A frequently heard complaint among small to medium business owners is “I am making money, but I have no cash. How can that be?” Well, it is more likely the norm than the exception.
Years ago I was hired by a company that had revenues of about $130 million. Margins were healthy, G&A costs were a little excessive (a lot of the owner’s personal expenses were run through the company), but not completely whacko.… Read more >
A recent Inc Magazine/Manta survey of Small Business Owners listed their goals for 2012:
1. Grow the Business
2. Improve relationships with friends and family
3. Eat healthier
4. Work out More
5. Work less
In other words Entreprenuers say they want more time and more energy. I can help.
As a Partner with the national CFO Services firm, B2B CFO®, I provide affordable, professional financial management services to business owners.… Read more >
With the earnings reporting coming out now for the first quarter of 2012, it’s instructive to take a look at a few turnaround actions and strategies.
We provide CFO services, typically for businesses of $1 million to $30 million in revenue, but we are always trying to learn lessons from businesses of all sizes, large and small.… Read more >
Tagged with: CFO
Posted in Cash
It’s the time of year when we think of what we could have done better last year and how we are going to fix it in 2015. One of the items that we often overlook as a smaller business is the budgeting and planning process. Generally, I have run into two objections to the process.… Read more >