Sales and Marketing
Small businesses often operate near their breakeven and therefore to become profitable they must either lower their breakeven or increase their sales. The fact is, lowering your breakeven is neither...
View ArticleProfit as a Residual
The owner determines the amount of profit that they wish to make. The owner needs enough internally generated information to have control of his profit. Most business owners do not even know that they...
View ArticleManagerial Accounting
Men and women with a limited understanding of accounting started most businesses. Their bookkeeper compiles information for their accountant but the owner knows that the tax return that their CPA...
View ArticleBudgeting for Neopreneurs—the Small Business Owners who comprise the clients...
Colonel Savage, upon observing the workers of the Union Pacific RR in 1868, “Verily, men earn their money like horses and spend it like asses.” What you can afford and when you can afford it The owner...
View ArticleManagerial Accounting
Men and women with a limited understanding of accounting started most businesses. Their bookkeeper compiles information for their accountant but the owner knows that the tax return that their CPA...
View ArticleHow do you use your Budget?
Colonel Savage, upon observing the workers of the Union Pacific RR in 1868, “Verily, men earn their money like horses and spend it like asses.” What you can afford and when you can afford it One of the...
View ArticleHow do you project your cash flow?
Each day we are asking a new business owner, “Do you know how much cash you will have in the bank on this Friday? Next Friday? Each Friday for the next six weeks?” Owners can almost never give an...
View ArticleDo you have Financial Control of your company?
Our previous two posts related the need for your two critical financial tools—your budget and your cash flow forecast. Absent either you do not have financial control of your company, however even...
View Article2011 Survey–72% of Small Business Owners Lack Financial Controls
The Fremont Group conducts an annual survey of small business owners. There will be additional posts on other aspects of the survey. With January posts devoted to financial control of your company we...
View ArticleWe’re not from the government but we ARE here to help!
The Fremont Group is a non-profit organization with the mission to support small business owners. Persons who are familiar with SCORE, an agency established by the SBA to do much the same, is...
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