Why Financial Organization Creates Business Freedom (Taken from My Own Experience)
When I first started a business, my finances were never organized. I was in the restaurant industry, and I was constantly scrambling and stressed. As a business owner, I wish I’d known how much freedom comes from keeping my finances consistently organized, reconciled, and up-to-date. That kind of freedom comes as a direct result of […]
Why Cash Flow Forecasting Matters (Instead of Just Checking Your Bank Balance)
If you’re a business owner, you have to be careful of assuming you’re in better financial shape than you actually are. It can be tempting to look at your bank account, see you’ve got a bunch of money, and assume your business finances are healthy. But it’s naive to think that how much you have […]
Five signs that tell me a business needs a fractional CFO (not just a bookkeeper)
How do you know when to go from just having a bookkeeper, to hiring a fractional CFO? In this post, I list five signs that may indicate it’s time to start looking for someone to fill this role for your business. 1. It’s been a while since you thought strategically about your business finances. You’re […]
Four healthy financial leadership habits to practice in your small business
A lot of small business owners struggle with their finances in large part because they aren’t practicing healthy financial leadership habits. And by not practicing them, they’re having a negative impact on their team, their revenue, and their future growth. If that’s you, I’m going to share some healthy financial leadership habits you can start […]
Five things I wish I knew when I started my first business
The first business I started was a restaurant. Back then, I was hard-headed and didn’t know what I didn’t know. Looking back, I wish I had a guy like me sharing the same advice I’m going to discuss here. Whether you just started your business or you’ve owned one for decades, I hope these tips […]
Financial mistakes businesses should avoid
As a fractional CFO, I work with business owners who are great at running their companies but don’t always have the space to slow down and look around the corner. And they end up making financial mistakes because they were reacting instead of thinking ahead. In this post, I’ll cover some costly financial mistakes I […]
Answering Questions about Cost, HR Services, & More
I’m switching things up in this blog post by answering a few questions you may have for me. Because you shouldn’t have to get on a call just to get some basic questions answered. With that in mind, allow me to start with the most common question I get asked… Question I get asked the […]
Tips for Reducing Your Bookkeeping Anxiety
In my experience, many business owners feel stressed when it comes to keeping up with their books. Maybe you can relate. You worry about missing something, overreacting to the wrong numbers, or wasting hours trying to sort it all out. But it doesn’t need to be something you dread doing (or put off until the […]
Why You Shouldn’t Wait Until Tax Time to Organize Your Books
If you’re like a lot of business owners, you may be in the habit of putting off bookkeeping until right before tax time. I completely understand. You’re busy, and it’s not the most exciting part of running a business. But waiting until the last minute can hurt you in the long run. In this blog […]
Common financial blind spots business leaders have (& what to do about them)
If you’re running a business, you’re already stretched. But if you overlook the basics of your financials, problems start stacking up fast, and they usually show up at the worst possible time. Based on my experience, I’ve found that business leaders tend to have five specific financial blind spots. In this article, I’ll list them […]