A Small Business Budget: Examples and Tips
If you don’t have a budget for your small business, don’t worry. You’re not alone. In fact, half of small businesses run without a budget. Why?…
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Small Business Financial Reporting and Analysis
What is Financial Reporting and Analysis? When people ask me this question, there are a few metaphors that I could use to describe financial reporting. Sometimes,…
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Measuring Sales Channel Profitability for Food Manufacturers
As a small to medium-sized business owner, you are probably aware that opening a new sales channel can be an exciting process: New sales channels can…
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Financial Coaching for Franchisees
As a franchisor, you are probably aware that new franchisees can often require a bit of coaching. What you might not be aware of, though, is…
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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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The Current State of Food Manufacturing and Three To-Dos for 2021
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…
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Projecting the Next Small Business Stimulus
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…
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