by Patty Lawrence | Budget & Forecasting, Cash Flow, Profitability
Do you ever feel like you’re so busy in your business, but after everything is said and done, there’s no money left to pay yourself? That’s exactly how Renaldo felt. As the owner of a small service business, he was known by everyone around him as a success. He was...
by Patty Lawrence | Budget & Forecasting, Business Management, Financial Analysis, Financial Processes, Profitability, Uncategorized
Your banker is your friend. But a lot of entrepreneurs don’t think that. They think the bank is their enemy, and they need to bribe their enemy or do something to gain their favor so they’ll work for them. Recently, I was teaching an audience of small and mid-sized...
by Patty Lawrence | Budget & Forecasting, CFO Services, Profitability
It’s the all-important question for every business owner: will I make a profit this month? A few years ago, I was talking with a prospective client who was describing the difficulties she was having with her control. She was frustrated over the usual stuff: untimely...
by Patty Lawrence | Cash Flow, Profitability, Strategy
Are you working 15-hour days and still not making money? It’s a common scene for founders and entrepreneurs: long days at the office and another month with a negative bottom line. This really wasn’t what you had in mind when you started out on this journey. So,...
by Patty Lawrence | Cash Flow, CFO Services, Profitability
Have you seen the commercial with the two guys in the gym doing bicep curls and one bro bulks up with every rep? How about the cowboy with the ever-increasing belt buckle? The message is, “Switch to our service and you’ll get more.” How about getting more for...
by Patty Lawrence | CFO Services, Profitability, Strategy
Who is driving the profitability at your firm? That’s a great question because I’ll bet a lot of owners have no idea. Not who’s driving sales, not who’s driving your technology or your ideas or your services. Who’s driving the...
