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Business
Hardesty, a national executive services firm, was called on recently to provide an interim CFO to KKR’s Fleet Farm. Fleet is a Midwestern, value-based retailer of lifestyle merchandise serving DIY, outdoor, and active families. Fleet’s revenues currently exceed $1.5B. See what Fleet Farm CEO, John Schaefer and KKR’s Paul Sigfusson had to say about Hardesty...
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HARDESTY TIP PPP 8 – week period is extended and the 75% rule reduced – As we reported rumors, we had heard earlier, in the last Hardesty Tip, today Congress, in a bipartisan vote 417 to 1, passed a bill to extend the PPP 8-week period to 24 weeks and reduce the 75% payroll rule to 60%. Next – This is NOT law...
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Hardesty LLC is well positioned to assist clients for full spectrum CFO responsibilities.  Recently, a CPG client engaged Hardesty Partner, Don Hahn, to manage the fiscal audit incorporating the first year of acquisition by the Company’s investment sponsors. The engagement posed significant logistical challenges with client location in the Greater Los Angeles area engaging Hardesty...
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HARDESTY TIP There are many challenges to the PPP rules.  Since each bank will determine how the rules are applied, it is important to have the most current information when your forgiveness amount is calculated.  The latest to challenge these rules is the AICPA. Some companies cannot rebound in 8 weeks AICPA Challenge Forgiveness Calculation The...
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When excellent advisors are engaged by companies without the necessary infrastructure to efficiently execute an M&A transaction, they know where to reach out for assistance – Hardesty, LLC. Our partners have successfully assisted 100’s of companies through this rigorous M &A process. Recently Bryan Gadol, Partner at the law firm Orrick, and Brad Gevurtz, investment banker...
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HARDESTY TIP Start preparing now to re-open. This will be the largest economic event of our lifetimes. Strategically plan your re-opening or ramp back up. Key Tips Stakeholders Discussions – get ahead of there- opening and start discussions.  It is important to communicate your plans. Landlords – discuss abatement, deferral, loan conversion and / or right sizing Bank...
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Payroll Treatment for Schedule C Type Businesses, Partnerships, & LLC’s HARDESTY TIP   When Funds Become Available…. The Small Business Administration distributed additional Q&A on Tuesday to clarify how to treat Schedule C type businesses, partnerships and LLCs in PPP Loan applications. Many businesses are organized as partnerships or limited liability companies and the rules...
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Prior to joining the firm, Stan spent over 30 years in the healthcare industry that includes serving as CFO for the House Ear Clinic and House Ear Institute. Stan is a transformational healthcare leader committed to financial performance and organizational development who has worked for Providence St. Joseph Health, Prudential Healthcare, and Kaiser Permanente. Stan...
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Prior to joining the firm, Brian was serving in fractional CFO/COO roles for multiple companies, most recently with a Managed IT services firm and two construction companies. Over the previous nine years, Brian has assisted 15 companies in a variety of industries, focusing on professional services, light manufacturing, and construction. Brian has also developed a specialty in assisting cash distressed companies, which includes...
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George Oliva is a Partner in the Northern California office of Hardesty. He has over 30 years of financial and accounting experience primarily in high technology companies. George’s experience includes serving as CFO for both public and venture backed companies. George has raised over $100 million of equity and debt financings. His skills include, financial planning and...
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About Us

Founded in 2011 by Karl Hardesty, a respected leader in executive talent solutions for the CFO suite, Hardesty LLC provides best-in-class senior leadership to growing companies through its nationwide network of offices. As the firm continues to grow, the Hardesty network has added top professionals at the CEO, COO, CIO and VP HR levels to complete the full suite of senior executive talent we make available to clients.