Businesses and franchisors that successfully emerge from the COVID-19 will need to rely on creativity. As an outsourced CFO, I have been working with franchise concepts and business owners on strategies to come out of the COVID-19 crisis. The ability to be creative and problem solve is the most crucial factor in developing a plan. […]
Using Creativity and Brainstorming as a Strategy for Recovery Read More »
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, the role is not as cut and dry as other jobs they most likely have filled in the past. Small business owners can tangibly see what a sales manager,
Why Your Small Business Needs Some CFOing Read More »
My first contact with a potential client is usually a quick introduction call. On this call, I love to learn more about the owner and their business. I pepper them with questions to learn how I might be able to help them most. Small businesses are fascinating to me and I love hearing owner’s stories.
6 Signs You Need An Accountant Read More »
In my opinion, there may be no other area that small business owners are missing out then integrating their accounting and marketing. The wealth of information that accounting data can provide to small business marketing efforts can help save money and be more effective. I know there are a lot of jokes out there….mixing accounting
I talk with many business owners who tell me their goal is to increase their revenue by X% next year. “Great, how are you going to do that?” is usually my response. Many of these owners haven’t really thought through a solid plan to increase their revenue. The response is often a new marketing method
4 Ways to Drive Revenue Growth Read More »
I always dread admitting that I should have paid more attention in economics class in college. Of course, it didn’t help that it was a 7:30 AM class (on Friday’s no less). It is amazing how much in the world equates down to the simple concept of supply and demand. Business owners of all sorts
Accounting Insight and Business Transition Planning Read More »
Wouldn’t it be great if you could get a sheet of paper each week or month that tells you at a high level how the four most important aspects of your business were going? Most small businesses don’t have regular scorecard reporting they use to run their business. This is a shame because just a
Big Ideas for Small Business: 4 Examples of KPIs for Your Scorecards Read More »
