The Entrepreneurs Library – The Exit Strategy
In this audio clip B2B CFO® Founder Jerry Mills shares all his insights on his book, The Exit Strategy Handbook, where he reveals the best way business owners can prepare themselves for selling a business. About B2B CFO B2B CFO provides Management Advisory Services to owners of privately held companies. We focus on increasing cash and company value. Our services include improvements in finance, accounting and operations, company growth, as well as helping owners to transfer or sell their companies. Our professionals work directly with business owners, on-site. Each of our 200+ professionals is an equity owner and brings 25 plus years of senior-level experience. With a nationwide presence, B2B CFO is the largest company of its kind in the United States. Founded in 1987 and headquartered in Mesa, Arizona, B2B CFO has ranked in the Inc. 5000 and was recognized in 2018 as one of Forbes Magazine’s “Small Giants.” For more information please visit...
P|E|A|K Radio Over the E.D.G.E. Asks a B2B CFO® on Corporate Efficiency
P|E|A|K Radio Over the E.D.G.E. recently interviewed Keith Simmons, partner at B2B CFO, about the corporate efficiency. This power-packed show deep dives in to the importance of corporate efficiency, revealing its significance to the future of your business, and helps those wanting to know where to go for assistance. Listeners will hear: Understanding how company issues often result in under-performance Identify root causes and implement effective corrective actions. The need to address issues that contribute to under-performance Employee engagement and the impact on your bottom line along with improved processes, controls and profitability How to implement an infrastructure that brings immediate improvement and supports continued growth and greater levels of future success Click here to listen to the Interview About B2B CFO B2B CFO provides Management Advisory Services to owners of privately held companies. We focus on increasing cash and company value. Our services include improvements in finance, accounting and operations, company growth, as well as helping owners to transfer or sell their companies. Our professionals work directly with business owners, on-site. Each of our 200+ professionals is an equity owner and brings 25 plus years of senior-level experience. With a nationwide presence, B2B CFO is the largest company of its kind in the United States. Founded in 1987 and headquartered in Mesa, Arizona, B2B CFO has ranked in the Inc. 5000 and was recognized in 2018 as one of Forbes Magazine’s “Small Giants.” For more information please visit...
Hamilton Native Obtains Specialty Certification
B2B CFO® announced in December that Hamilton native Jeff Matthews has met the firm’s highest standard for its partners providing business transition services to small and mid-sized businesses. Matthews, a graduate of Taft Jeff High School in Hamilton, successfully completed the training and passed multiple exams to become a Certified Business Transition Expert and now carries the distinct Certified Business Transition Expert designation, according to B2B CFO®. A B2B CFO® Certified Business Transition Expert helps business owners prepare for and execute their business transitions such as a sale to a third party or key employees, to a family member, or an Employee Stock Ownership Plan; and are typically the single largest event in an owner’s business life. As a partner at B2B CFO®, Matthews brings 35 years of experience in construction related manufacturing and distribution, sporting goods, consumer products, and service companies. About B2B CFO B2B CFO provides Management Advisory Services to owners of privately held companies. We focus on increasing cash and company value. Our services include improvements in finance, accounting and operations, company growth, as well as helping owners to transfer or sell their companies. Our professionals work directly with business owners, on-site. Each of our 200+ professionals is an equity owner and brings 25 plus years of senior-level experience. With a nationwide presence, B2B CFO is the largest company of its kind in the United States. Founded in 1987 and headquartered in Mesa, Arizona, B2B CFO has ranked in the Inc. 5000 and was recognized in 2018 as one of Forbes Magazine’s “Small Giants.” For more information please visit...
Five Ways To Get More Cash From Your Business
AZ Business Magazine by Jerry Mills As CEO of B2B CFO®, I regularly talk about our motto which is, “Cash. We help you get it®”. When talking about how we help our clients get more cash, I find that there is generally a misconception. Most people think that there are only two ways to get more cash: the first one being taking a traditional route of talking to banks about loans, and the second trying to get an investor to infuse more cash into your business. I am going to present to you five ways to get more cash from your business. These five steps do not involve taking on more debt nor do they involve diluting your equity: 1. Try to cut back on costs Yes, this is a pretty obvious way to get more cash into your business, but it does take a concerted effort. One of the easiest ways to cut cost is to ask your service providers to re-bid for your business. Just because they are working with you now doesn’t mean that they are the best fit for your business in terms of cost or relationship. This can be particularly true in the following areas: insurance, benefits, telephone, credit card services and office supplies. These are all examples that can be negotiated and significant cost savings realized. Saving even three or four percent of operating expenses can be the difference between breaking even and generating significant cash. 2. Sell more or charge more This may seem obvious, but you might find there is less opposition than you may think. Look at what your competition is...B2B CFO® are media experts on, and can speak to the media on:
- - Company Financials
- - Small Business Finance
- - Lending
- - Profit/Loss Statements
- - Exit Strategy
