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 >
B2B CFO, the nation’s largest CFO and Exit Strategies firm for privately held businesses, announced today that award winning author and Inc. Magazine’s Editor-at-Large, Bo Burlingham will keynote the National Partners Meeting to be held April 28-30, 2016.
The invitation-only annual event that brings together all of B2B CFO’s Partners from across the country along with sponsors and special guests will be hosted at the Scottsdale Resort and Conference Center in Scottsdale, Arizona.… Read more >
As I near my second anniversary with B2B CFO®, I have certainly gained a heightened appreciation and understanding of the unique patchwork of businesses that make up the Rio Grande Valley economy. One thing that I have noticed that is of particular interest to me, is the lack of formality and specificity with which we use the terms “accountant”, “controller”, “CFO” and others in our region. … Read more >
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 >