The Ins and Outs of Cash Flow

Knowing what your cash flow is at any given time is important for all businesses, but especially for entrepreneurs who may not have the luxury of deep pockets. This is especially true during periods of business growth. Why? Because your expenses go out before your...

Building a Financial Foundation

Every business owner needs a basic financial parachute in place. What does this really include, though? If you want to get down to just the basics, that includes insurance and at least one month’s rent and payroll expenses in your bank account as a buffer. If your...

Money Leaks

I get it—it’s hard to face the truth sometimes when it comes to money. We have a difficult enough time looking closely at our personal finances, let alone our business’. If you let anxiety about money seep into your business model, or if you are wondering why you are...

Your Small Business Profitability Team

Your business’s Financial Team requires three key people: a bookkeeper, an accountant, and a CFO or controller. Your bookkeeper enters all the financial data into your accounting software. Your accountant preps your tax documents and reviews your books at least...