Financial terminology can get confusing fast but understanding the basics is key to making solid business decisions.  QuickBooks put together a clear, straightforward guide that’s worth a read: Glossary of the most important financial terms to know. Whether you’re just getting started or brushing up on the basics, this guide is worth bookmarking. From cash flow... Read More

How you structure your business matters. Yet most businesses rarely receive solid advice on how to structure their assets properly. As a result, they unintentionally put themselves at risk by making common mistakes—like placing all assets under one entity, authorizing a spouse as an officer or bank signer, or neglecting private estate planning. Read on... Read More

We hear this all the time: “I’ve got an accountant — I’m covered.”  Most business owners assume their accountant has them covered, and they do… for taxes. But they report what already happened. Our Monthly Analytics Program shows you what to do next.  MAP (Monthly Analytics Program) turns your business numbers into real, usable strategy with... Read More

Last week, we told you how to make your business profitable with what’s called a “Zero Base Budget”. This week we’ll show you exactly how to implement it. The first step is to figure out how much money you have to work with. The number one stipulation is going to be that the business can... Read More

You know you should be making more profit than you are making with the sales you have. You just aren’t sure why your business is not making the kind of money it should be. Wouldn’t it be great if someone or something could point out where you are going off track? There is a way... Read More

There are a few easy first steps that need to be taken.  I have told people the following procedure for years and regularly have them come back to me and say it doesn’t work.  I have repeatedly told them that I am certain it does work and I do it all the time.  They then... Read More

We’ve spent the last few weeks walking through what it really takes to make any business financeable, from cash flow and profitability to debt and leverage. Each one plays a critical role in how lenders evaluate your business. Now, in this final part of the series, we’re wrapping it all up with the last piece... Read More

By now, you understand that cash flow is king and profitability is non-negotiable, but even with those fundamentals in place, many business owners still struggle to secure funding. So what’s missing? In this part, we’ll dive into how to package your business in a way that makes lenders, investors, or buyers want to give you... Read More

In our last blog post, we talked about the most important factor in a lenders decision to lend money: cash flow. The company must demonstrate that it can service the new debt and still pay existing expenses.   In this post, we’ll explain the second most important factor – Profitability.   In assessing the risk of repayment,... Read More

It doesn’t matter why you need the money, you just know that if you had a little cash your problems would go away and you could grow your business.  Whether a small loan to move you along or a large project that needs capital to service, here are some tips to help your company attract... Read More