Author: John Wu

Business owners and managers are often faced with the question, "Do you really need a CFO?" The answer is always a resounding yes. A CFO is responsible for managing the business’s finances, providing advise to company management on financial decisions, and overseeing the entire business’s fiscal operation. The CFO also serves as an interface between company management and investors or lenders. A CFO can be employed by a company in addition to other executive positions. However, sometimes they are found as part of the overall leadership team for smaller companies with fewer resources to devote to finance management. What is a CFO? A CFO is a financial officer who deals with the financial aspects of a company or person. They oversee the day-to-day management of accounting, budgeting, and tax issues.…

After the United States Small Business Administration (SBA) invested in a PPP program, there has been an increased interest in this type of program. In this paper, I will analyze the evolution of PPP, its benefits and drawbacks, and what it can potentially look like in the future. The United States Small Business Administration (SBA) developed a new loan program called Project Finance for private companies in order to provide them with lower interest rates. This form of private lending focuses on value creation rather than risk reduction and is sometimes referred to as Commercial Paper 3.0. With the rise of online lending platforms, PPP loans have made a huge leap forward. Not only are these more accessible to borrowers, but they also offer many benefits such as lower interest…