Great strategic planning is behind every great business. Jeff Bezos could already see what Amazon would become before he had even sold his first book and had quit his trading job. Likewise my strategic plan has helped me to refocus my business when I found that customers really responded to the analysis & guidance part …
We are living in a golden age of outsourced digital services. Top talent from around the world are providing their expertise to companies just when they need it. From presentations to podcasts and marketing to make-overs, the possibilities are endless. But online agencies need help too! While you may be an expert in creating slick …
9 Key Metrics Every Digital Service Agency Needs to Know Read More »
Financial Statements are like visiting the test results from the doctor. It gives you a snapshot of your company’s health but doesn’t tell you how to lose that extra weight or help you deal with that chronic back problem. And for some, even the results of that basic checkup can be a mystery. While some …
Financial Statements 101 for Online Agencies and Consulting Companies Read More »
Case Study: Website Agency Many business owners are great at starting and growing their eCommerce, agency or online consulting businesses. But once the business reaches a certain size, the numbers get away from them. A dashboard can give you back control. It provides the right insights to empower decision-making. “ We were running well, the …
Angela felt stuck. Her goal was to sell her consulting company in three years for $5m, but profits were too low and she did not know how to move forward. Are you in a similar position? Do you have a goal and a plan but lack the concrete steps and financial insights to keep your …
Put a Ladder to Your Goal: How to Use Financial Goals to Get in Control of Your Business Read More »
Regardless of whether you run a consulting firm, a trading firm, or an SaaS business, you’ll likely face the similar challenges as you scale up: As your firm grows, and you start to take on more clients and recruit more employees, this makes your business more complex. Here, you might find that it’s increasingly difficult …
CFO vs Controller vs Accountant: Moving Up The Hierarchy Of Financial Needs Read More »
For most entrepreneurs, budgeting is not top of mind. It’s either a chore or an afterthought. Chances are, you didn’t go to business school, where they learn how to construct fancy pivot tables and work out budgets and financial projections. Bearing this in mind, it’s natural to feel out of your depth when it comes …
If you are a 7-figure business owner, and you think you’re too small for a CFO – think again. Large corporations have a highly paid CFO for a reason. Generally speaking, small companies who lack the knowledge and expertise of a CFO are vulnerable to financial problems; they also face problems with stagnancy. Some entrepreneurs …