What Is A Business Turnaround?
A business turnaround is the process of executing survival measures, identifying strategic improvements, executing corrections, and moving back into a growth trajectory. If your small business is facing...
Downturn Management
Energize Colorado Grant and Loan Gap Fund
Energize Colorado announced a limited supply Gap fund, offering $20,000 grants and $15,000 loans to Colorado small businesses adversely affected by Covid-19. The loan fund will prioritize issuance...
How Do You Measure the Success of a CFO?
As the person in charge of your company’s financial health, the chief financial officer (CFO) is vitally important. But how can you measure their effectiveness? In this article,...
Outsourced Finance Manager: What Is It and Do You Need One?
A finance manager is often the most experienced financial professional in a small business. Their responsibilities include overseeing company finances (cash, debt, collections, and payments,) preparing statements and...
What Do I Do if my Business Runs Out of Cash?
First, take a deep breath. Exhale. Do it again. Count 6 things in the room around you: computer, a glass of water, my bookkeeper looking panicked… Once you...
When Should I Lay Off Employees?
Laying off employees is one of the hardest decisions a small business owner makes. With the great uncertainty of how social distancing will affect the economy and business...