Find your weekly dose of inspiration, education and reflexions through our weekly articles all about optimizing your financial decisions.
When you start a business and are developing your strategy, an important part of the strategy is going to be your revenue model – after all you need to generate income! There are several revenue models that can be implemented. Many times a business will have more than one revenue stream within their revenue model […]
Budgeting is a very important activity you should be doing to help drive the financial sustainability of your business. Forecasting your finances is not a “one-and-done” exercise, but something you should be doing ongoing with a regular and recurring cadence. The goal of budgeting is not to be 100% accurate in your projections, but to […]
One of the biggest struggles for entrepreneurs is raising money to fund their startup or grow their business. Access to capital remains an issue for many business owners, so you have to remain flexible and get creative with your efforts. You may have to diversity across a few different resources to optimize your capital structure. […]
If we are having a conversation about your business finances, you will likely hear me talk a lot about cash flow. So, what is cash flow exactly? In the most simple terms, cash flow is the movement of money in and out of your business. I’m sure you’ve heard the expression “cash is king” (or […]
“So, are you a CPA?” or “Can you help me with my taxes?”…these are questions I get often. And the answer to both is, no. I respect the heck out of accountants, but they offer a very different, but equally, important set of skill sets than I do as a finance expert. As you are […]
Financial models in excel can range from a simple one page spreadsheet, to more complex multi-sheet workbooks. No matter the complexity, if you aren’t well versed in excel, the thought of building a model from scratch can feel quite intimidating. Building models takes patience and practice, but there are a few things you can do […]