There Will Be Enough Paycheck Protection Program Funding For All of Us
April 6, 2020 - Financial Reporting
Last Friday I frantically prepared documentation for as many clients as possible to apply for the new Paycheck Protection Program(PPP)loans that just started accepting applications. I also created an application for my own firm. I felt my anxiety levels rise as the government tweeted how many loans were made while my bank still didn’t have an application up. Could I really miss out?...
Key CARES Act Loan Program Started Accepting Applications Today
April 3, 2020 - Virtual CFO
Information in this post is written for business owners of companies up to $20M annual revenue and up to 100 employees....
Can I Put Personal Expenses in My Business?
November 8, 2019 - Financial Reporting
You can, but it will cost you. One of the...
How Startups Finance Themselves
October 9, 2019 - Resource Type
Ask a successful entrepreneur what their most daunting task was when they started a business and they will likely say “having enough cash.” There are many sources of capital to launch and sustain a business. What is available to you depends on your stage of growth, track record and growth prospects. Each stage requires a different approach to raising investor capital. These stages...
Don’t Let Your Business Finances Embarrass You
May 22, 2019 - Virtual CFO
Think your fast-growing...
Should You Sign Personal Guarantees on Business Loans?
May 13, 2019 - Virtual CFO
The notion of pledging personal assets to back a company loan is frightening to many small business owners. Understanding what a personal guarantee is and the true risks involved may make it a little less scary. Is Business Debt an Option for You? If you are a business owner and use a credit card for your company, you are already using debt. Chances are you personally guaranteed the...
Bad Board Members End Companies
November 27, 2018 - Virtual CFO
One of my first CFO jobs was a really tough gig. It was an early-stage company that had...
What a Pizza Parlor Can Teach Us About Business Models
November 6, 2018 - Virtual CFO
I was in Chicago last weekend in search of the best...
Great Accounting Systems Build Great Companies
October 23, 2018 - Financial Reporting
Great accounting systems build great...
Product Pricing Tips For Early Stage Companies
October 9, 2018 - Resource Type
Are you 100% certain your company is charging the right price for its products or services? Every purchase decision ultimately comes down to price. Optimizing your price point will profoundly impact your ability to generate cash....