Florida CFO Group Blog

Helpful topics from Florida CFO Group's experienced CFOs

Alternative Financing

Florida CFO Group partners Dick Trueblood, Tom Walker and Dale West discuss alternative financing for small and large organizations.

Alternative Financing to Fuel Growth

Tom: You should always be looking at all of your financial options, from traditional banking to alternative financing and any combination that would maximize what your company needs for financing its operation.

Dick: It may be alternative financing, but it is not unusual financing. It is just one of the set of tools that is available to help provide a company with the sort of liquid working capital that it needs to do business. It can be quicker. It can be easier. It can be not much more expensive. And it is a great growth tool. It is not necessarily an I am in trouble tool.

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What You Need to Know About Cash Forecasting

Florida CFO Group partners Joe Price, Dick Trueblood, and Tom Walker discuss the importance of cash forecasting for small and large organizations.

Tom: Cash flow analysis is very important for a business to be successful. 82% of businesses fail due to poor cash flow management skills. It doesn’t matter how great a business model, how profitable, or how many investors a business has lined up. You will not survive if you don’t manage cash flow.

Joe: Knowing what your cash balance in the company bank account is NOT cash flow management.

Dick: Right. And just because your business is profitable, it doesn’t mean that it has good cash flow.

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