by Patty Lawrence | Budget & Forecasting, Business Management, Cash Flow, Uncategorized
My team was brought in to help a fast-growth company in the construction industry that was getting ready to crash and burn. They knew they had a major issue when they were getting ready to process payroll every other week and kept realizing they didn’t have sufficient...
by Patty Lawrence | Budget & Forecasting, Business Management, Cash Flow, Knowledge, Uncategorized
Each year when we do spring cleaning, we find cobwebs way up high or way back in the corner that need an extra-long-handled broom or dust mop to bring them down. Similarly, we need to knock down the cobwebs in your business each year that prevent us from seeing the...
by Patty Lawrence | Budget & Forecasting, Business Management, Knowledge, Uncategorized
Do you clean out your closets as part of your spring cleaning each year? That’s a pretty good ritual that most folks tend to follow because that’s where all the clutter tends to accumulate over the course of the year. So, as we look at doing spring...
by Patty Lawrence | Budget & Forecasting, Business Management, Knowledge, Uncategorized
I think most of us can agree that the last year has been messy, in more ways than one – which is why I want to talk a little bit about financial spring cleaning. COVID has exposed so many of the material weaknesses in our businesses, mainly located in our...
by Patty Lawrence | Budget & Forecasting, Business Management, Cash Flow, Financial Analysis, Financial Processes, Knowledge, Uncategorized
Not every business starts out with a pristine financial management department. Likewise, most mid-size businesses can’t afford to hire one person for every tiny task related to finance. But you still need the kind of financial help a seasoned pro brings with them. Too...
by Patty Lawrence | Budget & Forecasting, Cash Flow, Financial Analysis, Financial Processes, Knowledge, Uncategorized
First of all, this is in response to questions I frequently receive from people – and especially business owners: “Hey, Patty, how do I know which financial professional I need? Do I hire a bookkeeper versus an accountant versus a controller versus a CFO? And do...
