Recession Tip: The Value of Speed and Clarity – And Knowing When to Sacrifice One for the Other
In all my years of working with small business owners (as well as owning and running one myself) I have learned a few things. One is the value of seeking clarity. Clarity can help in making good decisions. This starts with the reality that a business owner faces...
Get your PPP funding in 4 Steps
During the first round of PPP funding, CFO Network advised clients to move forward quickly in order to secure a place in line before the funding ran out. That window lasted about a week and a half with only about 5% of small businesses getting their applications...
’Roll Up Your Sleeves’ – A CFO’s Commentary on the Pandemic
We are in the storm and heroes are being made by the minute. They are the brave men and women who are taking care of the sick and keeping us safe. But there are also lesser known heroes at work. They are the small-business owners up at 2 a.m. trying to figure out...
Recession Readiness
As of this writing, most economists are indicating that a recession is coming, but no one knows how bad it may be and how long it may last. I once met the captain of one of the largest crude oil tanker ships in the world. He told me these ships are so massive that...
New Year, New You
The New Year is here and we’re hoping it’s a year of perfect clarity for business leaders and CFOs nationwide. I wanted to take a moment to offer a resolution to our readers: the new decade is the perfect reason to get your accounting cleaned up, lined out, and...
Business Accounting – A Tragedy
Business owners are a special group. There’s no shortage of problems for the CEO. One of the biggest and most tragic situations I have seen too many times to count over the last 20 years working with CEOs involves getting lured into a “software trap” where a company...