FLSA & Noncompete Changes – What to Know
Vcfo Blog
by Jake Jessop
1w ago
Looming Changes to FLSA Requirements and Noncompete Agreements – The Big Picture for Your Business Two imminent changes in employment regulations could significantly impact your business operations and compliance status. Legal objections have been filed that will impact implementation dates and possibly final form. While the final fate and ultimate form of these proposed changes are yet to be entirely determined, it is highly recommended that you take a proactive approach to assessing the depth and breadth of their potential impact on your business. Below, we break down details of the proposed ..read more
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How You Measure Your Business Matters
Vcfo Blog
by Elbert Johnson
3w ago
Measure Your Business in a Manner That Matters Measure twice, cut once is an adage that’s been cited for centuries. Its literal meaning is to verify the accuracy of measurements before making cuts so that time, material, and effort are not wasted. Its figurative meaning is to plan and prepare appropriately before acting. Both meanings hold absolutely important applications for business. The literal meaning emphasizes accuracy to maximize efficiency and effectiveness, while the figurative can be translated as failing to plan is planning to fail. Measurement can’t be haphazard, however. How you ..read more
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Alan Docherty, Consulting CFO, Joins vcfo Austin Team
Vcfo Blog
by vcfo
1M ago
Alan Docherty joins vcfo as a Consulting CFO, bringing with him more than 35 years of experience. He is a senior finance, IT, and operations executive with significant experience in strategic transformation, corporate finance, and value creation. From the CFO chair, Alan excels in managing company transformations, specifically when it comes to transactional integration, process improvement, corporate development, and ongoing optimization. His other major strength includes team building, particularly in the development of accounting and finance excellence. Alan is experienced working in public ..read more
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Employee Experience Expectations
Vcfo Blog
by Jake Jessop
2M ago
Evolving Employee Experience Expectations in 2024 Creating an exceptional employee experience is more than a one-and-done endeavor. As people, markets, and the world around us change, so do employee expectations. Evaluating these shifts and what you need to do to not only create but sustain an optimal environment for your workforce is beneficial to your business. Here, we examine evolving employee experience expectations in 2024 and how to navigate them. Pay Transparency and Compensation Strategy Nine states and several major cities have enacted pay transparency laws to date, and many more are ..read more
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Vcfo Denver Team Welcomes Miranda Murphy
Vcfo Blog
by vcfo
2M ago
Miranda Murphy is an accomplished HR partner with eight years of experience establishing business relationships and managing an array of HR responsibilities. She has expertise in HR policy development, compensation and benefits, employee relations, and compliance, as well as assessing business needs and implementing solutions. Miranda’s HR career began at CH2M Hill, handling HR, benefits, and payroll transactions. She then joined Brown and Caldwell, overseeing new employee training and small group learning for company leaders. Following this, Miranda spent two years at Integrity Locums as HR ..read more
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Generative AI & Business Policies
Vcfo Blog
by Jake Jessop
3M ago
Generative AI is Here. Are Your Policies Ready? If you’re a business owner or executive who doesn’t yet fully understand generative AI, you may be adopting a wait-and-see approach before establishing a policy regarding its use in your workplace. Generative AI, however, is not waiting around and has likely already made its way into your business in some form or another. Here, we examine what generative AI is, the benefits and risks, and considerations for creating a generative AI policy that positions the technology to work for your business, not against it. What is Generative AI? Generative AI ..read more
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HR Involvement Early in M&A
Vcfo Blog
by Kelly Wells
3M ago
The Importance of HR Involvement Early in M&A Evaluation In each of the last ten years, between 18,000 and 25,000 mergers and acquisitions (M&A) deals have taken place in the United States. At the same time, Harvard Business Review notes that 70%-90% of all M&A deals fail. Many companies become a casualty of that latter statistic when they do not get HR sufficiently involved in the early evaluative phases of M&A activity and only engage HR at a surface level during due diligence or even after deal signature. This happens because there’s a tendency for leaders assessing M&A ..read more
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Merle Waterman Joins vcfo Denver Team as Consulting CFO
Vcfo Blog
by vcfo
3M ago
vcfo introduces Merle Waterman as our inaugural Fractional Integrator, Entrepreneurial Operating System®. Merle Waterman is a Consulting CFO with more than 30 years of leadership in ecommerce, software, manufacturing, and professional services. Expert at guiding fast-growing start-ups, Merle specializes in helping companies improve their “people operating system” to build profitability. Merle often works as an Entrepreneurial Operating System® (EOS) integrator, stepping in to help firms execute EOS to get everyone pulling in the same direction. A people-person with an incredibly diverse indust ..read more
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Vcfo Returns as an Entrepreneur Of The Year® 2024 Award Sponsor
Vcfo Blog
by vcfo
4M ago
vcfo is proud to sponsor the Entrepreneur Of The Year® 2024 Award. A returning regional sponsor in the Gulf South program, which includes Central and South Texas, Louisiana, and Mississippi, this award highlights ambitious founders and leaders whose endeavors demonstrate an entrepreneurial spirit, growth, purpose, and impact. “It’s exciting to be part of the nominating committee for entrepreneurs to tell their story on this best-in-class business award platform,” says Ken Doward, Managing Director for vcfo’s Austin market. The Entrepreneur Of The Year program celebrates the most accomplished b ..read more
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Crafting a Strategic Business Exit Plan: Mitigating Personal Risk Through Early Planning
Vcfo Blog
by Dennis Marshall
5M ago
Embarking on the journey of selling your business is a pivotal moment for any entrepreneur. For many business owners, their enterprise stands as the cornerstone of their financial portfolio, representing the lion’s share of their net worth. In much the same way as, diversifying investments is a prudent strategy to mitigate personal risk, strategizing the sale of your business well in advance is an integral step toward securing your financial future. This blog explores how adopting a proactive approach to business exit planning can significantly reduce personal risk and pave the way for a succe ..read more
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