Articles
small business
Struggling with Cash Flow? Here’s What You Need to Know
Cash flow is the single most important financial factor in determining whether a business thrives or struggles. Yet, many business owners focus only on revenue and profit, overlooking the critical role cash flow plays in daily operations. A company can be profitable on paper but still face financial distress if it lacks the cash needed to cover expenses when they arise.
Understanding cash flow—and how to manage it effectively—allows businesses to stay ahead of challenges, seize opportunit…
Why Every Business Needs a 13-Week Cash Flow Forecast
Cash flow is the foundation of any business’s financial health. It determines whether a company can pay its bills, invest in growth, and navigate unexpected challenges. Many businesses struggle not because they lack revenue, but because they don’t have enough cash on hand at the right time. Without a clear picture of where money is coming from and where it’s going, business owners risk making decisions that could put their company in financial jeopardy.
A 13-week cash flow forecast provid…
Smart Debt Strategies Every Business Owner Should Know
Debt can be a powerful tool for growth—when managed correctly. For small and family-owned businesses, optimizing debt management is essential to maintaining stability, supporting expansion, and ensuring long-term success. But without a solid strategy, debt can quickly become overwhelming and hinder progress.
In this newsletter, I want to share actionable tips on how to optimize debt management to empower businesses to thrive without unnecessary financial stress.
Key Strategies to Manage …
Is a Fractional CFO the Solution Your Business Needs?
In today’s dynamic business environment, financial expertise is not just a luxury—it’s a necessity. Many small to mid-sized businesses find themselves at a crossroads: they need high-level financial guidance but don’t yet have the scale to justify a full-time CFO. Enter the fractional CFO, a flexible solution offering executive-level financial support without the cost of a full-time hire.
I recently had the privilege of discussing this topic on the demystifying FRANCHISE OWNERSHIP with Kr…
From Numbers to Strategy: How Finance Shapes Business Success
As the President of Impact CFO and a fractional CFO for family-owned businesses, I had the privilege of joining Brandon Bartneck on the Building Better podcast. During our discussion, we explored the evolving role of finance as a strategic driver, particularly for family-owned businesses. This conversation highlighted actionable steps businesses can take to ensure long-term sustainability and growth.
I wanted to share key takeaways and insights from that conversation, but I encourage you …
Podcast Interview: "My Future Business Show" Empower Your Financial Future with Expert Fractional CFO Solutions
What Fractional CFOs Can Do for Your Business
During my recent interview on the "My Future Business Show," I delved into the value a fractional CFO can bring to small and medium-sized businesses. Unlike full-time CFOs, fractional CFOs offer flexible, senior-level financial expertise tailored to your business’s unique needs.
Having spent 35 years as a CFO in family-owned and private businesses, I’ve seen firsthand the challenges CEOs face, especially in family-owned businesses where roles a…
Valuing Family-Owned Businesses: The Adjusted EBITDA Method
Understanding the true value of your family-owned business is crucial for various reasons—whether you're planning for succession, looking to attract investors, or preparing for a sale. A proper valuation not only gives you a clear picture of your business's worth but also helps in strategic planning and decision-making.
Valuing a family-owned business can feel like solving a complex puzzle, but the Adjusted EBITDA method simplifies the process. This approach calculates the company’s Adjuste…
Why a 13-Week Cash Flow Forecast is Essential for Your Business
If you're a small business owner, understanding your cash flow can feel overwhelming, but it doesn't have to be. Imagine having a clear, detailed snapshot of your company's cash position for the next three months. That's what a 13-week cash flow forecast offers.
This tool helps you see where your money is coming from and where it's going. By outlining expected cash inflows and outflows, it helps you prepare for potential cash shortfalls, preventing financial crises before they happen. With …