Learn more about general accounting strategies from Krieger Analytics
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 explosive growth and the ability to break into new markets, among other things. As a business owner, you have probably imagined a best-case scenario where you had enough capital
Raising Capital for Your Business Read More »
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 divided among investors, founders, employees and management, among other parties. Each of these parties owns a piece of the company’s pie, as the analogy goes. How can a business
What is a Cap Table and Why is it Important? Read More »
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 complex, and involves many difficult legal and financial concepts. Often, prospective franchise buyers are overwhelmed by the recruitment process or turned off by financial concepts that can seem like
The Role of a CFO in Franchise Sales Read More »
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 a survey from Goldman Sachs 10,000 Small Businesses Program, nearly 2/3rds of small businesses have responded to the pandemic by pivoting to new revenue sources or adapting to different
How Virtual Controllers Can Create Value for Small Business Owners in 2021 and Beyond Read More »
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. Small business KPIs are quick ways for owners to shortcut their financial statements and understand the health of their small business. What exactly are KPIs and why are they
The Essential KPIs Your Small Business Should Be Tracking in 2021 Read More »
Food manufacturers have had a challenging 2020. With pandemic shopping being all of the rage, one would think the food business is booming. However, there have been two trends that have worked together to tamp down many food manufacturers – I work as an outsourced CFO for multiple clients in the food manufacturing and retail
The Current State of Food Manufacturing and Three To-Dos for 2021 Read More »
The election has provided some clarity about what the future administration will look like. Unfortunately, we still have very few details regarding if/what/when the next stimulus package will be. Many people are calling for additional stimulus. With Small Business confidence at an all-time low, it would be hard for Congress not to pass some additional
Projecting the Next Small Business Stimulus Read More »
In January 2020, Mark Belle knew he was going to have a challenging conversation with his boss. Mark was the general manager at one of the three locations of a food service provider that I had just begun to provide virtual CFO services. The company sold several retail products but also produced fresh, ready to
Inventory Accounting = Higher Profits Read More »
With Halloween upon us, let’s talk about the differences between a good and bad (or dare I say evil) accounting department. Small business accounting can be a struggle for many business owners. If it weren’t, you wouldn’t find over 4 million results for “What do bookkeepers do?” on Google. Finding the right fit for your
Good vs. Evil Accounting Departments – 10 Traits to Look For Read More »
Many business owners face the same dilemma this upcoming budgeting season: how to make ends meet. Despite pockets of success stories, most data points to businesses struggling in general. Several surveys have shown just how deep the impact has been. Alignable found that by April 4th, 43% of businesses had temporarily closed and 39% had
COVID + Budgeting – A Cost-Cutting Primer for 2021 Read More »
