It’s been a long day with lots of customers interacting with your team and buying many of your products and services. Your staff seemed busy and you felt productive. But did your business actually move forward or backward? Did you win or lose today? Here is the main number you should track every day in your business to answer these important questions.

Whether its liability issues, ownership differences, multiple locations, etc., there aremany reasons for businesses to set up separate entities for their various business units,
functions, and strategies. Although these reasons exist and are varied, they can create
additional challenges which should be considered when “engineering” your accounting

I recently read a blog on the HBR Blog Network that really resonated with me. It started
by saying, “Why is it that between 25% and 50% of people report feeling overwhelmed
or burned out at work? It's not just the number of hours we're working, but also the fact
that we spend too many continuous hours juggling too many things at the same time.

Customers are the core component of any sustainable enterprise. The science of attracting and keeping customers is, therefore, of critical concern to entrepreneurs and business leaders. So, what are your customers worth? The secret to assessing this value lies in the key marketing and sales metrics of your business.

My 6-year old told me yesterday that she is having so many “issues” right now. I was quite concerned but luckily these “issues” only included an arm that was hurting and a runny nose. Whether it’s your 6-year old, spouse, boyfriend, girlfriend, or business, having “issues” in life is never a good thing. 

Scientific Method...Not Just for Science Class

Given the recent management changes at CFOwise, I have thought a lot about the new responsibilities I have been given as the new CEO.  Most obvious to the outside world is that I was given a new title of CEO, but what does that really mean?  Frankly, it doesn’t mean anything to the people that matter the most, our custome

I know this sounds simple, however, in reality, it takes a lot of work to actually under commit and over deliver.  This is a saying that was drilled into my head when I first became the CFO of the company I worked for.  Throughout my career, I have heard this phrase a lot, however, very few people actually do it.

Recently, I have been amazed at how much things have changed since I graduate from college.  Although I didn’t graduate that long ago, a lot of things are very different today than they were just a few short years ago.  For example, I remember sitting in one of my accounting research classes and the professor to

We all know that the life blood of any business is cash!  If we can’t collect on the services or products we provide, we might as well not be in business.  So what are the best collection practices and who should be responsible?