Business Trends 2021: Financial Planning in an Uncertain World
The end of an unbelievably tumultuous year is almost upon us. So, in preparation for what promises to be yet another eventful 12 months, I met with our team of CFOs for a lively Zoom meeting dubbed “Business Trends 2021.” Although we can’t predict the future, we can...
What Is a Capital Raising Strategy and Why Do You Need One?
Few businesses launch with all the money they need to become sustainable and to grow. Unless you’ve received a massive inheritance or have a million-dollar credit card limit, at some point you will have to raise money. But if you dive straight in without preparing,...
The Financial Compass That CEO’s Need to Have
While chief executive officers aren’t specifically charged with managing the company’s accounting and budget, they can benefit from strong financial acumen. Having command over financial concepts can be a powerful way for CEOs and other non-financial executives to...
Closing the Small Business Financing Gap: Invoice Factoring Basics
The following article was written by Geri Stengel, founder of Ventureneer.com, and Contributing Author Rachel Hersch, Prestige Capital -- Even profitable businesses can have cash-flow issues. This is especially true in industries with long payment cycles, such as...
Six Simple Steps to Supercharge Your Analytics
What is your favorite analytical tool? Report templates, graphs, bar charts, weekly reports? These and other “analytical information” are nice to have but, quite frankly, are just buzz words. What is most important in analytics? The actual analysis – or interpretation...
How to Encourage Your Team to Take Responsibility
It can be difficult to get employees to admit when they’ve done something wrong. However, the ability to accept personal responsibility is one of the most important skills your team can have. Through shared experiences, open communication, and leading by example, you...