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When should a business owner hire a fractional CFO? This is an essential question for many small businesses grappling with financial management. A professional CFO brings advanced financial reporting and analysis skills, but hiring one as a full-time employee can be expensive. If you’re feeling overwhelmed by your company’s finances or contemplating expansion, this guide…

The Profit First method makes it simple to pay yourself as the business owner, pay down your debts, and grow profits as a company… which is what all entrepreneurs aspire to do!  This simple cash flow blueprint is famous for helping you increase profit and pay yourself first, but it also contains a smart way…

“It’s smarter to dig a well than make it rain.”   True, or false?  For most of us with businesses, we dream about one day having the ability to hire a magical salesperson – a rainmaker – to bring in sale after sale. It’s a top line approach to solving a cash flow crisis, but believe…

Part of what makes Profit First simple to understand and relatively easy to implement is how it nods to the envelope system of the past like many of our parents and grandparents used to manage their personal finances.  We’ve all had some experience with the envelope system, either personally using it or hearing about it…

It all started with a simple conversation. Well, let me backup and tell you more… It’s not just profit that requires baby steps. Just about everything in life and in business is a process that happens one day at a time. We don’t get there overnight! As I’ve come to understand and accept the phases…