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...
by Patty Lawrence | CFO Services, Risk Mitigation, Strategy
How many disasters have we had recently?A bunch of hurricanes last year and wildfires in the West, not to mention government shutdowns. If you encounter setbacks like these, you may have to deal with issues like lost revenue, extra expenses, reduced profit, and...
by Patty Lawrence | 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 Patty Lawrence | Financial Analysis, Leadership, Strategy
What do tennis and business ownership have in common? Well, more than you would think. In my early days, just a few years ago (NOT), I played four different team sports (I loved volleyball especially) and they kept me busy year-round. But as I got older, my knees told...
by Patty Lawrence | Exit Planning, Leadership, Strategy
Julie was hiring for a key position in her company, one that would allow her to pull back from the day to day operations so that she could focus on the strategy, and ultimately exit the company. With that piece of the succession plan in place, the next step is pretty...
by Patty Lawrence | 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...