CFO Talk:  The Perils of Ignoring the Income Trap

Welcome to the latest episode of “CFO Talk.” In this sequel to Do You Know What the Income Trap Is? Joe expands on the lessons he shared earlier with more examples to emphasize the perils of ignoring the income trap. In the sequel the wisdom of the balance sheet takes center stage and the nightmares of the Income Trap unfold. Host Steve Rosvold and guest Joe Connors, a premier banker on the U.S. West Coast, dive deep into the world where numbers aren’t just numbers—they’re the very lifelines of our businesses.

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The Tragedy of the CFO Staying in Their Own Lane

Years ago, a global consulting company, developed the slogan,

“Each employee comes with their own brain at no extra cost.”

In the years since coming across that slogan, I have had the opportunity to deliver talks to the Oregon Society of CPA’s, Institute of Management Accountants, the Financial Executives Network Group, and other professional organizations with Finance and Accounting professionals in the crowd.

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Cash Flow Creativity: Strategies to Keep Your Money Moving

Managing cash flow effectively is not just a financial task—it’s a vital strategy that breathes life into every business, influencing everything from day-to-day operations to long-term planning and growth. At its core, cash flow management involves monitoring, analysis, and optimisation of the cash entering and exiting your business. This dynamic process ensures that a company can meet its financial obligations, avoid excessive debt, and secure a prosperous future.

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Driving Your Strategy Through Data and Planning

Business and vacations are alike in one way: once you’ve established where you’re going, a plan and a map to get there are very helpful. While even the best-laid plans require adjustments you are better off forging ahead with one than without one. In the second of our 3 part series on planning, we cover creating the map for your strategy.

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