic environment, many companies have outgrown their management bandwidth; meaning there is more to do than management has time to do it. This includes timely decision making. In a recent article in McKinsey Quarterly, published by McKinsey & Company, they reference a survey of more than 1,200 Read more…