SMB FinanceOS
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CASHOS WEEK 5: THE FORMULA FOR CASH RESERVES THAT COULD SAVE YOUR BUSINESS
THE FORMULA FOR CASH RESERVES THAT COULD SAVE YOUR BUSINESS read on smbfinanceos.com Have you ever been in the position where you didn’t have enough money for payroll the next day? I remember the one time I got that call. It was early in the morning. Over the weekend I’d talked to the owner and let them know the deposit that we were expecting before the weekend hadn’t come, but I’d been assured it’d deposit in our account on Monday. Monday morning it wasn’t there, so we called the bank and...
CASHOS WEEK 4: WHY YOU’RE RICH ON PAPER, BUT HAVE NO CASH (CCC)
WHY YOU’RE RICH ON PAPER, BUT HAVE NO CASH (CCC) read on smbfinanceos.com A few years back, as I was onboarding a new client, we started talking about cash. “We’re profitable, but where is the cash?!?” he asked. It’s a great question. And a question I’ve heard more than a few times since in this form or others. Why can’t I make payroll?I can’t afford my next run of inventory… what gives?These taxes are killing me. How can I pay them if I don’t have money? These are all a root of the same...
CASHOS WEEK 3: THIS WEEKLY HABIT WILL TRANSFORM YOUR BUSINESS (THE 13-WEEK CASH FLOW FORECAST)
Your Weekly Cash Habit: THE 13-WEEK CASH FLOW FORECAST read on smbfinanceos.com “Wait… we’re short on cash?” Those are momentum-killing words. You’re cruising along… sales are up, customers are happy, your team is buzzing… and then it hits: payroll’s due Friday, and the account’s lighter than expected. Cue stress, credit card transfers, or that awkward vendor call. Surprises like this don’t just hurt your finances. They wreck your confidence. They pull you out of strategy mode and back into...
CASHOS WEEK 2: THE 3 JOBS OF CASH
THE 3 JOBS OF CASH (and the Real Statement You Should Care About) read on smbfinanceos.com You’ve got cash in the bank, but what does it mean? Is it good, bad, or neither? Can it be spent? Or is it already committed to taxes, payroll, or equipment maintenance? For most businesses, these are unanswerable questions because they don’t have a good sense of their cash and cash flows. In this series, we’re going to approach this problem from a number of different angles so that in the future you...
INTRODUCING CASH OS: A SYSTEM FOR MANAGING CASH & CASH FLOW
Hey everyone, before we jump into the article, I want to share a few things with you. Today marks a few different transitions for this newsletter. First, we're cutting sponsors (for now). I've been intentional about only promoting what I truly think is a good solution for you, but as time went along, I started asking a bigger question: why am I promoting someone else when I could just promote myself? So, for now, this will just be a labor of love. If you want to support us, there are three...
16 FRAME-BREAKING METHODS TO 10x YOUR FINANCIAL DECISION-MAKING
16 FRAME-BREAKING METHODS TO 10x YOUR FINANCIAL DECISION-MAKING read on smbfinanceos.com Over the last few months, we've been talking about Financial Reporting. Today, we wrap up the series and introduce you to 16 ways you can think "outside-the-box" to improve your reporting. If you were forwarded this email, my goal is to share one thing each week that changes the way you think about money. Subscribe by clicking here. Stop Settling for Less Earn interest in a Business Checking Account,...
IF YOU HATE WAR ANALOGIES IN BUSINESS, READ THIS ANYWAYS (TRIGGERS TO ACTION PLANS)
IF YOU HATE WAR ANALOGIES IN BUSINESS, READ THIS ANYWAYS (TRIGGERS TO ACTION PLANS) read on smbfinanceos.com Most business owners fail because of themselves. They act too slow. Emotionally. Or reactively. We constantly have to make decisions under pressure, but pressure makes for bad decisions unless we’ve planned ahead. Today, we’re talking about: What Offensive vs. Defensive Action Plans are How to use triggers that force actions The 5-step process to building them Can’t wait team! If you...
HOW TO TURN FINANCIAL DATA INTO BETTER DECISIONS
We make decisions daily, but most of them aren’t great. Some are inconsequential and don’t matter. But how do we know when they do? Today we’ll talk about: 3 decision types Creating natural decision points (triggers) to help you improve your decision quality and ultimately your business outcomes. If you were forwarded this email, my goal is to share one thing each week that changes the way you think about money. Subscribe by clicking here. BILL for your business📈lululemon for you🏃♂️🏃♀️...
A 5-STEP MEETING FRAMEWORK TO MAKING BETTER FINANCIAL DECISIONS
A 5-STEP MEETING FRAMEWORK TO MAKING BETTER FINANCIAL DECISIONS read on smbfinanceos.com This is a sexy topic today, y'all. Meetings. Lovely, lovely, meetings. We don't like them, but done right they can change your business. This 5-part framework ensures your financial meetings are productive & ACTIONABLE. If you were forwarded this email, my goal is to share one thing each week that changes the way you think about money. Subscribe by clicking here. ENROLLMENT ENDS TOMORROW Hey, Kurtis here....
THE 3 KEYS TO BETTER FINANCIAL REPORTING (MOST BUSINESSES MISS THESE!)
THE 3 KEYS TO BETTER FINANCIAL REPORTING (MOST BUSINESSES MISS THESE!) read on smbfinanceos.com The last two weeks we talked about the key drivers of your results. Once you understand the drivers, how do you get them into a reporting system? This week we talk about the three keys: Right metrics Right party Right time If you were forwarded this email, my goal is to share one thing each week that changes the way you think about money. Subscribe by clicking here. MASTER YOUR NUMBERS, LIVE! Hey,...
Get smarter about business finance in 5 minutes a week. Join 35k+ business owners and leaders learning financial statements and growing their business, for free.