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Joseph C. Worth
Wall, NJ CFO
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Joe has 30 years of financial and general management and transaction experience in diverse industries. Over the last 15 years, he has been the CFO of one mid-sized publicly-held company and four small- or mid-sized privately-held companies. Earlier in his career, Joe was the President of a "rust belt" manufacturing company, the Sales Manager and Marketing Manager of a high-tech equipment manufacturer, a financial consultant, and even a computer programmer and a naval officer.
Joe's broad experience helped to build his generalist approach to companies and problems. He has worked in insurance, software, manufacturing, printing, office products, investment, consulting, telecom, and service industries. He has managed and advised companies at virtually every stage: start-up, high growth, steady-state, shrinking, closing, turnaround, and bankruptcy.
Joe's strengths include analytical and creative problem solving, implementing and improving operational and financial processes, grasping new situations quickly, fostering collaboration and team building, and project management. He is an expert business planner who has reviewed or built countless successful plans, including start-ups of both B-to-B and B-to-C web-based companies. He complements the depth and breadth of his experience with wisdom, enthusiasm, energy, and a positive, can-do attitude.
Joe is an invaluable resource for planning and executing diverse financial transactions. He has successfully led an over-subscribed IPO, has raised many rounds of follow-on public equity and venture-backed private equity, and has negotiated or restructured various types of bank loans. Joe has closed numerous acquisitions, handling the purchase/sale agreements, performing due diligence, closing the transactions and assisting in the financial and operational integration. He recently handled all the financial work in the sale of a software company to a private equity fund.
Joe's experience as a CFO extends to nearly every aspect of a business's financial needs. He has helped companies forecast cash flow, restructure debt, renegotiate bank covenants, reduce receivables, reschedule payables, raise margins, improve month-end close procedures and efficiency, implement stock option plans, and initiate retirement plans. Joe has also opened new domestic and overseas headquarters and facilities, negotiated leases, initiated and managed bank relationships, negotiated supply contracts, established purchasing controls, and overseen annual audits. He can also provide a wealth of knowledge on issues like human resources, legal matters, business development, and sales compensation plans.
Joe has developed expertise in building and maintaining diverse professional relationships. He is particularly skilled in dealing with bankers; he even founded and served as a director of a successful community bank. He has served on Boards and has made countless presentations to them, leaving him extremely comfortable with investors and in the Boardroom. He is also accomplished in building solid and effective relationships with attorneys, insurance and real estate agents, and vendors.
Joe earned his undergraduate degree from Harvard College on a Navy ROTC scholarship and his MBA from Harvard Business School. After serving in the Navy and Navy Reserve, he retired as a Captain with 23 years of total service, including a combat tour in Vietnam. When not working, Joe is an accomplished sailor and navigator. He has sailed halfway around the world including passages of the Indian Ocean, Red Sea, Suez Canal and Atlantic Ocean. His wife is an executive Nurse Practitioner managing the medical care of residents in four long-term care and subacute rehabilitation facilities. Joe is exceedingly proud of his two grown daughters, one a Registered Nurse in a surgical/trauma ICU and the other a Rhodes Scholar who just completed Yale Law School. Best of all, they are both great people.
Joe's unique skill set and sterling character make him an ideal partner for entrepreneurs keen to focus their own energies on growing their businesses.
Contact Joseph C. Worth
About Joseph C. Worth
Harvard College (BA in Economics)
Harvard Business School (MBA)
Organizations:
Financial Executives Networking Group (FENG) - Co-Chair, Monmouth/Ocean, NJ Chapter
Monmouth Ocean Development Council (MODC)
Lakewood Chamber of Commerce
New Jersey Technology Council
Blogs by Joseph C. Worth
- Testimonial - Contractors Sheet Metal
- Testimonial - Single Throw
- Testimonial - SeniorBridge
- Testimonial - House Party, Inc.
- Testimonial - Gourmet Guru, Inc.
- B2B CFO Named in Prestigious INC. 5000 LIST
- Part-time CFO services - What are they and why do I need them?
- To Get a Business Loan, Know How the Bank Thinks
- The Art of Asking the Right Questions
- Survive or Thrive?
- Podcast - What Every Business Owner Needs to Know to Effectively Manage Their Receivables (A/R) and
- Breakfast with the Coach - Top 5 Rules of Cash Flow
- CASH - Past, Present & Future!
- Good Advice on Email Marketing



