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 | 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...
by Tate Parker | Nov 2, 2017 | Business Owners/CFOs
My last article described several reasons why businesses owners and financial managers overlook the risk of getting paid. In Part 2, I’ll describe two ways that credit insurance helps a business better manage their risk. Increase operating efficiency Many times,...
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