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Step 6 to Financial Recovery: Detailed Diagnosis
Here we are now at the mid-point in the process of financial recovery. We’ve talked about recognizing that the business is in trouble, getting your core team of executives to get some strategies...
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Step 7 to Financial Recovery: The Recovery Plan
We have come, finally, into the action stage of our 12-step financial recovery process. We have analyzed, come up with some generic solutions, run some alpha tests, gone back to the drawing board,...
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Step 8 to Financial Recovery: Long-Term Therapies
In continuing with our series on the 12 Steps to Financial Recovery, we are now moving on to the next step. So once you’ve done your in-depth diagnosis and have figured out your Recovery Plan for...
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Step 9 to Financial Recovery: Long-Term Financial Planning
Having done the preliminary work of assessing and working through the early stages of a business’s problems and road to recovery, we’ve recently talked about actually hashing out the Recovery Plan and...
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Step 11 to Financial Recovery: Managing the Recovery Process
In our series on the 12 Steps to Financial Recovery, we now come to the second-to-last step: Managing the Recovery Process. Now that the necessary leadership has been determined and has been seeing to...
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Step 12 to Financial Recovery: Financial Sustainability
At long last… we have reached the 12th and final step in our financial recovery series: the Outcome of Recovery, or Financial Sustainability. Finally! The goal throughout the process has been to...
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(Extra) Step 13 to Financial Recovery: When Recovery Fails
Over the course of this Financial Recovery series, we have told you there are 12 steps to recovery (as defined by the Government Finance Officers Association (GFOA)) – but, in point of fact, there is a...
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To Fully Disclose or Not to Fully Disclose. How Much Should You Share With...
We will be revisiting our Complaints Series for the next articles. As always, we want to help our readers understand funding better and what goes into financing a project. So today we talk about,...
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What’s wrong with 100% funding?
There’s all kinds of money to be had out there these days: mortgages, loans, crowd funding, angel investing, growth funding, acquisition funding, merging, debt financing, equity financing… but what...
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Are Lending Practices Too Strict Now? Part XII of Our Complaints Series
Have you tried getting a mortgage lately? It’s harder to obtain now than it was 5 years ago. Goodbye no-downpayment days, hello put-your-cash-where-your-future-house-is days. You need to show you have...
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