by Tate Parker | May 2, 2019 | Business Owners/CFOs
I am not an economist and as the hotel commercial says, “I didn’t stay at a Holiday Inn Express” either! With that disclaimer out of the way, more and more evidence of an economic slowdown is creeping into conversations these last few months....
by Tate Parker | Jan 29, 2019 | Business Owners/CFOs, Business Owners/CFOs
Two years ago, I bought a new car that replaced my 2004 Toyota Camry with over 530,000 miles (it was a good day at the Toyota plant)! It has all the latest technology that didn’t exist when my Camry was built: Bluetooth, backup camera, blind spot warning and...
by Tate Parker | Aug 21, 2018 | Business Owners/CFOs
An auto industry association surveyed key suppliers to Tesla recently and found that most are becoming very concerned that Tesla has become a financial risk to their business. The survey uncovered several stories that shine a light on Tesla’s cash flow problem...
by Tate Parker | Jul 24, 2018 | Business Owners/CFOs
Have you ever walked away from new business because you were afraid it was too risky? Here are three quick stories of clients of mine that were able to avoid doing that. The first example is a large industrial contractor that was approached by a large international...
by Tate Parker | Jun 20, 2018 | Bankers/Lenders, Business Owners/CFOs, Credit insurance basics
Healthy cash flow is the foundation of a stable business. It’s also what business lenders look at when determining how much credit to extend. But how do you protect the health of your business’s most important asset? Insure it. Most business owners I talk to don’t...
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