Out with the Old: Annual Performance Reviews

Out with the Old One of the benefits of working directly with small to medium-sized businesses as part-time CFO’s is that we get to experience the culture of many clients. Some cultures foster results and innovation, encouraging and motivating employees to do and be...

The Secret to Profits: Financial Metrics

I want to continue with the one of my most popular series on secrets to profitability. One of the secrets I’ve seen successful companies use to harness more profits is the sue of specific financial metrics. Your business may be great at producing a product, great at...

The Secret to Profits: Financial Control

Purpose of Business There are arguably many reasons why entrepreneurs start companies—provide jobs for others, accomplish a social good, leave their mark on the world—to name a few. No matter the altruistic or wealth-creating motive, all businesses should have as the...

The Secret to Profits: Distinction

In a previous post we discussed how a culture of performance positions your company for better profits. We feel that an inward focus is the first and best place to start so that any externally facing improvements don’t set your customers up for disappointment....

The Secret to Profits: Performance

Selling your product in Wal-Mart or on overstock.com may be the right strategy for you—if your product is cheap and made in China. There are similar ways to sell out when you provide services as well, but chances are, the vision that you aspire to is one of...