Is It A Cost Or An Investment?
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Is It A Cost Or An Investment?

As the economy begins to swing back upwards, business owners are asking “Should I be investing in people or equipment or in a building that my business could occupy?” For many of my clients, the answer is yes. But with many businesses recovering from tight cash flow the past year or more, it’s difficult to look…

Do You Have What it Takes to Be a CEO?
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Do You Have What it Takes to Be a CEO?

When it comes to running a business, every CEO wants to know if they’re making the best decisions for the financial future of their company. However, it’s virtually impossible for the CEO to be all things to all people which makes them overworked, exhausted, and sometimes even paralyzed not knowing who they can go to…

Business Succession Planning- How Ready Are You?
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Business Succession Planning- How Ready Are You?

Every business owner has a big dream for their company and wants to make it happen. Yet in many businesses, too little of that work goes into determining who will take over when the founder leaves the stage.  Only one in four private companies say they have a formal succession plan in place. Many CEOs are too caught up in…

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

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

Teaching Financials to Drive Performance: Part 1, The Balance Sheet
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Teaching Financials to Drive Performance: Part 1, The Balance Sheet

Every business owner wants to make more money and maximize profits. The problem is that many business owners don’t know how to manage the finances of their business or what levers to pull to improve overall profitability.  One of my business owner clients put it like this: “I never had a problem making money. Revenue…

How Business Owners Are Setting up For a Strong Start To 2021
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How Business Owners Are Setting up For a Strong Start To 2021

When it comes to running a business, every business owner wants to be confident about how to move forward with a strong financial position. In order to do that, they need to increase revenue and maximize profits. The problem is most business owners aren’t experts in knowing how to manage the financial part of their…

How Cash Can Help Your Business Grow Fast
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How Cash Can Help Your Business Grow Fast

Every business owner has a big vision for their company and wants to make it happen. The problem is most business owners don’t know if the decisions they’re making are helping or hurting, leaving them confused and frustrated.  In a recent LinkedIn post, I asked what the one thing was that you wish you knew…

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