by Turboexecs | CFO Services, Financial Analysis, Profitability
Does the sound of the word “debt” give you a nervous knot in your stomach? You’re not alone—the idea of going into debt is a scary prospect for most of us. In fact, many small business owners need to take on some debt to grow their businesses. Too much debt is never...
by Turboexecs | Cash Flow, Entrepreneurship, Profitability
If you’re a business owner, the latest stats from the Bureau of Labor Statistics aren’t good news. According to the BLS, 20 percent of businesses fail within the first year, no matter the economic conditions. But that’s not the worst of it. Fifty percent fail within...
by Turboexecs | Cash Flow, Profitability, Strategy
During an interview on NPR, a guest talked about a concept that has always stuck with him, “why wait?” or “do it now,” – “DIN” – which fits really well with what we’re talking about today. He benefited significantly from the “don’t wait around for...
by Turboexecs | Cash Flow, CFO Services, Profitability
In my last 2 blogs, I talked about “Why do business owners call us?” It differs a bit from the question “what do you do?” and it requires more than a one-word response. We are frequently called in to assist businesses facing out of control growth, chaos with their...
by Turboexecs | Exit Planning, Profitability, Strategy
Make sure your business has this in place before disaster strikes Do you remember our client, Julie? She’s a smart business owner that came to me for help creating her succession plan so that she could exit her business within the next 3-5 years. Smart because she...
by Turboexecs | Exit Planning, Profitability, Strategy
Make sure your business has this in place before you retire. One of our clients, Julie, is a business owner that wants to retire and exit her business within the next 3-5 years.Julie was smart because she came to me a few years before she wanted to retire. I get...
