Category Archives: Growth

What Do I Do With My Current Staff If I Outsource My Accounting?

Why does the thought of outsourcing your accounting cause you heartburn?  Likely because it promises to reduce or eliminate staff pay for your company.  For […]

What’s Your Time Worth in Big Macs?

Measuring value is an extremely challenging topic for anyone to undertake. The most popular value is to measure by hour. Whether professional services or employees, each comes with a cost for every hour of time. The algebra for this method is straight forward and, (dare I say) fun. The 2018 federal minimum wage worker ($7.25 per hour) can work for an entire eight-hour day and earn $58. At approximately $4 each, that will purchase 14 ½ Big Mac sandwiches.&nb […]

If You Build It, They Might Come

Is this the most wonderful time of the year? October is here bringing with it cool weather, changing leaves and the baseball playoffs. To make it even better, the Cubs are in the postseason again! If their streak continues, I’ll have another sleep deprived month cheering them on to a repeat World Series. All this baseball has me thinking about great baseball movies. There is no shortage of quality movies about this American pastime but certainly one of my fa […]

Don’t Trash Your Cash

If you’re an investor, a small business owner or a finance executive you’ve probably heard the phrase, “Cash is Trash.”  Since the Federal Reserve went on its stimulus rampage after the beginning of the great recession almost eight years ago leading to QE1, QE2 and other variations of monetary stimulus it has encouraged the interest rates to lower to zero and negative in some cases. The savers of the world are bemoaning this policy as their cash […]

3 Ratios Your Banker is Watching in Your Business

Running a privately held business is adventurous, exciting and risky. It is fun to be an entrepreneur and to interact with a diverse group of advisers and associates as you conduct business. If you are among the many businesses utilizing bank financing, one of these individuals needs to be a sharp commercial lender.Commercial lenders, also called Business Bankers, deal specifically with the business men and women using their hard earned capital to make investments for the future. By lendi […]