Farber’s fast growing Interim Management & Executive Search practice expands to Vancouver to service clients in British Columbia and Alberta and appoints two new Senior Search Consultants, Sandy Dennis and Dilesh Soni.
“Expanding our national presence provides on-the-ground resourcing and recruitment delivery capabilities to the British Columbia (BC) and Alberta markets, which strategically aligns with our clients' needs,” said Charlene Bergman, Leader of Farber’s Interim Management & Executive Search practice. “We have experienced an increase in mandates for the region from both existing and new clients and as a result of referrals.”Read More
Eric Friedberg and Thomas Grieger from the Small Transaction Financing practice will be speaking at Enterprise Toronto's Small Business Money Forum, a session focused on helping small and medium-sized businesses get connected to financial resources to help them grow and succeed.Their discussion will be on the significance of the relationship between profitability and cash flow as well as an overview on traditional and non-traditional financing options.
The forum takes place on March 7th at Toronto City Hall, 100 Queen St. West.Read More
The use of Interim Managers or Executives (“Interims”) is growing rapidly as organizations grapple with an unprecedented rate and pace of change. Selecting the right Interim is critical to an organization’s success in navigating uncharted waters. It's also an area where generational stereotypes can impact negatively on key hiring decisions.
In the business world, Warren Buffet once quipped, the rearview mirror is always clearer than the windshield. This neat maxim not only recognizes the value of hindsight, it also evokes the relevance of experience to business success. Which is to say: the more time you spend at the wheel, the better equipped you become at utilizing both windshield and rearview mirrors to move forward.
What would happen to your bottom line and cash flow if one of your major customers went bankrupt and didn’t pay their invoices? Does your financing facility limit your borrowing to only 50% - 65% of your accounts receivable balance, but in reality you need more cash availability to operate your business? If you said “yes” to either, or both, of these questions, you should consider accounts receivable (AR) insurance.AR insurance is offered by a variety of specialized providers. It provides insurance coverage for the non-payment of invoices when your customer has been approved by the insurance provider. AR insurance policies can be set up for all customers or for only a few key customers. Since most insurers offer online credit approval as well as pre-approved discretionary credit approvals, it is a fairly simple process and is often much less time-consuming than internal credit approval processes.
Most AR insurance providers can offer both domestic and international insurance (US, Europe, Asia, etc.). The Export Development Corporation (EDC) also provides excellent international insurance coverage and is an option that should be investigated before a decision on providers is finalized.Read More
Alan Farber, founder and Joint Managing Partner of Farber
Financial Group, is speaking at the #EDGEtalks speaker series
event #EDGEtalks: Culture as Competitive Advantage, hosted by
The Burnie Group.
The discussion aims to answer the question of how a strong corporate culture can inspire
intrinsically-motivated, passionate, loyal, and dedicated team members.
Tags: Alan Farber
TCP LATAM appointed as BTG Global Advisory partner for Brazil and Latin America
BTG Global Advisory (BTG GA), a leading international alliance of independent restructuring and financial advisory firms, is pleased to announce further expansion of its global reach with the appointment of TCP LATAM, a management and investment boutique focused on middle-market companies in special situations in Brazil and South America.Read More
Our client (the "Company") has spent the past seven years developing cutting edge technology for the banking industry and, after filing more than 40 patents, they were ready to take the product to the marketplace.
Management had secured pilot projects with customers and were in the process of rolling out their platform to bring in significant revenues. In order to begin the pilot projects, they needed $250K (their initial ask) to manufacture the necessary equipment to deliver the technology. The business has considerable upside potential with a strong management team in place.Read More
Durham Region small business banker Thomas Grieger joins Farber’s Small Transaction Financing team.
Thomas Grieger recently joined Farber Financial Group’s Small Transaction Financing practice as a Financing Specialist to help the practice meet the demands of entrepreneurs seeking financing, particularly in the $100K-$500K range.Read More
In a recent Journal of Business Valuation publication, Blair Roblin, Managing Director with the Corporate Finance, Transactions & Valuations practice, discusses the procedural and valuation challenges when a small public company undertakes the process of going private.
The focus of the article, as Blair notes, "...is the situation where management is attempting to take control of the firm, whether with a financial partner or not, by buying out minority shareholders."Read More