The Secret CFO
Sharing real world insights as the CFO of a multi-billion dollar company. Opinions, not advice.
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Here are the 3 questions I use to quickly prioritize capital allocation opportunities: 1. What do I expect the cash on cash return to be? 2. What is the probability I am right?...
Itβs Q4. That means one thing. Corporate Budget Season. A good budget process should drive better business performance. Itβs a center of gravity for business performance. A true...
How does working capital in M&A work? It's complicated, but I'll try and explain in 2 minutes. When you make an offer to buy a business, this is normally an 'Enterprise Value.' T...
How to win the corporate rat race:
95% of people are reading balance sheets WRONG. Stop wasting time with the ratios they taught you in business school. Hereβs how you read a balance sheet like a CFO. Let's go! π
Wanna know how the books get cooked? π§βπ³π Silly question. Of course you doβ¦ Hereβs how: πππ https://t.co/WKasTM1qxB
Avoid these 6 common budgeting mistakes and get better financial results in your business:
2023 will see a 10 year high in business bankruptcies. Wartime leaders will be the winners in this tough market. The problem is you wonβt learn these skills in business school....
βThe Cashflow Statement never liesβ Or so you think. Many large businesses manipulate cash around year end dates. Some are even doing it quarterly. This really is a dirty littl...
The hardest thing about my first big CFO role was learning to manage the Board of Directors I worked it out β¦ eventually. Here are the 5 things I wished I known from the start π§΅
Warren Buffett said that a CEOs #1 job is to allocate capital. He also said, most are TERRIBLE at it. Hereβs your 5 minute guide to allocating capital like a boss: https://t.co/h...
No metric captures what I need to measure cashflow performance. So I created my own. Itβs called Maintainable Free Cash Flow. Hereβs how it works: https://t.co/dBzFDiMBzD