Insights

Sharp ideas on profit & cash.

Practical thinking on margins, cash flow, tax, and growth — written for owner-operators and franchisors.

All General Accounting Accounting Strategies For Small Business Business Accounting Guides Outsourced CFO Business Advisory Services Small Business Financial Reporting Small Business Accounting Terms Business Strategy Small Business Cash Flow Management Franchising

Small Business Accounting Terms · 3 min read

Crash Course: Budgeting for Profit

The last time you budgeted for your business, I am sure you did it the way 99% of owners do. You projected your revenue based on…

Accounting Strategies For Small Business · 3 min read

3 Keys to Reviewing Your Financial Statements

Let me get this off my chest right away….most business owners stink at reviewing their financial statements. It’s not an intelligence thing or even a lack…

Accounting Strategies For Small Business · 4 min read

Real Talk about CFO’ing for the Small Business Owner

I talk with a lot of business owners and most immediately dismiss a CFO. I hear it all… ”they are too expensive”… ”I am just a…

Accounting Strategies For Small Business · 10 min read

Why Your Small Business Needs Some CFOing

I have spoken with enough small business owners to know they don’t understand what role a Chief Financial Officer (“CFO”) would play in their business. Admittedly,…

Outsourced CFO Business Advisory Services · 10 min read

CFO’ing for Franchisors

I was recently at a 2-day franchisor retreat. As a franchisor myself, I am around the industry quite a bit. It was one of those retreats…

Small Business Accounting Terms · 9 min read

Decoding Accounting: A Crash Course in Inventory Management

I love Under Armour. I am very brand loyal and it is not uncommon to see me in multiple Under Armour outfits throughout the week. As…

Accounting Strategies For Small Business · 7 min read

An Easier Revenue Growth Formula: Building Your Ideal Customer Profile

I don’t know a business owner that I have sat down with in the past that has said: “I have just the amount of customers I…

Small Business Accounting Terms · 6 min read

Decoding Accounting: Cash vs. Accrual

I was meeting with a business owner last week who told me they were interested in moving to accrual-based accounting method. They were currently on the…

Accounting Strategies For Small Business · 8 min read

Back of the Napkin Profit Growth

In late July I was having drinks with an acquaintance, let’s call him Derrick, who is contemplating franchising his men’s hair salon concept. I was put…

Small Business Accounting Terms · 12 min read

Decoding Accounting: Old 401(k) Math + New Rules

The Department of Labor released a new rule to make it easier for small businesses to band together to create joint 401(k) retirement plans for workers. …

Business Accounting Guides · 11 min read

5 Considerations For Bringing in a New Partner for Your Small Business

According to the Small Business Administration, 70% of businesses are owned and operated by sole proprietors. While that is a huge percentage, it still leaves a…

General Accounting · 10 min read

Flowers and Profits – How One Small Business Owner Manages Through His Bank Account

I was sitting in a local chamber of commerce meeting this past February where the discussion topic was how to attract more young employees into the…

The Clarity Brief