In physics, a Black Hole is a celestial object that has a gravitational field so strong that nothing, not even light can escape it. A financial Black Hole can be thought of as something that continually consumes resources without continual replenishment, thereof, above the amounts being consumed. Greg Crabtree, in his powerful book, “Simple Numbers,… Read more »

Cyber Security – A Few Thoughts for Peace of Mind

Cyber Security – A Few Thoughts for Peace of Mind The Virus Dream Sequence… I have vivid and recurring dreams like most folks. You know; like being in a public place in your underwear or sitting for a final college exam for a class that you didn’t attend. Yeah, I have those. Lately I’ve dreamt… Read more »

Achieving Goal Clarity

On May 25, 1961, President Kennedy delivered a speech to Congress stating, “I believe that this nation should commit itself to achieving the goal, before this decade is out, of landing a man on the moon and returning him safely to the Earth.” This speech came less than 3 weeks after Alan Shepard became the… Read more »

Sustainability for the Life of Your Business

In the past year, my clients and my partners at B2B CFO® have shared quite a few insights with me.  It’s always interesting to distill the most important ideas down to an organizing principle. Some people refer to this process as homiletics. I’ll call it the “So What?” principle. If I share ideas with someone,… Read more »

Are Past Due Balances Putting Your Cash Flow at Risk?

Cash is the lifeblood of every business. Maintaining healthy cash flow is key in providing sufficient working capital to fund operations. One potential cash flow trap is accounts receivable. If you have a business that sells to wholesale customers, you typically have to offer them payment terms. Collection from these customers can be a challenge.… Read more »