8 Steps for Small Business SWOT Analysis – It’s Not Just for the B-School Classroom!

Do you know what SWOT stands for? Of course, it means Strengths-Weaknesses-Opportunities-Threats When was the last time you did a SWOT analysis for your business? Uhm, I’m not really sure. So how did you learn what SWOT analysis is about? Oh that’s easy, we covered it when I was getting my MBA. I have conducted […]

Read full story Comments Off on 8 Steps for Small Business SWOT Analysis – It’s Not Just for the B-School Classroom!

Understanding Small Business Cash-Flow

We’ve all heard that expression, “Cash is King!” And if you own your own business you know that is never more true than when cash is tight!  Not knowing whether you can pay your bills or make payroll makes for sleepless nights and anxious days.  Unfortunately, when you desperately need cash is when the bank […]

Read full story Comments Off on Understanding Small Business Cash-Flow

10 Reasons You Need a CFO

1.  You want to increase your profits Sometimes a business will plateau at a certain level of sales or profitability.  An outside pair of eyes can often see new opportunities for growth. 2.  You haven’t prepared an annual budget A budget should be your yardstick for measuring your performance.  A budget provides comparative data to […]

Read full story Comments Off on 10 Reasons You Need a CFO