Knowledge
How to build your finance team as your company grows20230104155928
How to build your finance team as your company grows
January 4, 2023
As a company grows, so does its financial team. But not all companies have the same finance needs. Which roles should you prioritize? And how do you know when it’s time to fill them?...
Policy shifts, macroeconomics dominate year-end small business tax strategies20221121080000
Policy shifts, macroeconomics dominate year-end small business tax strategies
November 21, 2022
With just weeks left in the year, businesses can still take actions that will benefit their 2022 tax position. FML partners Jim Arcouette and Bill Slattery explain how in this article they co-authored for Hartford Business Journal....
Burned out on public accounting or burned out on your firm? They’re not the same thing.20221006140900
Burned out on public accounting or burned out on your firm? They’re not the same thing.
October 6, 2022
See this article as it originally appeared in Accounting Today. Burnout is real. And in the wake of the pandemic, in one way or another, most of us have felt it. Even before the pandemic, I saw young accountants make a common mistake: assuming they are burned out with public accounting as a professi...
Deferral period for paying off SBA loans ending soon20220914120200
Deferral period for paying off SBA loans ending soon
September 14, 2022
I was interviewed recently for a Hartford Business Journal article about how the ability to push off repayments from U.S. Small Business Administration’s Economic Injury Disaster Loan program will come to a close in October for the earliest borrowers. The program kept many companies going thro...
Small businesses are dealing with big headaches20220913114247
Small businesses are dealing with big headaches
September 13, 2022
I was interviewed recently for a Hartford Business Journal article about small businesses grappling with the difficulties of inflation, supply chain disruptions, employee shortages and more. As a founding partner of FML, I’ve kept my finger on the pulse of the perpetually changing financial la...
5 steps to avoid mismanaging biopharma grant funds20220908111603
5 steps to avoid mismanaging biopharma grant funds
September 8, 2022
See this article as it originally appeared in Pharmaceutical Online. Here is an excerpt from an article I wrote for Pharmaceutical Online about what needs to be done after winning a grant. It was also published by Outsourced Pharma, Bioprocess Online and Biosimilar Development. After an exhausting p...
Are convertible notes the right way to fund your startup?20220727101000
Are convertible notes the right way to fund your startup?
July 27, 2022
See this article as it originally appeared in TechCrunch. If an early-stage startup is ready to raise money but its valuation hasn’t been established yet, a convertible note can serve as a good fundraising option. A convertible note is a debt instrument that typically converts into equity at a later...
Not-for-profits need a profit: Revenue streams ensure longevity20220714134400
Not-for-profits need a profit: Revenue streams ensure longevity
July 14, 2022
See this article as it originally appeared in the Hartford Business Journal. Some not-for-profit leaders feel an obligation to apply every possible dollar to the mission. While the impulse is noble, the organization’s impact in the long term will be greater if it remains on stable financial footing....
New Haven Biz quotes Frank Milone about current startup environment20220706140354
New Haven Biz quotes Frank Milone about current startup environment
July 6, 2022
New Haven Biz recently published a story with the headline “IPO, SPAC slowdown may crimp New Haven biotech growth.” Speaking at the Yale Innovation Summit — of which FML is a gold sponsor — back in May, Arvinas CEO John Houston cautioned startup executives about the “more or less d...
Is Your Internal Control Environment Up to Date?20220628162620
Is Your Internal Control Environment Up to Date?
June 28, 2022
See this article as it originally appeared in CFO Magazine. Assessing the state of your current framework is crucial to ensure its effectiveness. Amid the upheaval of recent workforce shifts such as the Great Resignation and remote work, it’s likely your financial processes have been disrupted more ...
