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Latest Posts
The Two Cash Flows Every Business Owner Must Learn to Manage
Most business owners believe that if their company is profitable, everything must be fine. On paper, that makes sense, but there’s more to it in reality. You see, Profit is an accounting result. Cash flow is what actually keeps your business operating. It’s what allows you to make payroll, pay your vendors, cover your taxes, and sleep at night. I’ve
Cash Flow Solutions –
Twelve Things To Do If You’re Cash Short
Every business ends up short of cash from time to time. But there’s short of cash, and then there’s SHORT
Plan for Where the Business Is Going, Not Where It’s Been
I recently spoke with a business owner who had been running his company for eight years. He has done a
Wearing 500 Hats
“The 500 Hats of Bartholomew Cubbins” by Dr. Seuss was one of my favorite books as a youngster. It’s the
Become a Financial Detective For Your Business
Put on your trench coat and grab your magnifying glass. Your financial reports already contain the answers you are looking
You Can’t Sell What You Can’t Deliver
(Even Santa Learned This One) There are many elements involved in developing and manufacturing products for customers. In fact, most
Stupid Things Smart People Do That Cost Them Money
Real-World Lessons in Fraud, Trust, and the Importance of Internal Controls It’s Not the People You Don’t Trust—It’s the Ones
A Bookkeeper, a Controller, CFO and a CPA Walk into a Business
You thought I was going to say bar, didn't you? I thought about it, but decided it was going to
Growing Pains: A Case Study in Cash, Control, and Clarity
Growing Pains: A Case Study in Cash, Control, and Clarity Every business owner I meet wants to grow. Growth means
Profitability Challenge
How does your business make a profit?
Of course, you know the answer! You buy raw materials, you pay your staff, rent and utilities and you sell
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