Financial Strategy
Debt vs Equity Financing: What is the Difference?
Many business owners find it challenging to determine the “right” way to fund their company’s growth. Applying for a loan to pay for equipment sounds smart. But is taking on debt the best long-term strategy for funding a riskier plan, like an acquisition? How can you...
What Does a CFO Do?
Building a business isn’t easy. And while your finances may be simple at first, as your company evolves, you’re likely to find yourself in need of financial leadership. Does that mean you need a CFO? Perhaps. But what does a CFO do, exactly? Let’s take a look at the...
What is a KPI Dashboard and How Can You Build One?
To run a business effectively, you must rise above the day-to-day and take a big picture view. You need to know what’s going well, what needs your attention, and how to prioritize. But that’s not easy to do when there are too many demands on your time. So you need...
7 Sources of Capital and How to Evaluate Them
Raising capital and deciding what sources of capital to pursue is a challenge both large and small businesses share. In the early stages of a company, you lack credibility, which limits your options. Then, as your business matures, you have more choices, but there are...