Tag: best practices

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 »

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 »