I have a client with $25 million in sales and $5 million in EBITDA. For a manufacturer, those numbers tend to attract attention from potential buyers. And this year, that’s exactly what happened — we found ourselves in the middle of a due diligence process for a potential transaction. The process went smoothly throughout. In
The Future Accounting Department Read More »
Most small business owners spend years obsessing over growth, margins, hiring, and customer retention. Very few spend the same amount of time thinking about how — or when — they will eventually step away. That blind spot is no longer anecdotal. A recent Gallup poll sheds light on a quiet but serious issue facing the
Consulting firms rarely struggle because they lack expertise. More often, they struggle because the business beneath that expertise never fully matures. Client demand exists. Teams stay busy. Revenue grows. Yet cash remains tight, margins fluctuate, and the owner feels more pressure with each passing year instead of more control. This isn’t a talent problem. It’s
Outsourced CFO for Consulting Firms: Why Financial Strategy Is the Missing Growth Lever Read More »
No one wakes up excited to track their time. It’s tedious, often imperfect, and feels like an administrative burden. When I left public accounting, I remember thinking, “I will never track my time again.” Oh how things change! For agencies and consulting firms, time tracking isn’t just a task — it’s the foundation of profitability,
Why Time Tracking Is the Secret Weapon of Profitable Agencies and Consulting Firms Read More »
In December 2015, I sat in my car in silence—equal parts shocked, scared, and excited. I had just bought a business. For a $900,000 purchase price, I had invested less than $25,000 of my own cash. The rest came from a mix of seller and bank financing. The business was called Monkey Bizness, an indoor
How to Buy or Sell a Business Read More »
Most business partnerships start with optimism and big dreams. I can’t count how many times I’ve heard two partners insist they don’t need a formal agreement—after all, the business will be wildly successful. There will be more than enough to share. In those early days, it’s easy to believe nothing could go wrong. But what
What Happens When a Partnership Ends? Read More »
Introduction: A Productivity Wake-Up Call The latest Gallup State of the Global Workplace 2025 report shows the share of engaged employees worldwide slipped from 23 % to 21 % in 2024—the sharpest decline since the pandemic year of 2020. That two-point dip cost the global economy a staggering US $438 billion in lost productivity. As
Unlocking Workforce Productivity: An Outsourced CFO’s Playbook for Small Businesses Read More »
You’re showing a profit—but your bank account tells a different story. In this article, an outsourced CFO breaks down the disconnect between profit and cash flow using real-life case studies. Learn why timing, inventory, and owner draws could be silently draining your cash—and get 5 quick strategies you can implement in just 10–15 minutes a week to stay ahead.
Why Is My Business Always Low on Cash? The Real Story Behind Profit vs. Cash Flow Read More »
Introduction: A Tidal Wave of Changes—Are You Ready? If you’re a small business owner who relies on outsourced CFO services or handles your own tax strategy, you can’t afford to ignore the potential impact of this sweeping new legislation. The proposed bill, dubbed the “One Big Beautiful Bill,” may still be winding its way through
How the “One Big Beautiful Bill” Could Impact Small Business Read More »
The dream of entrepreneurship is alive and well in the U.S., but the journey from a great idea to a thriving business remains steep. According to the U.S. Census Bureau, fewer than 10% of small businesses ever reach more than $1 million in annual revenue. And while nearly half of Americans have considered starting a
