Category: Money

Financial Planning

Am I Going to Run Out of Money?

As someone who is deeply passionate about helping business owners understand how to make their money work for them, I have learned the incredible value of open, honest dialogue. We need to have the often difficult, sometimes embarrassing, and hopefully always empowering conversations about money to truly get to the heart of the matter. But this can be challenging for several reasons. The first obstacle is that the more difficult the situation, the more unlikely you are to have these conversations. And unfortunately…

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CFO Services

Deciphering Money Scripts

We all tend to feel certain ways about money. Some worry about it, some worship it, others have a great respect for it, and still others fear it. But what most don’t understand is that these perceptions, regardless of where they fall on this scale, are not random. Rather, they are our money scripts—core beliefs about money that were developed in our childhood and influence financial behaviors throughout our lives. These beliefs are typically unconscious, yet they have the ability to profoundly shape our financial decisions and attitudes. For CFOs, understanding…

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CFO Services

Where Did the Money Go?

While understanding revenue, expenses, and profit is crucial for any business owner, cash flow is an equally important metric in truly understanding a business’s financial health. Cash flow, representing the movement of money both in to and out of a business bank account, can be positive or negative, and will fluctuate as the business shifts and expands. A positive cash flow is just as it sounds—more money is coming into the account than leaving it. A negative cash flow, in contrast, means the exact opposite—more money is leaving the account than coming in.

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Accounting

How To Close The Month In Accounting

As a business owner, sometimes it can be difficult to keep up with bookkeeping and accounting tasks on your own. However, it is very important for the health of your business to have standard procedures in place to close the

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Accounting

Personal vs. Business Budgeting

As an entrepreneur, it is essential to know how to properly manage both your personal finances and your business finances. At its simplest form, budgeting is the creation of a spending plan to determine in advance your income and outgoing

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Grow Your Business

Let’s talk about… Money!

Let’s talk about… Money Money – it’s always on everyone’s mind, yet we never want to talk about it. Some of us would rather talk about anything else, but money. I personally love money. Not from a place of greed,

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