I Want to Grow My Business, But Where Did My Time Go?
Financial Management | Growing Your Business | Profitability Coaching | Uncategorized

I Want to Grow My Business, But Where Did My Time Go?

Every business owner has a big vision for their company and wants to make it happen. The problem is, most owners aren’t sure how to move forward and grow revenue, leaving them confused and frustrated. That was certainly the case with a professional services firm I’ve been working with for about a year now.  In our…

3 Liquidity Traps to Avoid
Financial Management | Growing Your Business | Profitability Coaching | Uncategorized

3 Liquidity Traps to Avoid

You might be in a growth phase of your business. Growth always requires cash and cash is generally at a premium. Further, there are some liquidity traps to be avoided as you grow. Here’s 3 to watch out for:  1) Excess build-up of accounts receivable  It’s normal for your receivables to increase when you grow. However, if…

Are You Under-Banked?
Banking | Financing | Uncategorized

Are You Under-Banked?

Are you under-banked? If so, you’re not alone. A recent article I read indicated that among CFO’s, being under-banked has landed on the growing list of challenges most CFO’s face. Here’s why:  A recent report stated that the financial landscape for small to medium sized businesses (SMB’s) has changed significantly.  Credit markets have become increasingly biased toward bigger…

2 Questions You Need to Answer Before You Talk to a Bank
Banking | Financing | Uncategorized

2 Questions You Need to Answer Before You Talk to a Bank

Every business owner wants abundant cash flow in their business. It’s emotional and practical. Cash is like oxygen. Your business can’t function without it.  When cash is in short supply, owners become lightheaded, then despondent, then desperate. Cash represents success and lack of it, failure. It’s not a question of “if” cash is in short supply,…

Teaching Financials to Drive Performance: Part 3, The Cash Flow Statement
Financial Management | Growing Your Business | Profitability Coaching | Uncategorized

Teaching Financials to Drive Performance: Part 3, The Cash Flow Statement

Every business owner wants to increase cash flow to have more cash. But it’s frustrating trying to figure out which “levers” to pull to increase cash flow. It shouldn’t be so hard to have a business that brings in more cash than it spends. Recent studies show that the lack of cash flow is the…

Teaching Financials to Drive Performance: Part 2, The Income Statement
Financial Management | Growing Your Business | Uncategorized

Teaching Financials to Drive Performance: Part 2, The Income Statement

Every business owner has a big vision for their company and wants to make it happen. However, when the owner is struggling with making the company bigger, they often get confused or frustrated that it’s not happening. They didn’t teach you how to grow your company in college and there’s no on-the-job training when you’re…

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