Blog

Is Making a Profit Intentional or Wishful Thinking?

By Jeff Semple |FocusCFO| Most small business owners figure out the price they need to sell a product and be competitive in the market, then subtract their expenses hoping to make a profit if they do everything really well. What if you turned it upside down and became intentional about…

Keys to having an effective budgeting process

By Jeff Semple If you want to grow and maintain a healthy business, you have to know where you’re going to generate revenue and incur costs. That’s why developing a budget that is in alignment with the purpose and goals of the company is so critical — and such a…

How a CFO can help solve your biggest problems

  by Jeff Semple | Do I need a CFO? What would you like to see changed, improved or different in the next 12 months? As a business owner, it could be any one of a number of things. Are inefficient processes costing you? Are you carrying too much inventory?…

3 Keys to Developing an Effective Ratio Analysis Strategy

by Jeff Semple | Operations Ratio analysis is a useful tool for business owners to evaluate the financial performance of their companies. However, it is not the calculation, but rather the interpretation and comparison of the data that makes these ratios an effective barometer. Here are three tips to maximize…

Understanding the Value of your Business

by Jeff Semple,FocusCFO | Accounting You know your business inside out. It’s your passion, the fruit of years of labor. To you, it’s priceless. But what is your business really worth? You may not think knowing that is important right now as you focus on running and growing your business.…

Using sales information to drive profitability

Using sales information to drive profitability By Jeff Semple | Revenue   Taking a look at your customers isn’t merely a matter of figuring out how much you have sold to them. It’s also a barometer you can use to help manage cash flow, drive management decisions and improve profitability.   Review…

The market for your small business

The market for your small business by FocusCFO | Revenue As a business owner, you are focused on your customers, your operations, and all of the day-to-day challenge that you face. But how often do you take the time to really look at the big picture? How well do you…