by Patty Lawrence | Employee Management, Entrepreneurship, Knowledge, Leadership, Uncategorized
Let me tell you a story. I started working with a client (we’ll call her June) who has a degreed accountant doing her bookkeeping and an outside tax person handling tax accounting. We started doing some cleanup work reconfiguring the balance sheet accounts and income...
by Patty Lawrence | Accounting Services, Business Management, Entrepreneurship, Knowledge, Uncategorized
A few years ago, I had a call with a prospect who didn’t know what the heck her controller did for eight hours a day. End-of-month reports were constantly late, special requests were never completed, and projects – well, forget even asking about those. She was totally...
by Patty Lawrence | Business Management, Entrepreneurship, Financial Analysis
I’m a hypocrite. There. I said it. I’m not proud of branding myself that way, but there’s good intent behind it in this case. You see, when I talk to overwhelmed entrepreneurs, I’m telling them – as are others – to outsource things...
by Patty Lawrence | Cash Flow, CFO Services, Entrepreneurship
Just because the world has slowed down significantly for businesses this year does not mean it has stopped entirely. In fact, lots of businesses that have been intentional about managing their resources during the pandemic are still growing! Recently, I was talking to...
by Patty Lawrence | Entrepreneurship, Growth, Leadership
As you grow your business, it’s important that you pay attention to who’s running the show. That doesn’t just apply to management – I’m talking about everyone you bring in to help your company thrive. That means vendors, employees, financial experts, and even coaches....
by Patty Lawrence | 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...
