by Tate Parker | Feb 26, 2019 | Business Owners/CFOs, Insurance Brokers
Utilities have always been one of the safest investments around. A few weeks ago, PG&E one of the largest electric and gas utilities in the US, filed for bankruptcy protection because of $30 billion in liability for wildfires in 2017 and 2018 in northern...
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 | May 29, 2018 | Business Owners/CFOs, Business Owners/CFOs
If your largest customer filed bankruptcy, what would it do to your business? Force YOU into bankruptcy? Drain your profits for the year? Keep you from paying your suppliers or making payroll? Make you take on debt to stay afloat? Hear a quick story about my client...
by Tate Parker | Apr 10, 2018 | Business Owners/CFOs
Corporate bankruptcy has been used as a tool to solve non-financial problems for years. Two examples are in the news now and all business owners and financial managers should watch and learn so you aren’t the victim. Using bankruptcy to avoid management...
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