Banking, Financial Services and Insurance

The cost of owning and operating a technology product or service over time is referred to as the Total Cost of Ownership (TCO). Since the TCO may be substantially higher than the initial upfront cost, a TCO comparison can help you decide between competing solutions that at first glance may seem equivalent. Here are the key elements to consider in determining TCO.

Decelerating cash outflow in your business enables you to hold onto cash longer so you have more money available and more flexibility in your business. Here’s a closer look at some ways to decelerate cash outflow.

With today’s accounting software packages, it is easier than ever to monitor all aspects of your business’s finances. Many packages, such as QuickBooks, even provide dashboards–graphical representations of company operations data that display an instant snapshot of your company’s financial data.

But what exactly should you be monitoring? Tracking key ratios can help you understand and better manage cash flow. Here is a closer look at six key financial ratios.

If you are not already using accounting software in your business, doing so is one of the smartest steps you can take to save time, improve your cash flow and simplify processes. Perhaps you are using accounting software, but are ready to upgrade or need more functionality. Here’s how to make the right decision when choosing accounting software.

Le Moyne "spike" Bailey

Current City: Lake Oswego, OR

Mr. Bailey is a third generation small business owner. I've held board positions in four leasing companies, construction services, founded eight other companies, including two equipment leasing companies, fleet maintenance, retail food, food distribution, record publishing, case goods, elder care services, consulting, agribusiness, and fast food concepts.  Currently I operate a commercial real estate investment and managment company. 

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James W Kemble

Current City: Eden Prairie, MN

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Jeffrey Turner

Current City: Jacksonville, FL

Industry Expertise: Tax, Accounting, Auditing, Bookeeping, Risk management, Commercial credit, Financial analysis, Automotive, RV and marine banking, Finance, Project management. Personal Experience: President, USA Tax and Accounting, LLC - present; SVP/Risk Management, Bank of America - 2 years; SVP/Credit Review Manager, Bank of America - 14 years; Audit Officer, SunTrust Banks - 10 years. Interest in Counseling: Business coaching, E-counseling and in-person counseling, Business and Strategic Planning, Research and articles, Workshops.

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Education / Certificates: BA Degree - University of South Florida. Major: Business Management. Certified Internal Auditor (non-practicing), Registrered Tax Return Preparer

Walter T Liptak

Current City: Ponte Vedra Beach, FL

Began career working for Marsh & Mclennan, in Chicago,  performing actuarial valuations and setup of pension plans. Went on to work in 5 life and health insurers in a variety of marketing, financial, actuarial, service, planning and general management areas. Operated as President of General Life Insurance Company and two subsidiaries of Blue Cross and Blue Shield of Florida. Is a member of the Society of Actuaries, American Academy of Actuaries and is an Enrolled Actuary with the Department of Labor and IRS.

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BA in math from DePaul University, Executive Development Program from Kellogg School of Management,Northwestern Univ., Risk Management Program from Wharton School, Univ of Penn, Health Management Program from Univ of Michigan

Robert F Stanley

Current City: Bow, NH

 

My professional career was spent in the Insurance business where I held jobs in safety, methods and project management. This included developing and teaching courses in insurance, safety, project management and quality systems. (ISO 9001)  I also ran a small trucking business.

I develop web sites using FrontPage and WordPress.  I maintain websites for my SCORE Chapter and several small businesses.  Skills include marketing promotion using email and social media.  

I am a Certified SCORE Mentor with competencies in business planning, business startup, cash flow management and online promotion.  I serve as Vice President IT for SCORE District 0189.

Designations held include, CSP, CPCU and Quality Systems Auditor

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Graduated Duchess Community College and attended Rider College

 

John Vitale

Current City: Fairview Heights, IL

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