Tag: best practices

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 »

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 »

Maximizing the Cash Generated by Your Business

Most articles published about maximizing cash in a business focus on managing the balance sheet (i.e. collecting accounts receivable, reducing inventory levels, extended payment terms, etc.). While managing these accounts is important, it does not reflect how cash is generated in the business. There are three sources of cash in any business: from lenders, from… Read more »

Weaving Your Net

Networking

I recently attended my son’s Sociology Department graduation ceremony and listened to student speakers talk about “Social Networks”.  Their references were mostly about social safety nets. But, as I listened, I recalled the beginning of my career at B2B CFO when I was told that building business was all about networking. The trouble for me… Read more »

Business Transition Explained – First Installment

  What it means for you and those you know… I am excited to announce that I recently completed B2B CFO’s excellent certification program and am now a Certified Business Transition Expert! Our organization takes great pride in bringing lasting value to our clients through our role as long-term trusted business advisors. This certification rounds… Read more »