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Cash 101

Jack Welch famously said, “Number one, cash is king . . . number two, communicate, number three, buy or bury the competition.”  If cash is king, and number one on the famous CEO’s list, then let’s get to know cash a little better.

It has been said that cash is the fuel that drives a business or the gas that keeps the engine running. …

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A Commonly Overlooked Strategy to Boost Profitability

When was the last time you put your pricing strategy on trial? It may be tempting to “leave well enough alone” and either not raise prices or simply implement small price increases each year.  However, it could be time to fundamentally rethink your pricing model and experience a significant jump in profit.

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Posted in Business Best Practices, Other

Business Valuation: 3 Crucial Steps to Prepare to Buy a Business

If you’re in the market to buy a business or considering it in the future, conducting a thorough business valuation is crucial. Each situation is unique, so be sure to take your time and do your homework scrupulously.

To help you in this process, I found a helpful article from the Business Development Bank of Canada.

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Posted in Business Best Practices, Exit Strategies, Other

The Art of Listening: The Key to Good Relationships & Your Next Sale

Have you ever had someone say to you, “Please let me finish,” or “You’re not listening to what I am telling you?”

These are all cries for attention. Most people, in the heat of an exchange with others, do not recognize it, or worse, acknowledge it. The people who really make me take note of their wisdom and cleverness are mostly people who get me to babble about myself, my experiences and things that make me feel warm and fuzzy.…

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Posted in Business Best Practices, CFO Services, Other

Are you tracking the right numbers for financial health?

To learn more about key metric critical numbers that should be tracked closely to monitor financial health, check out this helpful article from Inc.com. You can read it here.

If you’d like to learn more about your company’s financial health, you can reach me at 214-402-8315 (office/cell) or gkatlein@b2bcfo.com.…

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