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…

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…

  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?…

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…