Words From the Mind of a CFO
Why Your Balance Sheet Matters (And How to Actually Use It)
Let’s be honest, when most business owners receive their monthly financials, they flip straight to the Profit & Loss statement. It’s instinct....
Six Steps to Help You See Six Months Into the Future
Wouldn’t it be great to see six months into the future? While we can’t hand you a crystal ball, we can offer the next best thing: financial...
Gross vs. Net Profit: Why Every Business Owner Needs to Know the Difference
Have you ever looked at your revenue and thought, “Wow, I made a lot this month!” only to wonder where all the money went? You’re not alone. Many...
The 10 Commandments of Business Budgeting
When most people hear the word budget, the first word that comes to mind is restrictive. But a budget isn’t about saying no - it’s about knowing...
Cash vs. Accrual Accounting: Your Business Deserves Both Views
Let’s be real: accounting isn’t usually at the top of the "fun things" list for most small business owners. But stick with me... I promise this...
Are you a Bench Player stuck on the sidelines?
Bench, a Canadian based accounting company, abruptly shut down last week. This left more than 35,000 US customers shut off from all their...
Underpaid entrepreneurs and CEO pay ratio
I stumbled across an article about CEO pay recently. The SEC requires public companies to disclose the ratio between the CEO's paycheck and the...
Is your company going through its teenager phase?
We’re not talking about calendar years. We’re talking about your company’s stage of business maturity. We call toddler companies “start ups”. We...
Planning for the Next Year
The nicest thing about not planning is that failure always comes as a complete surprise and is not preceded by a period of worry and desperation....
Are you at the Complexity Barrier?
Lately have you experienced any of the following? I complain about how hard I work for so little money. My spouse is mad at me because I am never...