We’ve all seen firsthand how innovations create new products and categories, while disrupting and eliminating others. From being able to sell to customers on...
B2B business is booming and has been for some time. The B2B sector is undeniably a huge driver of the economy, and in many ways, there has never been a better time to be a B2B business. But conversely, there has never been more competition either, and significant challenges lie ahead.
Over the past decade, owners who have sold teams saw their val- ues increase by between 7 and 11 percent annually, depending on the league, according to Scott Milleisen, head of JPMorgan Chase’s Private Bank Sports Finance Unit. Much of the growth resulted from richer media-rights agreements in recent years, he adds.
Some CEOs buy a team to fulfill a life-long fantasy. Others do it to run a different kind of business. Some want to bring a team to their city and others to keep one from moving away. Meet some of the business chiefs who have become team owners.
While crowdsourcing gets all the ink, alternative-financing models also include less sexy BDC (Business Development Company) investment funds, equipment buybacks and other debt and...
Richard Dugas, CEO of Atlanta-based builder and developer Pulte Group, took a company that had suffered a significant hit after the 2008 economic downturn and shifted the strategy from owning real estate to building and selling homes. Three years in, the company has paid down $1 billion in debt and reintroduced a dividend to its shareholders, one higher than it has ever paid before.
When a multi-location provider of end-of-life care with $38 million in revenues needed $13 million in financing for a dividend, it did not find the funds at a bank. Rather, it used a Business Development Company (BDC).
Remaining competitive means you are likely relying on your CFO more and more to help set the vision for your organization. Today, if a business is standing still, it’s falling behind. With that in mind, here are seven things you should be looking to your CFO to perform to keep business moving forward.
The future of bitcoins is very much up in the air.
Traditional financing is tested, tried and true—a financial lifesaver for many companies. But, traditional financing can often be slow to materialize and onerous to obtain—not the best recipe for a business sensing a need to pounce on an opportunity now.