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Top 12 Ways to Run Your Business Out of Cash
As a business owner, we know you want to keep your cash flow going. Avoid these 12 things so you don’t run out of cash.
As a business owner, we know you want to keep your cash flow going. Avoid these 12 things so you don’t run out of cash.
As a small business owner, what are some of the most important metrics to track? Here are 4 metrics that you should be focusing on for your small business.
Do you look at your business’s bank account at the end of the month and wonder where all your money went? Following this simple process to figure it out.
At AutoCFO, we love continuous accounting! Continuous accounting is simply a method of accounting where information is input into the financial system on a consistent, frequent basis.
Having financial goals for your cash is a game changer, it gives you the freedom to spend your money.
I love this question. My cofounder, Lindsey, likes to ask people, “Do you value your time?” For me the answer is a hard yes. I have charged by the hour for my consulting clients for years, I know how much my time is worth.
How Can You Tell a Business Is Successful?
They make money. Please, please ignore the Facebooks and Twitters of the world. There are venture capital unicorns… and there are the rest of us. 99.9% of businesses have to make money to stay in business.
Time to Tackle the To-Do List?
Avoiding your numbers is a dangerous game. That’s why it’s important your business knows, not avoids, your business numbers.
How much time does it take to answer a “simple” question like, “What was our revenue for X customer last month?” I once had a private equity investor grumble at me with a tone of complete and utter annoyance. He had asked one of our portfolio company’s controllers that question and received the response, “Can I get back to you on that tomorrow?”
Are you building a budget for your business? Make the process easier on yourself by asking these 6 questions.
Most business owners know they should build a budget, but don’t bother creating one. Why is that? Here are the 3 main reasons.