Fortis Equipment Funding’s Post

Powering industries with precision and expertise! 👏 We're excited to spotlight Florida SBDC at USF | Pinellas County Economic Development client, Comprehensive Supply Company, a leader in refurbishing and distributing electrical equipment— from switches to circuit breakers—across the United States. With support from Florida SBDC at PCED, they’ve developed a solid business plan, sharpened their marketing strategy, and streamlined their accounting process. Read or watch the full story at: bit.ly/3D5X0hD Featured Florida SBDC at PCED business consultant: Kurt Forster

"Better collections based on faster reconciliation and earlier billing of CAM and Property Taxes. Increased FFO by 8% in our first quarter and by 20% within the first year. Fewer "Cash Calls" and happier investors!" - A Private REIT Want to have faster reconciliation and earlier CAM billing that results in better collections? 🌐💡 Click the link and let's chat about solutions: https://lnkd.in/g7U_vFu5 #investorreporting #businessinsights #datasolutions #assetmanagers #reconciliation #CAM

“Treasurers, guardians of cash, architects of financial stability” - I really like this very short video of the DACT - Dutch Association of Corporate Treasurers, outlining in a simple yet effective way the role of the treasurer. Well done!

Very interesting mix of #fundingopportunities being structured and developed at EDA Funding. Opportunities in #media, #realestate, #tech and the expansion of the First Strike Incubator' #Commercialization Studio Concept, just to name a few. Always focused on win-win-win funding deals and #smartmoney investing. Plus mitigating #captable risks and #dilution for business, owners and investors. In Focus Brands IFP Films

As a 3x founder and product executive, I’ve seen firsthand how crucial it is for entrepreneurs to think strategically from the outset. One of the best pieces of advice I can share comes from Charlie Munger’s inversion technique — a mental model I’ve relied on throughout my career. Inversion is about identifying how a venture could fail and actively working to prevent those pitfalls. This ties closely to Codie’s principle of “Begin with the end in mind.” As founders, consider: - Selecting a co-founder you can trust for the long term — someone you’ve known for at least seven years. Sociologist Gerald Mollenhorst research shows we lose half of our close network every seven years, so if someone’s been by your side for that long, they’re more likely to be there for the next stretch. - Making sure everything is clearly documented, including an operating agreement — a step too many entrepreneurs skip. - Crafting an exit strategy early on, whether you’re aiming for IPO, acquisition, or an IP-only sale. Preparation for all eventualities is essential. These are foundational for navigating uncertainty, minimizing risk, and building ventures that succeed.

very informative and true always be careful in entering partnerships

This is an invaluable reminder how to approach deals! At Niche Mates we're still figuring this out as we go, but these rules will surely make it on the Deal Checklist. WDYT Rudi Seelig, Marco Döring & Stefan Wirth

Roth is Never Behind. There's a common misconception that converting an IRA to a Roth IRA requires time to break even due to taxes. This thinking is mathematically incorrect, especially with large balances in your 401(k). The truth is, the Roth IRA is never behind. At worst, it's break-even. Watch my colleague, Dani Francini, CFP® in this video to find out why.

Join Aprio’s Jacelyn Ferriell and David Black, Co-Chair of Holland & Knight’s National Government Contracts Team, on Tuesday, October 22 at 2 PM ET for our webinar, "Joint Ventures on the GSA Schedule: Understanding Unique Challenges and Risks." Sign up for this interactive discussion to learn more about a range of topics, including: 💡 GSA’s current policies and procedures addressing joint venture proposals for GSA MAS 💡 Issues regarding proposal pricing and the Commercial Sales Practices disclosure for the joint venture 💡 Product considerations 💡 Price Reductions Clause compliance and risk 💡 Best practices for compliance Register here: https://lnkd.in/g3-7RR8p

Don't miss Plan Better For the Exit of Your Business hosted by Steve DeTray. Learn how to navigate the complex process of selling your financial services business with confidence at https://lnkd.in/gFBSDWEQ