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Steve Rosvold

Steve Rosvold

As the Founder and CEO of KRM Business Solutions, Steve Rosvold understands that innovative and responsible financial leadership is critical for today’s businesses. Whether the goal is to grow exponentially or achieve stable profitability, this core function needs to be handled with intelligence, skill, and unwavering commitment. With over 30 years of experience in the corporate finance world, Steve Rosvold has honed his ability to drive change, improve profitability, and ensure long-term financial health for businesses. He founded KRM Business Solutions in 2003 to help Southwest Washington/Portland area companies equip themselves with the knowledge, processes, systems, and tools they need for success.

CFO Success Series: Treasury Part 3 – Equity

In their eagerness to get to market, companies may be rash in selecting financing and take the first solution they come across. A sound financing strategy is one of the most important pillars of corporate growth, and – done well – it can benefit your company long into the future.

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CFO Success Series: Treasury Part 2 – Debt Financing

Companies seeking capital need to plan and shop wisely. Not doing your homework or making the wrong choice may leave you empty handed, burdened with unnecessary costs or shackled with the wrong capital structure for years to come. Earlier this month, in Treasury Part 1, we wrote about capital planning for your business.  The planning process will identify how much outside capital you expect to…

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CFO Success Series: Treasury Part 1- Capital Planning

Capital is the lifeblood of any business. Paying for talent, equipment, marketing, inventory and other critical activities all require cash. Having a plan for securing capital well before the need arises is a key responsibility of a CFO. Without a funding strategy you may miss out on fleeting opportunities.  Worse yet, even profitable, growing businesses fail because they run out of cash. Capital Planning The…

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closing process

CFO Success Series: Signs Your Accounting Pillar Requires Shoring Up

Imagine a runner who desperately needs to cut a few seconds off his time. He tries everything: hires new trainers, buys new shoes, drops weight, changes his diet. Nothing works because he doesn’t cut off the cement block tethered to his foot. Many businesses find themselves in the same shoes, so to speak. They are desperately trying to drive great results with limited capital, but…

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Rolling Forecasts

Be Agile and Responsive: Implement A Rolling Forecast

Adjusting nimbly to rapidly changing business conditions, will keep your business in the “(k)now”. Stop waiting for the annual edition of Your Business – The Past 12 Months. Instead, stay ahead of the game with “Rolling Forecasts”.

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using accurate financials

Using Accurate Financials to Increase Profitability

Situation: Developing financial expertise quickly: The owner of a company, which did $10 million in annual sales, was frustrated because his financial reports were incomplete, incorrect and late. He knew something had to change but did not have expertise to to solve the problems.

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Leadership from Life’s Perspective

First published in Vancouver Business Journal – Friday, January 12, 2007 Steve Rosvold – Guest Columnist Leadership takes place when a meaningful vision is delivered with passion October marked the 10th anniversary of Trey Foote’s passing. Most of this column was written 10 years ago but the message seems as important today is it did back then. Our community experienced a tremendous example of leadership…

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Get Your Budget Right (the First Time)

A budget done right is a roadmap to the future. Many new and growing businesses aren’t aware of how much detailed work is involved in preparing the data. It’s a lot of effort, but having an accurate plan for the coming year is essential to your company’s success.Here are our top tips for making a budget that will work for you:

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risk mitigation

Risk Mitigation: Protect Margins and Reduced Risk

Situation: Lack of Risk Control A company that was highly dependent on the plastics sector of the oil industry failed to correlate the impact oil prices were having on its business. Its practice was to purchase inventory in advance, rather than at the same time it would bid on jobs. So, when commodities markets became very volatile, they ended up losing money because they had…

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