A Culinary Journey Begins Entering culinary school, I was filled with excitement. The love of the food. Of carefully preparing it. And of bringing people joy. It was so simple. So straightforward. And so pure. Climbing the Culinary Ladder After graduation, I entered the real world and began climbing the ladder. Ten years of grinding—prepping, […]
Even as an effective business leader, it can be frustrating to translate your company's financial performance into a future vision. The best business owners use historical and real-time financial data to show consumers and stakeholders exactly where their company is heading. Without this financial data, planning for the future can be quite difficult! So don’t […]
Proper cash management is critical for the overall financial health and sustainability of a business. Having proper liquidity and appropriately managing working capital facilitates business continuity and creditworthiness, bolstering investor confidence while allowing you to seize opportunities for expansion and diversification as they arise. Without appropriate liquidity, you run the risk of falling into a […]
We get it. Revenue and innovative product development are "sexy"—alluring and glamorous. But a well-thought-out cost structure? Not as much. While cost structure management may not be perceived as glamorous, it plays a crucial role in the financial health and sustainability of a business. Here's why it's essential: Financial Stability A well-managed cost structure contributes […]
Strategic Support for Small to Mid-Sized Businesses As small to mid-sized businesses grow, their financial needs become more complex, requiring expertise that goes beyond basic bookkeeping and accounting. Yet, many of these businesses are not ready to commit to a full-time Chief Financial Officer (CFO) due to cost constraints or the specific needs of their […]
Already have a permanent, full-time CFO, but need some additional assistance? Believe it or not, that's not entirely uncommon. Consider these key points to better determine if a Fractional CFO makes sense for your organization: Specialized Expertise Is your business facing a specific challenge or a project that requires specialized expertise (e.g., fundraising, mergers and […]
Unlocking Business Growth with FP&A If you run a startup or small to mid-sized business, you already have a significant amount of knowledge regarding business finances. Under your leadership, your business has likely reached extraordinary benchmarks. But you may be wondering—could your business go even further? The answer is YES! Even already successful organizations can […]
Whether you're the sole employee of your small business or you run a Fortune 500 company, financial reporting is an essential practice your business needs to carry out to achieve its financial vision. As an entrepreneur, you already have a variety of tools under your belt, and financial reporting is one of the most important. […]
As a business owner, you’re likely familiar with the phrase “cash is king.” But what you might not know is that your conversion cycle plays a pivotal role in determining how much cash you have on hand at any given time. Understanding and optimizing your conversion cycle can lead to better cash flow, more efficient operations, […]
Determining the right strategy for growth is critical for every business leader. You have countless options at your disposal. So, where should you put your time? Some of that decision will come down to organic vs. inorganic growth. Organic growth is growth found in a company’s core operation. It’s a slower method of growing—but it’s […]
