Top 3 Metrics to Track Profitability

With the 4th quarter around the corner, now is a critical time to assess and project profitability metrics for 2015. There is still time to make changes to impact your bottom line for 2015 that will carry into next year. Entrepreneurs gravitate to measuring growth, increasing revenues, or focusing on daily operations when assessing current […]

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Are Non-Tech CEO’s Blind?

It has been said that Non-Tech CEO’s are blind in today’s business landscape. CEOs who work to stay in front of new technological advances, on the other hand, have an edge in guiding their companies to success in a digital world. Not only to enhance efficiencies and productivity but to stay vigilant in protecting the […]

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Mid-Year Evaluation: 4 Things CEO’s Should Do Now to Ensure 2015 Success

This time of year, many people are thinking of summer vacation plans; however, most CEO’s I know are thinking about their business. Specifically, they are thinking about the fact that this year is almost half way GONE! That said, CEO’s are an optimist bunch and quickly realize there is still half of the year LEFT […]

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Every CEO Should be Tracking these 5 Financial Metrics

Most CEOs believe they know their numbers. However, describing their revenues, employee headcount, and how much cash is in the bank is not much different from an individual sharing their income, how many children they have, or the available balance on their ATM receipt. CEOs of growing organizations need a more sophisticated picture of their […]

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5 Pillars of Financial Dominance for CEO’s

CEO’s hide a dirty little secret; many of us simply are not as good “with the numbers” as we’d like to be. And we make things worse by avoiding the issue. We’re quite open with our shortcomings in marketing, sales, human relations and operations, but we tend to change the subject anytime the discussion threatens […]

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5 Signs You Need a Part-Time CFO

Most growing companies hit a point where they need a part-time CFO. Here are a few signs that this time has come: 1. Your financial reports do not inspire confidence: Your financial reports should provide timely and accurate visibility into your organization. They should be tailored to your company and industry, and include ratio analysis […]

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Financial Projections: Is a Surprise Around the Corner?

We have all done it. Reveling in that nice feeling of accomplishment after creating a great budget from a detailed analysis… only to have it blown within the first month of the new year. Can we avoid these unexpected curve balls? It is not likely that we can avoid them all together, but there are […]

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Top 5 for Every CEO to Prevent Fraud Now

 5 Things Every CEO Should Do Immediately, to Help Prevent Fraud Most CEO’s that have never fell victim to fraud in their organizations tend to believe it “just can’t happen to me”. We tend to be trusting of   employees that handle our finances because 1) we need things off our plate and this is […]

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Top 5 Tax Strategies for Year End

Top 5 Tax Strategies for Year End  Consider Deferring Income Depending on this year’s margins and profits, some Owners opt to defer income to the following year. Situational circumstances dictate when this strategy should be implemented. Tax brackets, for example, could impact this decision.   2017 Budgets and Forecasts This is a critical time to […]

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Budgeting and Forecasting Part 2: The CEO’s role in the budgeting process

Building your Backwards Budget  Next, work that bottom line figure backwards.  By factoring in capital expenditures or additional investments the CEO wants to make, we derive at net income for the upcoming year.  We then factor in fixed costs/overhead costs to come up with the gross profit margin needed, to achieve this bottom line. Finally, […]

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