Cazenovia In an increasingly difficult time for small business owners to stay competitive and remain viable, a new business in Cazenovia is looking to help. Michael Lappin, a CPA and MBA who has worked as a financial executive for million-dollar companies and owned and operated his own businesses, is now offering his experience and expertise to help local entrepreneurs achieve success.
“I see myself as a for-hire CFO, but I don’t just sit behind a desk and give paper reports; I help and give advice. I see myself as a coach: I keep the discussion focused, I assist the owner in developing a plan, I monitor the results and I keep the business owner on track,” Lappin said. “I go above and beyond — I’m not just a numbers guy.”
Lappin, who grew up in Central New York and received degrees from the Rochester Institute of technology and Farleigh Dickinson University, has worked nationally and globally in creating, improving, sustaining and turning around companies ranging from start-ups to global competitors.
He has served as divisional controller at Revlon Cosmetics, as vice president-controller for The Limited (women’s apparel) Corporation’s Catalog Division, as vice president of finance for Waterford Wedgewood USA crystal and tableware company and as a consultant assuming the role of chief financial officer for start-ups, turnarounds and transitional companies in Atlanta, Ga. Lappin also owned and operated a small manufacturing company in Syracuse for several years until foreign competition and the economic downturn forced the company to close.
Throughout his years of business experience, Lappin became disenchanted with the politics of corporate business and realized that what he loved was working with small businesses and helping them succeed. And as the owner of his own business he knows exactly what entrepreneurs face in keeping their companies in business. He understands the regulatory aspects, the hiring, finance, customer service and everything it takes to keep moving forward.