What does this mean for you? Now is the time to take notice and review your financial metrics and mechanics. Whether it's cash flow or the balance sheet, it is important to position your business to negotiate the best possible terms for your next operating line renewal or clean up the back room to position your company for the next "big" run as the world comes out of recession.
There's less capital funding available in the current market than there was just a few years ago. These are the keys that get VC investors excited about a new company. Will your next proposal keep their attention?
The job market is reportedly flooded with job seekers but qualified finance employees are still a challenge to find. As finance departments streamline and put more pressure on corporate accounting departments, a new survey reports that 23% of accountants plan to look for a new job in the economic turnaround.
Not sure when a company in your portfolio needs a CFO? Listen to this panel from the 2009 National Angel Capital Organization in Toronto tackle the question.
Panel Members: John Kemp-Welch, BDC James Geshweiler, Common Angels Dan Martell, Entrepreneur
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