Words From the Mind of a CFO
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...
How are you doing, small business owner?
We're long past the dark days of early COVID. But times are always uncertain and scary for some business owners somewhere. If that's you today, the...
Cash Versus Accrual? You Need Both
Barry, owner of an electrical contracting business, was frowning at the reports on his desk. His eyes narrowed as he looked up at me. “When we...
