Blog Archives

Rainy day fund, how much does my business need?

 

This is our fifth and final installment for the blog post covering the topic: Cash Flow.  Build a cushion of cash that will maintain you in emergencies.  Establish a rainy-day fund.  So, how much do you need in this kind of fund?  Good question.

Many experts say that you need to be able to cover six-months of operating expenses. …

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Posted in Business Best Practices, Cash, CFO Services

Why I Do What I Do?

We recently held our annual B2B CFO® partners’ meeting.  As always, it was very informative and beneficial.  The experiences and training cannot be found anywhere else.  The unity and passion for our clients is unequaled.

In that regard, we have a newly updated website and on the home page is the video “Does Our Why Benefit You?

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Posted in Cash, CFO Services

Where Does the Bottom Line Actually Start?

Starting Line On Grass Lawn

Have you ever wondered where the “bottom line” on profitability starts?  It actually doesn’t start at the bottom.  The “bottom line” starts up higher on the income statement with a healthy Gross Margin (GM) or Gross Profit Margin.  Simply stated, GM is total sales revenue minus the cost of goods (services) sold, divided by the total sales revenue (expressed as a percentage).…

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Posted in Business Best Practices, Cash, Exit Strategies

Building A Business You Can Sell: Part I

Author Mike Handelsman wrote an article for Inc. Magazine titled “Building a Small Business You Can Sell”. This is a critical topic for business owners and the writer makes a number of important observations.

In this next blog series, I will examine this topic and draw some remarks from his article.…

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Posted in Business Best Practices, Cash

Have a Safety Cushion of Cash. Build a Rainy-Day Fund.

This is our fifth and final installment for the blog post covering the topic: Cash Flow.  Build a cushion of cash that will maintain you in emergencies.  Establish a rainy-day fund.  So, how much do you need in this kind of fund?  Good question.

Many experts say that you need to be able to cover six-months of operating expenses. …

Read more >

Tagged with: , ,
Posted in Business Best Practices, Cash, CFO Services
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