CFO Share

APRIL 12, 2024

Business owners focus mainly on reward (profit), which is easy to measure, while tragically few entrepreneurs look back on a month with low profits and say, “well, at least we managed our risks properly.” Despite the general preference to focus on profits, financial risk management is crucial to long-term success.

Risk Management 104

Risk Management CFO Restructuring Sales 104

Spreadym

SEPTEMBER 12, 2023

Budget preparation is the process of creating a detailed financial plan that outlines an organization's expected income and expenses for a specific period, typically for a fiscal year. This process is essential for effective financial management and decision-making, whether it's for a business, government agency or non-profit organization.

Budgeting 59

Budgeting Strategic Planning Forecasting Economics 59

CFO News Room

NOVEMBER 8, 2022

Michael Kitces is Head of Planning Strategy at Buckingham Strategic Wealth , a turnkey wealth management services provider supporting thousands of independent financial advisors. In 2010, Michael was recognized with one of the FPA’s “Heart of Financial Planning” awards for his dedication and work in advancing the profession.

Restructuring 130

Restructuring Planning Accounting Marketing 130

PYMNTS

JUNE 23, 2016

Normally, the week’s headlines are filled with merchants stuck in a death spiral of slow sales and lackluster supply chain management. Despite originally filing for bankruptcy back in April, surf chic apparel retailer PacSun has now filed documents canceling the expected sale of its assets.

Restructuring 40

Restructuring Retail Sales Accounting 40

PYMNTS

MAY 5, 2016

From 2009 to 2013, same-store sales increased by marginal amounts in 2011 only and decreased by 6 percent in 2009, 10 percent in 2012 and 4 percent in 2013. In 2007, Hancock Fabrics filed for Chapter 11 bankruptcy protection and closed more than a 100 stores in a year-long restructuring process. As of Feb.

Retail 44

Retail Restructuring Planning Sales 44

PYMNTS

MAY 26, 2016

Sports Authority is officially gearing up to begin a widescale going-out-of-business sale that could see metric tons of low-priced, ready-to-move athletic apparel flood the market. this is a fire sale of the highest order. With upwards of 460 stores spread across the U.S.,

Profit and Loss 40

Profit and Loss Restructuring Retail Sales 40

PYMNTS

JULY 27, 2016

John Lennon and Paul McCartney sang that they got by with a little help from their friends, and when retailers are teetering on the brink of bankruptcy, the backing of a financially sound ally can mean the difference between restructuring and liquidation.

Entertainment 40

Entertainment Restructuring Construction Retail 40