|
Finance is not rocket scienceSadly, itβs become this mysterious field for small business owners like yourself. And it keeps owners in the dark from making their best choices for their businesses. My love for finance started when that light bulb turned on. Finance is not bookkeeping or taxes. Finance is making good decisions, which requires good financial analysis and controls. You cannot be strategic in your business without first understanding your numbers.Thatβs when I decided to bring my CFO-type skills to small businesses. To help owners become leaders, by integrating numbers into their daily choices and busting the mythβthat finance is rocket science. it isnβt. Ready to make choices based on data, not hunch? Ready to feel in control of your business? Ready to grow revenues & increase profits? With confidence?
Outsourced CFO Support that grows your cash and your confidence Hi Reader, A big theme this month for many of my clients has been working capital and cash. Working capital is a tricky one, because it's fluid and you can calculate it a few different ways. You also have to know what you need the $ for. Is it for AP, Payroll, Equipment or COGS? Here are my quick tips: get really familiar when cash comes into and goes out of your bank account, but also don't purchase stuff based on what's in the...
Outsourced CFO Support that grows your cash and your confidence Hi Reader, This has been heavy on my mind recently as I've reviewed the last 12 months of work with a particular client. There is something that all businesses need to be aware of that won't show up in your financial statements, and yet will inevitably show up there anyway. Passion. Ownership. Culture. I'm starting to sound like an AI bot, I'm not I swear. This particular client, who I've come to care deeply for, went through the...
Outsourced CFO Support that grows your cash and your confidence Hi Reader, This has been heavy on my mind recently as I've reviewed the last 12 months of work with a particular client. There is something that all businesses need to be aware of that won't show up in your financial statements, and yet will inevitably show up there anyway. Passion. Ownership. Culture. I'm starting to sound like an AI bot, I'm not I swear. This particular client, who I've come to care deeply for, went through the...