What Is A Special Purpose Entity? Richard Colosimo: Mike, thanks for joining us today. In your career, you’ve been a consultant and a CFO and an M&A professional, and an investor and founder. Today, I’m hoping you can give us some advice for people entering into small investment partnerships, which typically take the form of…
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Fast Money, Slow Death: A Former CFO Explains the Real Cost of Merchant Cash Advances
The Hidden Danger of Fast Capital Rick Colosimo: Mike, you've worked as a CFO and led M&A for major companies. Now, you advise small business owners on financial and growth strategy. What’s one of the biggest mistakes you see when companies are under cash pressure? Mike Princi: One of the riskiest decisions I see is…
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ARTIFICIAL INTELLIGENCE: KEEPING SECRETS IN THE AGE OF AI
Artificial Intelligence (AI) is transforming businesses across all sectors, offering enhanced efficiency, analytics, and decision-making capabilities. However, alongside these benefits come considerable risks, particularly when sensitive and confidential business information becomes unintentionally public. Companies must understand these risks and adopt clear, legally robust AI policies and procedures to mitigate them effectively. Understanding AI Risks and…
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Corporate Transparency Act Update: U.S. Domestic Entities and U.S. Persons Exempt
On March 26, 2025, FinCEN issued an interim final rule removing the beneficial ownership reporting requirement for domestic U.S. persons & entities under the Corporate Transparency Act. The definition of “reporting company” will now be limited to entities formed under the law of a foreign country and that have registered to do business in the…
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