Resources
Guide to Fractional CFO Services
CFO’s Small Business Financial Report Guide
Articles
From Bookkeepers to CFOs: A Primer on Small Business Accounting
Growing a business is hard, and there are many documented reasons why. However, there is a reason that you don’t see discussed as often. Smaller companies struggle to fill the same functions as a large business, albeit at different levels. Before going further, let’s differentiate between function and employee. An employee may be a bookkeeper,
Understanding Finance Options for Franchise Prospects
In early 2020 I was talking with the franchisor of a gym concept in Texas. Let’s call the franchisor Dave to make things easier. “Dave” and I were walking through his sales and finance process. Four years earlier, Dave had opened up his first store. A year later, he opened up his second store. One of his clients,
What is Your Franchise Worth?
Andy Bell was tired of the corporate world after 17 years in the food and beverage industry. In 1998, he founded his own franchise Handyman Matters in Lakewood, Colorado. Over the next 21 years, Bell would build the system to 57 franchisees collectively employing approximately 250 handymen and women in 121 territories across 23 states. In 2019,
Is Your Bookkeeping Creating Value?
A commodity is a basic good that is interchangeable with other goods of the same type. For example, silver is a commodity. That is not to say silver does not has value. However, if you were in the silver market, you would not care if you got it from Vendor A or Vendor B. Why? Because silver is silver. The raw
Your Accountant Isn’t Your CFO, Which May Be a Good Thing
In late 2019, I had coffee with a father-son ownership team for a Denver-based food manufacturer. It was a casual coffee that I attended as a friend who was looking to invest in their company. While they firmly believed in the product, they had questions around their strategic direction. During this discussion, I suggested looking
7 Numbers Franchising Brands Should Know
We are all sometimes guilty of living in our own little bubble. In business, it is vital to know what is going on around you. I have learned in my time in franchising that if you are experiencing a problem or issue, several others are going through the same. In the spirit, here are seven
An Owner’s Guide to Financial Reporting
I often read articles that point to characteristics that help some be better equipped to own a business than others. I work with enough business owners to know that people with all different types of strengths can succeed. However, no matter the skill set, there are two traits all business owners seek – answers and
So Much Confusion About Strategy
Tesla is a company that evokes emotion in some. If you are a short term investor, that emotion is often confusion and bewilderment. The company has made long-term investments while shrugging off short term profits. As a result, Tesla has posted huge losses. Still, its largest shareholder, Elon Musk, continues to invest millions of dollars
How to Sell Your Franchise During a Crisis
Shelley Bosio opened up her small donut shop in Littleton, Colorado, in May for the first time since closing in late March. Donuts are not typically a high volume delivery item that can be sold through UberEats, so delivery was not going to work for her business. During the first two weeks of the shutdown
Thrive in the New Normal with Lessons from the Past
As most small business and franchise owners emerge from quarantine, multiple questions hang in the air. What does the future hold next? When will consumers feel comfortable again? When will we get back to “normal”? Early indications from China and other countries that have “reopened” are that consumers will be slow to come out as
PPP Loan Guide Updates After Congress Approval
Congress has finally passed some much-anticipated updates to the Paycheck Protection Program. While the bill sits on President Trump’s desk for his signature, we can start to look at what was updated. Krieger Analytics My name is Matt Krieger, and I am the founder of Krieger Analytics, a CFO advisory partner for small businesses and
PPP Loan Forgiveness
Want to purchase this spreadsheet – for $39 save yourself hours of time. Krieger Analytics My name is Matt Krieger, and I am the founder of Krieger Analytics, a CFO advisory partner for small businesses and franchisors. I am also the owner and franchisor of a concept called Monkey Bizness, in Denver, Colorado. As a