When is it Time to Bring a CFO Into the Family Business?

“the event that really triggered our decision to bring in an outside CFO was a situation involving a serious fraud incident”

Most family business accounting functions are initially run by an accounting manager, then a controller, and eventually a chief financial officer. Over time, the accounting department gradually evolves into more of a financial department. As your family business grows in size and complexity there is an increasing need to go beyond just reporting the numbers, and the need to analyze the financial results in a manner to be acted on. More…

The Harbaugh Bowl: Sibling Rivalries On Steroids

The Super Bowl matchup is now decided with the two Harbaugh brothers once again facing each other. This time it’s in the ultimate contest; the Super Bowl. Sports are filled with rivalries, but what happens when you add siblings to the rivalries. This earlier article describes many of the high-profile sibling rivalries in sports including the Manning brothers and Williams sisters. (ARTICLE)