As the year winds down, small and medium-sized businesses (SMBs) are at a pivotal crossroads: it’s time to finish strong while setting the stage for even greater success in 2025. This is your opportunity to assess whether your financial performance hit your goals, tackle any remaining obstacles, and lay out a bold strategy for the …
Your Year-End Financial Checklist: Closing Strong and Planning for 2025 Read More »
I love the saying, “If you water it, it grows. If you ignore it, it dies.” This principle applies to running a business—especially when it comes to managing cash flow. As a fractional CFO, I often remind clients that cash flow is the lifeblood of their business; it needs regular, focused attention to thrive. Recently, …
If You Water it, It Grows: Cash Flow Management for Small Businesses Read More »
Finish Strong in Q4 and Set the Stage for Success in 2025 As we approach the end of Q4, it’s crucial for business leaders to prepare for the year ahead. It’s budget season, and this is the perfect opportunity to not only get your financials in order but to take a step back and plan …
Review, Recalibrate, Reframe: Finish Strong and Set the Stage for Success Read More »
I’ve always been a fan of great business books, and lately, I’ve been diving into Jim Collins’ BE 2.0 (Beyond Entrepreneurship). This book is packed with insights, many of which feel especially relevant to the challenges most companies face today. One principle that stood out for me was a key concept from his classic Good …
Building a Strong Business: Compensation Plan Lessons from BE 2.0 Read More »
“What does a fractional CFO do?” I’ve been getting a lot of questions like this lately. It’s prompted me to think about my role and how I help companies. Turns out, it’s a position with multi-faceted responsibilities, but the bottom line is My CFO firm helps small and medium-sized business (SMB) owners perform better. I …
7 Ways to Help Your Small Business Perform Better Read More »
During the 2024 Summer Olympics, Nike came out with a commercial focused on how winning is a curse, because you never want it to stop, and you are always striving for more wins. It’s like that in business, too. Businesses are always striving to win at the next thing. Whether it’s increasing profits in the next quarter, …
Being a Winner Doesn’t Have to be a Curse: Take Time To Celebrate Read More »
As a business leader, do you ever get stressed out over money? If so, you are not alone. In a previous post, I discussed the four pillars of financial success. In this post, I want to make it more personal – to show you how knowing and practicing these pillars can reduce your stress as …
How the Four Pillars of Financial Success Bring Peace Read More »
There are 33.5 million small to mid-sized businesses in America with $12 trillion market value. But the failure rate of all businesses is incredibly high. 22% of business startups fail in the first year, and 50% of new businesses fail within the first five years – and 70% fail within ten years.* Operational savvy doesn’t always …
Keep Your Business Healthy: The Four Pillars of Sound Financial Practices Read More »
Many business owners think their business is the only business with unpredictable income and cash flow. This makes me grin. Revenue for most businesses is never steady or easy to plan. If you are one of the fortunate ones with predictable revenue, it certainly makes things easier, but you are in the minority. At the time of …
How to Keep the End of a Quarter from Feeling Like the End of Your Business Read More »
I had a conversation the other day with a small group of venture capitalists and seed fund investors. I love talking with these types of people – they are so passionate and have super creative business ideas. When I shared my Fractional CFO services framework and approach to helping smaller growing companies, I also was …