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3 Components of Financial Clarity

Posted By: Ken Kaufman,   

Some of my blog writing time has been directed to fulfilling a request to provide articles for the American Express Open Forum®.  The first one is titled “3 Components of Financial Clarity” and it went live on their website yesterday. 

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“Ten Accounting & Finance Secrets for Start-Ups” will debut on March 10th, 2010

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This is the tale of a mug, dry cleaning, and customer loyalty…

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CFOwise Founder Named to Top Forty under 40

Posted By: PressReleases,   

Ken Kaufman included in elite group for the growth of his CFO Services firm and general contributions to entrepreneurship and the business community

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Being a Decision Maker Means You Take Risk

Posted By: David Sullivan,   

During the past few years as we’ve experienced a downturn in our economy, I’ve noticed many of the business owners I work with have become so conservative it is beginning to hurt their industry. The current economic conditions have caused consumers to spend less, banks to no longer lend, card issuers to reduce credit lines [...]

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3 Benefits of Financial Clarity

Posted By: Ken Kaufman,   

INTRODUCTION
Clarity in business has to do with three things – the past, the present, and the future.  Where we’ve been, where we find ourselves today, and where we are going – our final destination.  Like a three-legged stool, removing any one of these elements would damage our ability to see the whole picture of our [...]

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Ten Accounting & Finance Secrets for Start-Ups

Posted By: Ken Kaufman,   

Start-Up companies do not need theoretical or impractical advice. They need tips and suggestions that they can easily and swiftly implement to improve their chances for success. In the spirit of this need, here are ten tips in the areas of accounting and finance that they should consider implementing in a hurry:

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Lessons Learned from Ponzi’s Scheme

Posted By: Ken Kaufman,   

I just finished a biography on Charles Ponzi by Mitchell Zuckoff titled: “Ponzi’s Scheme.” This was a very interesting understanding of the psychology and motivations of a man whose name has far outlasted the name of many men more respectable than him. His legendary rise and fall, and his manipulation of financial instruments in the [...]

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Unparalleled training offered by and to all Partners and CFOs of growing CFO Services firm

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Imagine swimming from one end of the pool to another in 30 seconds.  Is that good or bad?  How do we determine how we are doing, what is going well, and what we should try and improve?  It primarily has to do with comparing our performance to ourselves and others.

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I recently came across an article in the Harvard Business Review that I found to be very interesting. They did a survey among managers to rank the impact on employee motivation among workplace factors which were considered most significant: recognition, incentives, interpersonal support, support for making progress and clear goals. The managers [...]

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Why Entrepreneurs Love Pain

Posted By: Ken Kaufman,   

This post is going to be more personal than most…I hope you never feel this pain.

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Most businesses have at least some seasonality to them.  Perhaps the first quarter of every calendar year is always slow, or your business comes to a stand-still every November through December.  Here is an example of a business that slows dramatically ever summer:

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Please Define “Business Model”

Posted By: Ken Kaufman,   

I have long suspected that most business people cannot give a simple definition for the common term of “business model.”  It seems to be a nebulous and vague term that escapes most.  Most people think they know what it means, but when you ask them to define it, they usually can’t come close to verbalizing it.  [...]

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4 Signs Your Business Partnership will Fail

Posted By: Ken Kaufman,   

Business partnerships are one of the most unique and trying relationships we will ever enter.  Some work, but most fail.  I did a quick test.  I searched Google for “business partner problems” and found about 169 million results.  Compared to only 143 million results for what I assumed would be the more common term of [...]

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