Category: Cash

Why Every Business Owner Should Have A CFO On Their Team

CFO

Many of the business owners that I come into contact with are ‘successful’ while not having a CFO (Chief Financial Officer) on their teams: They are engineers, builders, medical professionals, attorneys, software developers, marketers, business coaches, etc., and are very good at what they do Their businesses have ‘been in business’ for several years, often… Read more »

Cowboy Math – Real Time Cash Flow

Every entrepreneur needs to realize he is primarily in the cash flow business.  Successful people always watch the numbers like a dog with a bone.  A problem exists today because the rules have become so complicated that the accounting world is focused on monthly and annual financial statements that follow GAAP rules where the numbers… Read more »

The Three P’s of Planning

Man Drawing Out Computer Strategy

People. Product. Profit. Those were the elements we used for the annual business planning process in the advertising agency where I spent a good many years of my career. Whether it was because I was part of the finance organization or just the reality of being part of a large, publicly traded entity with quarterly… Read more »

Growing by Acquisition or Merger

Scattered puzzle pieces next to solved fragment

Acquisitions and mergers are not just for big companies. Emerging companies can grow faster and gain more control of their destiny by acquiring synergistic competitors and suppliers. Acquiring or merging with another company sounds complicated, but it can be easier than you think with the proper guidance and leadership. Start with an objective to find… Read more »