Company News

 Michigan CFO News

 

  1. Todd Rammler Awarded Michigan’s Most Valuable Professional, April 2015
  2. Huntington Bank’s “Best in Business” Award on WJR, August 2014
  3. Michigan CFO Associates featured in Crains Detroit Business, June 2012
  4. Growing Firms Seek Part-Time Execs – Detroit News, September 2011
  5. Cash Flow Plumbing – Fix the Leaks – CORP! Magazine Article, August 2011
  6. 90% of Small-Business Owners Do NOTHING to Jump-Start Stagnant Businesses
  7. Todd Rammler discusses Outdated Cell Phone Tax – Detroit News, June 2009
  8. Michigan CFO Associates featured in The Detroit News, May 2009
  9. Todd Rammler interviewed by weekly talk show Michigan Entrepreneur
  10. Michigan CFO Associates, Inc. Adds Machine Manufacturer as Client
  11. Michigan CFO Associates, Inc. is Launched as Professional Services Firm

Question: Todd Rammler Awarded Michigan’s Most Valuable Professional, April 2015

Answer:

Todd Rammler was awarded the Michigan’s Most Valuable Professional by Corp! Magazine.

Michigan’s Most Valuable Professionals and Millennial awards celebration was held on April 23rd at the VisTaTech Center in Livonia.

These professionals are making business happen in Michigan and hitting home runs for their companies and their communities.


Question: Huntington Bank’s “Best in Business” Award on WJR, August 2014

Answer:

Michigan CFO was spotlighted on WJR during the month of August in Huntington Bank’s “Best in Business” segment during Paul W. Smith’s show. This segment is designed to highlight organizations that are redefining business practices in Metro Detroit.

Michigan CFO’s commitment to the strong financial success of small businesses in Metropolitan Detroit has made us a stand-out in the community, and we’d like to share this success with you.

In case you missed it, here was the spot on WJR News/Talk 760! (Turn up speakers for audio)

Question: Michigan CFO Associates featured in Crains Detroit Business, June 2012

Answer:

Question: Growing Firms Seek Part-Time Execs – Detroit News, September 2011

Answer:

Question: Cash Flow Plumbing – Fix the Leaks – CORP! Magazine Article, August 2011

Answer:

Question: 90% of Small-Business Owners Do NOTHING to Jump-Start Stagnant Businesses

Answer:

New research commissioned by Michigan CFO Associates shows many small-business owners are “driving without a map,” plagued by uncertainty, and risking their companies in the process.

How much do small-business owners really know about growing a healthy company? According to Michigan CFO Associates, not enough. That’s the conclusion suggested by a compelling new study released this week that shows owners aren’t getting enough information and guidance when it comes to avoiding the warning signs in their path.

Commissioned by Todd Rammler, president of Michigan CFO Associates, the study compiled a wide range of small-business statistics revealing the most common reasons small businesses fail — and what owners can do about it.

“What’s most surprising are the results we didn’t expect,” Rammler says. For example, in a survey of 500 firms nationwide, a shocking 99% had no written plan for growth. More surprising revelations of the research (available at www.michiganCFO.com/research) include:

  • 98% of businesses fail by the 10th year
  • 80% of new businesses fail due to undercapitalization
  • Only 23% of businesses price their products or services properly

What does this mean? Far more businesses owners than previously thought are running their companies without critical information needed for sound decision-making. What’s more, these ventures are often the largest single piece of the owner’s net worth, which makes for a risky combination.

“This really shows that owners need information and specific skills on business planning and analysis — particularly as it relates to financial decisions — if they are to beat the odds of a 98% failure rate,” Rammler says. “An uninformed decision can easily lead to losing a company, as well as wiping out the owner personally. Sound decision-making is crucial.”

About Michigan CFO Associates

Michigan CFO Associates is a leading provider of outsourced CFO services to privately held businesses. The firm emphasizes “future focus” and specializes in improving profitability and cash flow through better data and decision-making.

Question: Todd Rammler discusses Outdated Cell Phone Tax – Detroit News, June 2009

Answer:

Question: Michigan CFO Associates featured in The Detroit News, May 2009

Answer:

Question: Todd Rammler interviewed by weekly talk show Michigan Entrepreneur

Answer:

Tara Kachaturoff interviews Todd Rammler, President of Michigan CFO Associates. View the article at www.prlog.org/10117276-tara-kachaturoff-interviews-todd-rammler-president-of-michigan-cfo-associates.html

Question: Michigan CFO Associates, Inc. Adds Machine Manufacturer as Client

Answer:

Michigan CFO Associates, Inc., a professional services firm offering contract financial expertise for small business, has added Michigan Custom Machines (Novi, MI) as a client. Michigan CFO Services will provide financial analysis, budget and forecast development, cash flow management and financial oversight to the specialty machine manufacturer.

Notes Michael Schena, President Michigan Custom Machines, “Michigan CFO Services helped us to implement analysis and planning tools that we have always wanted, but did not have the in-house expertise to create. We now have the ability to manage the business much more effectively on a monthly basis to ensure that we’re hitting our targets. Using a contract CFO 2-4 days a month is the perfect solution for a company our size.”

“Businesses that partner with Michigan CFO Associates access strong operational finance and profitability analysis experience. We provide the tools and insight to manage business more effectively and more profitably,” stated Principal and Founder Todd Rammler.

About Michigan CFO Associates, Inc.
Michigan CFO Associates, Inc.is a professional services firm that provides part-time Chief Financial Officer services on a long-term basis. The firm provides cost-effective financial expertise to small businesses when the expense of a full-time CFO is not justified. Michigan CFO Associates develops, analyzes and interprets critical financial data necessary to manage and grow a business.

For more information, email info@michiganCFO.com.

Question: Michigan CFO Associates, Inc. is Launched as Professional Services Firm

Answer:

Michigan CFO Associates, Inc., a professional services firm offering contract financial expertise for small business, was recently established by finance professional Todd Rammler, C.M.A., M.S.P.A. As part of the start-up, Michigan CFO Services, Inc. launched www.michiganCFO.com

Michigan CFO Associates, Inc. provides part-time Chief Financial Officer expertise on a long-term basis. The firm provides organizations cost-effective financial expertise when the expense of a full-time CFO is not justified.

“Businesses that partner with Michigan CFO Associates access strong operational finance and profitability analysis experience. We provide the tools and insight to manage business more effectively and more profitably,” stated Principal and Founder Todd Rammler.

The firm’s comprehensive CFO services are tailored to each engagement, and move Michigan’s small businesses beyond a “compliance” accounting perspective. The firm develops, analyzes and interprets financial statements that help manage and grow a business.

For more information, email info@michiganCFO.com.


© Kimiya Kitani