CEO Tools Blog » Tatum http://www.ceotools.com/blog Your source for business management and software Mon, 26 Dec 2011 13:02:26 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 12 Seasons of Business: Improve Cash / Financing http://www.ceotools.com/blog/2010/07/12-seasons-of-business-improve-cash-financing/ http://www.ceotools.com/blog/2010/07/12-seasons-of-business-improve-cash-financing/#comments Fri, 09 Jul 2010 19:10:37 +0000 ceotools http://www.ceotools.com/blog/?p=640 How do we improve cash/financing during this slow recovery?  By managing our company’s credit better!  Use Tatum LLC’s ideas: get to know your lender’s needs and positions, and respond accordingly to them.  Identify in advance what to do when/if your lender cuts your credit line by 20% or more; most have already done that without telling you. Or, they’ve toughened up your lending trigger points.  Next, forecast 16-weeks out on cash flow, for internal use, and then give that forecast a “haricut” with safety valves before sharing with lenders.  Trade price for payment with customers and suppliers to improve your cash flow.  Finally, get new, auxiliary lines from private sources (angels and private placements), SBA lenders (who are now supported by the otherwise-errant stimulus funding), local and community banks and credit unions. 

Regardless of the particular lender, manage your credit better with the timeless Tatum article on lending and credit:  click on the following address http://www.ceotools.com/blog/2009/01/recession-ideas-from-tatum-llc/ and then print out the free PDF by clicking on “Managing Bank Relationships…”

You’ll be glad you checked it out!   With best regards,  Kraig

]]> http://www.ceotools.com/blog/2010/07/12-seasons-of-business-improve-cash-financing/feed/ 0 Ideas to Restructure Your Lease http://www.ceotools.com/blog/2009/12/ideas-to-restructure-your-lease/ http://www.ceotools.com/blog/2009/12/ideas-to-restructure-your-lease/#comments Thu, 24 Dec 2009 20:48:04 +0000 ceotools http://www.ceotools.com/blog/?p=517 Most business are still feeling the economic pinch, especially in costs and expenses.  So, here’s an articulate article from a good friend of our good friend and Vistage Chair, Allen Hauge:   .  Check out these ideas from David Morris at Grubb & Ellis. ]]> http://www.ceotools.com/blog/2009/12/ideas-to-restructure-your-lease/feed/ 0 Tatum: Great Planning Approach http://www.ceotools.com/blog/2009/09/tatum-great-planning-approach/ http://www.ceotools.com/blog/2009/09/tatum-great-planning-approach/#comments Mon, 28 Sep 2009 15:50:15 +0000 ceotools http://www.ceotools.com/blog/?p=429 Our friends at Tatum just published a terrific article on planning through troubled times, so just click on  to see and use their recommended approach.

]]> http://www.ceotools.com/blog/2009/09/tatum-great-planning-approach/feed/ 0 Recession Ideas from Tatum http://www.ceotools.com/blog/2009/01/recession-ideas-from-tatum-llc/ http://www.ceotools.com/blog/2009/01/recession-ideas-from-tatum-llc/#comments Wed, 28 Jan 2009 01:00:13 +0000 ceotools http://www.ceotools.com/blog/?p=135 Just received an email from my friends at Tatum, and they’ve got some great ideas from a CFO’s perspective on dealing with the recession.  Two articles:  the first offers solid tips for working with your liquidity and your lenders.  The second article focuses on your financial and operational planning to prepare your business for the worst the recession pitches at you but readies you for the best.  Sounds like sage advice to me!  Here are their PDFs:

 

Hope these are useful ideas for you.  Best wishes, Kraig

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