Blackburn Case Study

Greg McDonough is a managing partner at Blackburn Capital. He works with businesses and organizations ranging in size from early-stage startups to $100 million enterprises. He has successfully led companies through turnarounds, mergers, acquisitions, and other significant events. Whether a business is struggling to survive, or striving to grow effectively and efficiently, Greg has tools...
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The Thrill of Anticipation Can Be a Driving Force That Helps Goals Come True

The remnants of the 2023 holiday season have barely been cleared away, but for some, this ending is the beginning of building anticipation for next year’s festivities. My daughter Simone is one of those people who is thinking ahead. She is already excited for next year’s holiday card, talking about what family photographs we will...
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Financial Management Monthly Calendar

Being an entrepreneur usually means having an endless to-do list, and many of them are time-sensitive tasks related to the day-to-day running of the business. It might be tempting to procrastinate chores related to long-term financial management when they don’t have hard deadlines. While cleaning up the books and taking proactive steps to plan for...
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New Online Course Teaches How to Turn Your “Why” Into Financial Freedom

In my role as a financial consultant, I’ve had the opportunity to work with many entrepreneurs who are smart, driven, and determined to make their dreams come true. It’s inspiring to watch them finding solutions to difficult problems, and it’s always gratifying to help them when I can. For some time now, I’ve been pondering...
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Servant Leadership Helped Save My Life

While being a leader can be gratifying, it is also tough – and sometimes thankless – work. This challenge is compounded by the fact that modern managers tend to be inundated with a wide range of theories and concepts and philosophies of leadership, ideas that can be contradictory and confusing. So what is a leader...
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IRS Advice for Taxpayers

In the wake of rampant fraud and errors that have plagued the ERTC program, the IRS recently released some recommendations for businesses grappling with how they should handle this sticky situation. 1. Are you still waiting for your ERTC claim to be paid out? The IRS stated they will still be processing outstanding claims that...
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Ready, Set – Prepare!

Intense challenges in sports and business can be conquered with the right preparations I recently competed in Ironman Wisconsin. It was one of the hardest days I’ve ever experienced while competing in a triathlon. I’m tempted to blame the road conditions, the wind, and the higher-than-expected elevation gain for my performance, which fell below my...
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IRS ramps up audits of businesses that claimed employee retention tax credits

For more than two years, I’ve been helping small businesses figure out if they qualify to receive employee retention tax credits, a Covid-era lifeline extended by the federal government that was designed to keep struggling companies alive. Although helping these businesses is rewarding work, it can be fruitless at times – many don’t meet the...
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5 Ways Leaders Can Combat Burnout

Leadership and burnout often go hand-in-hand. The challenges of being in a leadership position are immense, and it can be difficult to find the “off” switch. When leaders go home, they are still problem-solving, taking calls, and writing emails. An endless stream of stress can lead to feeling overwhelmed, tired, depressed, discouraged, exasperated, frustrated, and...
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Leading With Endurance in Times of Financial Uncertainty

Endurance is a topic that has captured my attention for years. As a seven-time Ironman competitor now preparing for my eighth, I’ve spent countless hours training, which gave me ample time to ponder the concept of endurance and how it applies to various aspects of life. With every mile pedaled on the bike, every lap...
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Certified Insolvency & Restructuring Advisor (CIRA)

Author of The Turnaround
available on Amazon