Monthly Archives: April 2015

The 5 things you should not do when looking for a commercial loan.

Dice Next To Monopoly Houses

I’ve said this before and here it comes again.  The banks are lending money.  Not like they were in the early 2000’s but that’s OK., lending was way over the top back then.

But if you do need a loan, then please put your best foot forward.  That means don’t do any of the following:

  1. DON’T give your banker bad financial statements. 


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Posted in Business Best Practices, Cash

7 Questions to Ask before you Sell your Business

Man Looking At Exit Sign On Wall

The act of selling your business is not something you want to do in the spur of the moment. This particular situation requires deep rational thoughts; otherwise you might have regrets later in your life. From a sheer financial standpoint, you have to make sure you get what your business really deserves and settle for nothing less, if of course your final decision is to sell.…

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Profit Improvement Solutions

Renaissance Man Kneeling Before Giant Dollar Sign

 

Profit Improvement is frequently not as difficult as it may seem. In essence profit improvement occurs when revenues are increased, costs are decreased, or preferably both. The CFOs of B2B CFO have significant experience in the profit improvement process and have many profit improvement solutions!

Proudfoot Consulting, a global consulting group, says it this way: “All work is a process and all processes can be analyzed and improved.”.…

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Vision, Mission, and Strategy

Hand Holding Up Magnifying Glass In Light

In undertaking the planning process, the vision and mission statements provide a foundation for everyone:  customers, employees, vendors, and other stakeholders.  Similar in purpose, these statements may even be combined into one statement.  Both work to identify the purpose of the organization.  The vision statement brings in values – how the organization is to act. …

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Tax Advice that can save your Small Business a lot of Money in 2015

Black And White 1040 Tax Form

Every entrepreneur knows that raising a business off the ground is no child’s play. Precisely when you need every penny to pay for expenses and, of course, yourself, taxes come in to destroy your income. Fortunately, there are certain ways that you can save on tax and use those resources to grow your business.…

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