Category: Business Best Practices

Maximize the success of your business sale by avoiding these mistakes

Imagine your startup company or 30-year-old family business getting acquired. It sounds like it would be a dream. But in many cases, the transaction can lead to the end of everything business owners work so hard for. Buying an existing business along with selling businesses (mergers & acquisitions), is a great way to buy into… Read more »

8 Signs That a Business Owner Needs a CFO

B2B CFO® Partners are asked this question often – and frequently by bankers and attorneys whom we partner with that have business owner clients who are at different stages of growth in their business. You may be considering the same question as you assess the strategic financial leadership within your business. Here are some of… Read more »

Steps to Recession-Proof Your Business

Many economists predict the U.S. economy’s decade-long growth streak is set to hit a down side soon. Of course, as a college Economics professor once remarked, “Economists have predicted nine of the last three recessions.” That is to say the exact timing of a downturn can’t be precisely projected, but, as CEOs & Owners, we know economic slumps… Read more »

What does a CFO do?

Financial professionals working in companies may have different job titles depending on the firm and the industry.  Regardless of what the position is called, proper management of the financial area is critical for any organization. Anyone with access to the internet can look up a definition of what a Chief Financial Officer (CFO) is.  According… Read more »

2016 Sales Tax Changes: What to Expect in the New Year

Sales Tax

If you’re interested in knowing if there are changes in Sales Tax laws starting in 2016, there are a number of them!  Gail Cole in her blog for Avalara (www.avalara.com) tells you about them. Read the blog photo credit: State of Washington Tax Commission Sales Tax Token via photopin (license)

Award Winning Author and INC. Magazine’s Editor-at-Large Bo Burlingham to Keynote B2B CFO®’s Annual Meeting

Bo Burlingham

B2B CFO®, the nation’s largest CFO and Exit Strategies firm for privately held businesses, announced today that award winning author and Inc. Magazine’s Editor-at-Large, Bo Burlingham will keynote the National Partners Meeting to be held April 28-30, 2016. The invitation-only annual event that brings together all of B2B CFO®’s Partners from across the country along… Read more »

A Penny at a Time

Penny

Many business owners have seen that inefficiencies develop during times when the company is focused on sales growth versus cost containment.  Expenses, and the containment of them, become secondary as long as the products/services are delivered to the Customer.  Often, the first reaction to cutting costs is to cut payroll.  That’s not always the best… Read more »

Sales Tax NEXUS – What’s it about?

Confused Boy Looking At Viewer

By definition, nexus means a connection exists. The term nexus is used in tax law to describe a situation in which a business has a “nexus” or presence in a state and is thus subject to state income taxes and to sales taxes for sales within that state. What Determines Nexus?  Nexus is determined differently for income… Read more »