As a business owner, you know that keeping your finances well organized is important. But the reality is that it can be time consuming to work it into your busy schedule and can start piling up as other more urgent tasks push it to the bottom of list. Then, when tax time comes or you’re… Read more »
Whether you’re buying or selling a business, knowing how to analyze the financials is critical to accurately assessing a business’s value prior to a sale. In a recent article I read on entrepreneur.com, the author explains three key financial metrics that are important to review to make a good assessment about the value of a business.… Read more »
Growing businesses often reach a point where they need professional financial guidance, beyond budgets, cash management and monthly reports. Owners need someone tasked to optimize the business’ financial performance, including its reporting, liquidity, and return on investment. You may be asking, does my business need a CFO? Should I invest in a CFO service? What… Read more »
According to an article I read on Inc.com, setting quarterly business goals can have unintended negative consequences. In some cases, it can encourage employees to focus only on the quarterly goals as opposed to the company’s overall goals. It can also cause problems for companies that need to be more agile at certain stages of… Read more »
According to an article I recently read on Inc.com, business sales are set to break the 2017 record in 2018. This means that now is a great time to sell your business. But even if you’re not quite ready to sell, it’s very important to start preparing now by making sure your finances are in… Read more »