What is Cash Burn and Why Is It Important?
As a business owner you’re already aware that operating your business requires cash. Stocking inventory, financing payroll, and purchasing new equipment, among other things, require a…
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Raising Capital for Your Business
Time To Raise Capital? How Much Should You Raise The prospect of fundraising is understandably exciting to business owners. An injection of equity capital can mean…
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What is a Cap Table and Why is it Important?
You are probably aware of the analogy that compares business ownership to pieces of a pie: The ownership of modern small and medium-sized businesses is often…
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The Role of a CFO in Franchise Sales
Opening a franchise is a significant decision and one that involves a certain amount of risk. The legal relationship between franchisors and the franchisees is also…
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How Virtual Controllers Can Create Value for Small Business Owners in 2021 and Beyond
While the sea change of COVID-19 has affected nearly all sectors of the economy, it has been especially impactful to small and medium-sized businesses: According to…
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The Essential KPIs Your Small Business Should Be Tracking in 2021
Don’t Drown in KPI lists – Here are 4 To Implement Today Most business owners have almost certainly heard the term “key performance indicators,” or KPIs.…
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Inventory Management: The On-Hand Sweet Spot
A business owners understandably want to leverage every possible advantage over their competitors. Often, this means leveraging cash to make investments in a sales team, product…
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The KPI Primer For Franchisors
As an entrepreneur, you are probably aware that gut feeling counts for something in business. Often, being open to what your intuition is telling you can…
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KPIs for Food Manufacturers
Setting goals is an important first step toward owning a successful business. But goals aren’t reached by chance. Without measuring your progress with data, it can…
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Understanding the Right Time to Hire a Virtual CFO
Small to medium-sized business owners are understandably focused on growth. Seeing your business grow is exciting, and success is often measured in how top-line revenue increases…
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Inventory Spoilage for Food Manufacturers
Throwing out half of a palette of expired lettuce is often part of the job when managing a small to medium-sized manufacturer, and it may not…
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The Accounting Department for Franchising Companies
Managing franchises is a difficult, involved process. Franchisors feel the understandable need to focus on growth, and that can mean trouble with prioritizing finance or accounting…
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