Best Business Practices
Be a VISIONARY in a Season of Uncertainty
There’s no playbook for solving today’s crisis. However, there is a game plan for how business owners can adjust their business strategy quickly. Organizations who take strategic action and are dynamic in how they mitigate threats and seize opportunities will be the difference between surviving or thriving. This is a defining moment for business owners.…
Read MoreCoronavirus Impacts: 5 Steps To Protect Your Business & Employees
As many have feared, the coronavirus (COVID-19) has now arrived in the United States with a vengeance. As business owners, we are stronger than this virus, but all these circumstances and yet the unforeseen future consequences beg the question: is the company that you run or own prepared for a sudden catastrophe? As a B2B…
Read MoreKeep Your Revenue Flowing Smoothly
Challenges & Solutions for Recurring Revenue Business Models It’s the start of the new year—a time for implementing the strategies and action plans that will make 2020 your best year. But unfortunately, many business owners get into the illusion that more sales means more cash, or cash might be flowing, but not in the right direction.…
Read More5 Financial Models Every Business Owner Should Use
Successful business owners know the value of using financial modeling to guide sound decision-making and forecast future outcomes. Financial models are used to project the performance of a company, evaluate business and financial investments, and help uncover and avoid potential risks. Below is a list of some key financial models that can bring powerful insights,…
Read More8 Strategies to Propel Your Business Growth Plans
Several recent surveys show that business owners expect the revenue of their business to improve over the next year. And another 60% also believe the current economic climate is having a positive impact on their business. This is all good news—especially for the business owner who is always thinking about how to increase their earnings…
Read MoreAre You Plotting the Right Course for Change & Improvement?
As many organizations begin to start their strategic planning for the coming year, this is a great time to step back and answer three key questions: “Where are we now?”, “Where are we going?” “and “How do we get there?” Business leaders with a strong sense of planning and goal-setting know the benefits of plotting…
Read MoreThe #1 Rule in Business…
Know Your Numbers! Having a financially fit company involves checking in on some of your most important financial stats. After all, how can you know where you’re going if you don’t know where you are? B2B CFO® is here to help you. Most business owners admit they are busy putting out fires and working with customers, rather…
Read MoreQuick Acquisition Guide: Nine Pitfalls that Can Derail a Business Sale
Imagine your startup company or 30-year-old family business getting acquired. It sounds like it would be a dream. But in many cases, the transaction can lead to the end of everything business owners work so hard for. Buying an existing business along with selling businesses (mergers & acquisitions), is a great way to buy into…
Read MoreCertified Business Transition Expert™
What is a Certified Business Transition Expert™? I am excited to share that I have recently earned the Certified Business Transition Expert™ designation. This certification allows me to guide business owners through the sale/transition process. Business transitions range from a sale to a third party, an Employee Stock Ownership Plan (ESOP), or to a family member…
Read MorePeople Before Profit
In these very tenuous and difficult economic times, the importance of profitability becomes tantamount. Without profit, positive cash flow, which is the lifeblood of business, can quickly dry up and cause significant difficulty even in basic operations. This is especially true when the availability of credit seems to be evaporating before our eyes. Profitability is…
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