The CFO'S Perspective

Bill Palmer

Bill Palmer

Bill Palmer has experience with the finances of nonprofits from multiple perspectives. For more than six years, he has acted as the Director of Finance & Operations at a private school where he has a broad range of responsibilities. He is also the founding CFO of a non-profit focused on sustainable agriculture, food, and nutrition where he oversees the accounting staff and also advises the CEO in budgeting and long-range planning. Bill also serves as Board Treasurer for a local charity focused on children’s health issues. Previously, he helped found and served ten years on the governing board of a private school, where he built the business model, led the initial capital campaign which enabled the commencement of the school’s operations, negotiated long term loans, and set pricing policies.

Recent Posts by Bill Palmer:

Nick Anderson & Bill Palmer - The 3 P’s

Nick Anderson (Columbia Bank) recently invited Bill Palmer (CFO Selections) to be interviewed in a 4-video series. Nick and Bill had an in-depth conversation about the 3 P’s:

  1. Finding the right Partner
  2. Getting the right Products
  3. Negotiating a fair Price.

The series was shared via LinkedIn but in case you missed it, we have the four-video series wrapped up into one.

Topics: Planning CFO Selections Video

How Do I Choose the Right Bank for My Company?

For many owners of growing companies, the choice of a bank is a crucial decision.  A solid relationship with a bank can make or break a company.  Banks provide relatively cheap capital to fund expansion as well as the everyday transactional and payment services that enable everyday operations. 

A poor relationship with your bank can hinder growth plans and even put you out of business.  Still, many business owners simply stumble into doing business with a bank because of convenience or with the mistaken assumption that all banks are all the same.  A wise business owner puts effort into developing and maintaining a relationship with their bank, just like they do with key customers and suppliers, to ensure their long term success. 

Topics: Finance Resources Financing

Planning for Next Year's Raises in Today's Competitive Business Environment

With full nationwide employment, pricing pressure on materials, and generally modest revenue growth, how do you plan or budget raises for your employees? As you create next year's budgets and update your strategic plans, you also need to take several vital steps.

These include looking at the big picture, understanding and limiting your risk, getting help if you need it, and utilizing a financial planning tool to provide the right raises to retain and attract talent.  This may seem like a tall order, but a systematic approach will help your organization achieve its staffing and budget goals.

Topics: Planning HR Budgeting Salaries