Words From the Mind of a CFO

The Magic Number: Knowing When Your Business Actually Starts Making Money Have you ever looked at your bank account and wondered where all the money...

Is That Cash Actually Yours? Understanding Recognizing Revenue and Deferred Revenue Have you ever wondered if the money sitting in your bank account...

Understanding how much money your business is actually making can be tricky. You might see a healthy bank balance today, but that doesn't always...

Understanding Your Bottom Line: A Guide to Job Costing and Owner's Equity Whether you call it job costing, project profitability, or project...

Reconciliations and the Month-End Close: The Key to Accurate Finances Have you ever heard your bookkeeper or accountant mention "reconciliations" or...

Is Your Business "Short-Term" Healthy? Managing the cash flow of a business can often feel like a juggling act. To keep things moving, accountants...

Is Your Business Actually Making Money? The Cash Flow Truth Most people think that as long as there is money in the bank, their business is doing...

The Business Owner’s Guide to Understanding Budgeting and Forecasts Let’s talk about your budget. Now, when I bring up that word for some of my...

Is Your Business Actually Healthy? Understanding Liquidity vs. Profitability Financial jargon can make anyone’s head spin: but at the end of the...

Is Your Business "Healthy"? The One Number You Need to Know We often talk about profit, but there is a much more important metric (or KPI) that...