Blog Archives

Do You Think You Need A CFO?

CFO Services

So many business owners wear ‘all the hats.’  While it may make sense because you know everything about your business, have you noticed that you are working in your business, instead of working on your business?  A CFO  plays a critical role as an advisor to a business owner to ensure that the business owner achieves his or her goals. …

Read more >

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

New Accounting Standards for Leases issued this past Thursday

On Thursday (February 25, 2016), the FASB issued the long-awaited new standards for leases.  According to a Journal of Accountancy article published yesterday:

“FASB’s Accounting Standards Update No. 2016-02 will require lessees to report obligations for operating leases on the balance sheet for the first time.”

If you are a business owner today, in most cases you have dealt with two general types of leases in the past:  Operating Leases and Capital Leases.…

Read more >

Posted in Business Best Practices, CFO Services, Chief Financial Officer, Other

Debt, Credit, and the 7th Law of Wealth and Abundance

This may be the most important and relevant law to today’s businesses from Ron Willingham’s book, “The Ten Laws of Wealth and Abundance”.  These last few years have been extremely challenging for business owners that had needs for cash from loans or investors.  I think this 7th law reminds us of some fundamental truths about borrowing, as only Benjamin Franklin could articulate in his direct and helpful way in the book.…

Read more >

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

Productivity, Profitability and the 5th Law of Wealth and Abundance

One of the ways B2B CFO® partners help business owners is by taking tasks off the business owner’s to-do list.  This helps them be more productive in the quest for new products, new customers, new ideas and giving them more time to focus on the business and longer range planning.  Too often business owners get stuck doing what we call “Minding” activities instead of “Finding” activities. …

Read more >

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

Expense Control, Budgeting, and the 3rd Law of Wealth and Abundance

Over my career in financial management, expense control has been a continual focus in order to maintain and grow a business. The Third Law of Wealth and Abundance from Ron Willingham’s book “The Ten Laws of Wealth and Abundance” is a direct and no-nonsense approach and insight into personal and business budgeting and planning.…

Read more >

Tagged with: , ,
Posted in Business Best Practices, CFO Services
Categories
Recent Posts
Tags
Archives