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The Cost of Financial Mismanagement: Lessons for Small Businesses
Many small businesses don’t realize the true cost of financial mismanagement—until it’s too late.Â
Colin Murray
Mar 145 min read
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Why Your Bookkeeper Isn't Enough: The Role of Strategic Finance
Many business owners assume that because they have a bookkeeper, their financial needs are covered. But bookkeeping alone isn’t enough.
Colin Murray
Mar 24 min read
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Strategic Planning vs. Tactical Planning: Why You Need Both
Businesses strategic and tactical planning. A great strategy without execution is just a dream. But execution without strategy is chaos.
Colin Murray
Feb 274 min read
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The Cash Flow Statement: What It Is and Why It Matters
Profit does not equal cash flow. The cash flow statement (CFS) is one of the most important financial reports a business owner can use.
Colin Murray
Jan 305 min read
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How a Fractional CFO Can Help Your Business Thrive
A Fractional CFO provides high-level financial guidance without the cost of hiring a full-time executive.
Colin Murray
Jan 244 min read
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5 Financial Mistakes That Hurt Small Businesses (And How to Avoid Them)
For many entrepreneurs, the financial aspects of running a business can feel overwhelming. Mistakes happen, but they can also be costly.
Colin Murray
Jan 195 min read
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Why Every Small Business Needs a Financial Plan (and How to Create One)
Did you know that 82% of small businesses fail due to poor cash flow management? This is a figure that continues to astound me.
Colin Murray
Jan 124 min read
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