Are you tempted to re-sell someone else’s product to boost your topline revenue?
On the surface, becoming a distributor for a popular product can appear to be a simple way to grow your sales—simply find something that is already proven to be successful elsewhere and negotiate the rights to sell it in your local market.… Read more >
Imagine you’re a farmer and you’ve been tending to your crops all year. It’s harvest season and finally time to collect the spoils of your labor.
You start harvesting your crops only to find out that pesky rodents have been quietly eating away at your fields. You’re devastated as you come to the realization that much of what you have been working so hard to cultivate has already been taken.… Read more >
Last month I introduced the concept of a business dashboard as a tool for monitoring your business. Monitoring KPI in the months or years prior to selling your business will facilitate exit strategy success by helping you to organize and monitor relevant information and tasks. In general the following best practices enhance the functionality of any business dashboard:
- Limit KPI to 6-8 metrics that matter: Focus on quality, not quantity.
… Read more >
Private company owners who are tax evaders can cause stress, unemployment and legal problems for CFOs, treasurers and controllers. B2B CFO’s founder and CEO, Jerry L. Mills, contributor to CFO.com shares insight and repercussions to business owners who are tax evaders. Full article and all of contributed articles by Jerry L.… Read more >