Those of us who have spent our careers in the financial world have been working with a quandary for many years: It’s very important to invest in marketing, but only in the marketing that works. And, as most marketing experts will tell you, “You only really kn

This article is about risk management for a small-to-medium-sized business.

Most business owners think of Working Capital as the amount of cash they have in the bank. But CPAs. financial analysts, advisors, and bankers define it as the difference between current assets and current liabilities.

So if you’re shopping or considering going shopping, and the interest rates aren’t sufficiently off-putting, here are our thoughts on the things you will have to keep in mind and deal with, as you approach lenders – even your current bank.

One of the things that small businesses – and often mid-sized ones too – don’t do well is bookkeeping, the source of all their financial reports.

The literature typically calls them KPIs, or Key Performance Indicators. I used to call them Critical Performance Factors, or CPFs, before the idea became popular and in every consultant’s toolkit.

Many companies have come out of the pandemic/inflation/Fed counterattack in a great position with more cash on their balance sheets than they expected, or needed, to run their business effectively.

As we urge every CEO and business owner to do, we compare actual results with the projections the client made at the beginning of the year, whether it’s a formal budget with staff accountability or not, and we ensure a

A question was raised in a client review meeting recently that reminded me that some financial terms – these two in particular – are often not as clear to non-financial managers as they should be.

We have a client whose accounting activity functioned for years under the direction of non-accounting management, not uncommon among smaller privately owned companies whose limited resources often put accounting last on the shopping list.