Knowledge
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 ...
How a company’s relationship with its accounting firm evolves20211018153300
How a company’s relationship with its accounting firm evolves
October 18, 2021
See this article as it originally appeared in Entrepreneur. Every company in every industry has accounting needs, and those needs change dramatically as a company grows and expands. When a company has a true partnership with an accounting firm, it’s able to think multiple steps ahead and make ...
Helping entrepreneurs choose the proper business entity form20211011104400
Helping entrepreneurs choose the proper business entity form
October 11, 2021
See this article as it originally appeared in Newsweek. Choosing the right business entity form for a new company seems like a straightforward choice, but there’s actually a lot of nuance — and potentially a lot at stake in regard to future tax liability. While it’s easy to organize as a...
Plan your year-end tax strategies now20211001094400
Plan your year-end tax strategies now
October 1, 2021
See this article as it originally appeared in Hartford Business Journal. Most companies have a rhythm to their tax planning that often involves making key projections and determinations just prior to the end of their calendar or fiscal year. With supply chain and labor shortages due to the pandemic,...
