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Why Cash Flow is More Important than Profits

  Many equate the success of a company to its reported profits. While profits are good, they do not represent the financial standing of any given company. It is quite possible for a company to report profits while at the same time being on its way to going out of...

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Finding That New Job

  As more and more people get vaccinated, the economy is finding itself at a crossroads. Unemployment remains high and yet many businesses cannot find the employees they need to grow as the pandemic comes to an end. As a result, you may think that finding that...

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The Cost of Chapter 11, Follow Up

  In our last blog, we outlined the costs of Chapter 11 Bankruptcy. Shortly after writing that blog, a major Boeing supplier, TECT Aerospace, filed for Chapter 11. In their filing, they cited “catastrophic financial losses stemming from the suspension of 737 Max...

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The Real Cost of Chapter 11 Bankruptcy

  During 2020 Chapter 11 business bankruptcy filings were up 29% over 2019.  In the second half of 2021, bankruptcy filings are expected to increase dramatically as the economic impact of Covid -19 becomes clearer and as the various stimulus packages come to an...

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