by Tate Parker | Jan 20, 2020 | Bankers/Lenders, Business Owners/CFOs, Insurance Brokers
The auto industry is a big part of our economy here in Tennessee and in the southeastern US in general. and there have been some developments that aren’t necessarily new but a lot of people don’t seem to be aware of them so this is an update on the auto...
by Tate Parker | May 2, 2019 | Business Owners/CFOs
I am not an economist and as the hotel commercial says, “I didn’t stay at a Holiday Inn Express” either! With that disclaimer out of the way, more and more evidence of an economic slowdown is creeping into conversations these last few months....
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 | 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 | May 7, 2018 | Business Owners/CFOs
On D-Day, June 6, 1944, as the American troops embarked on landing craft toward Hitler’s Atlantic Wall and the invasion of Europe, a sergeant in one of the boats said to his troops, “Men, we’re going into combat and casualties are expected. In fact,...
by Tate Parker | Feb 13, 2018 | Business Owners/CFOs
Although it isn’t a household name here in the US, the recent Carillion bankruptcy in the UK serves as a warning to us all. A reminder that there’s no such thing as “too big to fail”. It’s also a case study in normalcy bias, “a...
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