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....
CARES Act – Two Great Programs for Business Owners
March 30, 2020 - Virtual CFO
I’m writing this post for business owners...
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...