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at Illumeo

Gene Siciliano
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Everyone Wants to Lend You Money – Big Surprise!

Everyone Wants to Lend You Money – Big Surprise! I have a “side hustle” when I’m not occupied with running the CFO for Rent business; it’s investing in commercial real estate, along with some of my clients and close friends.

Gene Siciliano
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When is It Time to Upgrade Your Accounting?

When is It Time to Upgrade Your Accounting? We have a client that has been coming out of a revenue decline, induced in part by COVID-19, and they’re now in the black and growing nicely.

Gene Siciliano
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CFO vs. Controller – What’s the Difference?

CFO vs. Controller – What’s the Difference? We have a client who engaged us to help them integrate an acquisition and structure a financial function for their rapidly growing company and guide its financial strategy as the company grew. Or at least we thought that was the plan.

Gene Siciliano
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The 3 Pillars of Financial Management

The 3 Pillars of Financial Management I was asked last week to explain the value of a CFO to a young entrepreneur who had started from scratch with a great idea, and built a pretty solid business before hitting the glass ceiling (no, not that one) where the financial infrastructure he had

Gene Siciliano
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Profit vs. Cash Flow - Why is This So hard?

Profit vs. Cash Flow - Why is This So hard? As we experience a strong year in our business, new clients always have a list of questions to guide our client-tailored task list, and one question that appears on more than half of those lists is this one:

Gene Siciliano
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How much financial reporting is too much?

How much financial reporting is too much? I spoke with a CEO today, referred to me by a business associate, about providing CFO services to get their financial records current and their financial reporting up to what is needed to manage the business. It didn’t go as I had hoped. .

Gene Siciliano
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Inflation Fighting Ideas

Inflation Fighting Ideas It will cost you $2.15 today for what would have cost you $1 in 1990. You don’t have to read about the effects of inflation to know that it’s hitting everyone and every company. You see it at the gas pump and the supermarket.

Gene Siciliano
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The Greatest Management Challenge

The Greatest Management Challenge I wrote this article for my (print) newsletter 25 years ago. It’s so relevant even today that I decided to republish it, even though it’s longer than my usual post. I think it’s worth the extra few minutes you’ll spend reading it.

Gene Siciliano
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How will interest rates impact your exit plans?

How will interest rates impact your exit plans? If you’re considering selling your business in the near future, you may have taken notice of the recent news that interest rates are about to start going up, perhaps 3 or 4 times this year alone, after being near zero for several years.

Gene Siciliano
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If you make it, how do you price it?

If you make it, how do you price it? Many of our clients over the years have been manufacturers, makers of the products they sell – cosmetics, automobile parts, aerospace components, etc.