A common concern with business loans is covenant compliance. Does my business loan have covenants? If so, what are the compliance requirements? Smaller loans under $100,000 may not require collateral and are usually free of any covenants. As businesses grow, however, so do their financing needs.

Every business owner will, at some point, exit their business in some way. Most, however, do not think about how they will exit until they are almost ready to do so.

You’ve heard the saying “What gets measured gets done.” While this is true in all businesses, it is especially important in manufacturing.

It looks like COVID-19 issues will continue to affect business for the foreseeable future. In our previous column, we introduced a cash-flow management tool. We hope you were able to download the tool and instructions.

It is amazing how a crisis like COVID-19 can pressure-test all your business processes. Now, more than ever, understanding your business cash-flow forecast is critical.

Creating an effective annual budget that is aligned with a clear vision for the future of the company is a goal any business owner will agree on.

The business model is the foundation of a successful business, and the CFO plays a critical role in building the optimal model for a company.

Welcome to the inaugural installment of this new column in FORGE. It will be dedicated to the financial issues facing manufacturing businesses, providing guidance on financial matters to those who may not have a dedicated CFO on staff and providing additional financial insight to those who do.