We believe entrepreneurial companies are the lifeblood of capitalism.
We feel that more growing companies would succeed if only they had access to solid financial operations. Our mission is to provide to emerging companies the same kind of effective financial organizations found at large, world-class organizations. We know that as emerging companies succeed, they add new jobs, new products and new opportunities that benefit all of us.
The resources found in this blog are written with the intention to support emerging companies like yours.
The cost to acquire a customer is a popular metric used by companies to determine the economic value of a customer. The logic is simple: the lifetime value of a customer (LTV) should exceed the cost to acquire that customer. You need both formulas to understand the results. This post will show you two simple formulas you can use now to determine CAC and LTV.read more
Bad board members end companies when they ask it to do something it cannot do. See what types of board members serve and what you can do to better manage your board.read more
I arrived Lou Malnati’s in Chicago expecting great pizza and got schooled in an excellent business model. In all my dining experiences they did one thing I’ve never seen before… something I calculate may have added an extra $1 million in revenue per store.read more
Great accounting systems build great companies. How do they do it? Reporting. Reporting enables crisper decision making and improves accountability. Decisions and accountability impact the only metric that matters to every emerging enterprise: its ability to generate ever-larger amounts of cash.read more
Tariffs of 25 percent on approximately $34 billion of Chinese products will soon go into effect. While this is a fraction of the total amount of trade between the two countries, its impact could be measurable to many US-based emerging companies, even if the tariff does not apply to the products they sell. Here's how it could impact your business.read more
Every purchase decision ultimately comes down to price. Optimizing your price point will profoundly impact your ability to generate cash. Are you 100% certain your company is charging the right price for its products or services?read more
A financial dashboard is an excellent management tool to help executives make better decisions. It provides a quick understanding of key financial performance indicators that drive your company's growth. If you are not getting the financial information you need, or that info is too difficult to understand, try using dashboards insteadread more
What is somebody looking for when they ask you to send them your company's financials? The presentation of the financials is as important as what they contain. This article explains what you should provide as well as what an investor and lender is looking for. I'll also explain what EBITDA is and why everybody wants to know it.read more
Nothing irks a business owner more than the last minute "cash dump" into his or her company. Avoid the last-minute cash drain by doing what CFOs do to know when a company will run out of cash.read more
Data is the difference between being lucky and being smart. Many fast-growing companies seek to be a data-driven enterprise. The problem for emerging companies is getting the right data at the right time to make informed decisions. Read this if you feel your business data is not telling you what's really happening.read more