In the COVID-19 world, companies need someone in the role of Chief Financial Officer who brings more than a knack for financial analysis to the table. This situation calls for a CFO who can offer guidance, insights and problem-solving skills. It requires a...
"When you can’t go back, you have to worry only about the best way of moving forward."— The Alchemist, Paul Coelho
It’s the start of the second half of 2020, pandemic-induced shutdowns are lasting longer than most businesses initially thought they would,...
Good fortune is what happens when opportunity meets with planning. ― Thomas Edison
Running a business always involves uncertainty but the COVID-19 pandemic has raised uncertainty to a completely new level. At the core, a profitable business comes down to...
Forgiveness says you are given another chance to make a new beginning.― Desmond Tutu
By now, just about every small and mid-sized business owner knows about the Paycheck Protection Plan (PPP) that Congress created in late March as part of the CARES Act, to...
Business, after all, is nothing more than a bunch of human relationships.– Lee Iacocca
All business owners – at least those with a chance at long-term success – know that relationships are critically important across many areas of business. A company’s...
Don’t depend on the enemy not coming; depend rather on being ready for him. – Sun-Tzu, The Art of War
The coronavirus pandemic is requiring us to change what we do in our everyday lives. As the CEO or owner of a small- to mid-sized business, to help...
“In preparing for battle I have always found that plans are useless, but planning is indispensable.” ― Dwight D. Eisenhower
Updated May 11, 2020
Business owners everywhere are now engaging in a battle. While the enemy – the Covid-19 virus– is different...
We all know that recurring revenue is the ideal revenue model for most companies. However, it’s often easier to sell incremental services to a client, as opposed to convincing them to make a long-term commitment.
Re-focusing your strategy on building a...
Decisions about when and how much to invest in new equipment, property, or software systems, also known as capital expenditures or ‘CapEx,’ are a critical aspect of running a business. CapEx often determines whether production schedules are met, or workers...
Do the numbers behind your business have your head spinning? When you’re a business owner, you don’t always have the background to keep complex numbers and accounting systems straight. You went into business to work out your ideas, not necessarily your...
