5 Financial Tips For a Prosperous New Year
Every year, millions of people make New Year's resolutions, hoping to improve some aspect of their lives. As a small business owner, you probably have many ideas about how to improve your finances in 2021. But with so many opportunities, where should you begin? Start by reading up on these 5 financial tips for a prosperous 2021!
1 | Set Measurable Financial Goals
2021 is the year to think big for your business. What do you want to ...
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Resources
6 Cash Flow Mistakes To Avoid
6 Cash Flow Mistakes to Avoid
“Entrepreneurs believe that profit is what matters most... But profit is secondary. Cash flow matters most.” - Peter Drucker
Cash is truly the lifeblood of your business. Without it, there’s no money to hire employees, buy supplies, or repay debt. According to a US Bank study, 82% of businesses that fail do so because of cash flow problems. Don’t be a statistic- learn six cash flow mistakes that can sink your business, and how to ...
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Small Business Budget Template
Small Business Budget Template
Need a budget for your small business? Save yourself the hassle of creating it from scratch. Download our free small business budget template. Use the "goods" page if you sell goods or the "services" page if you sell services.
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About Momentum CFO
Momentum CFO is a boutique firm specializing in outsourced Chief Financial Officer services for small to mid-size businesses. We bring the benefits of Fortune 500 financial expertise to ...
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New Hire Cost Calculator
New Hire Cost Calculator
Learn Your Total Costs of Hiring
Are you planning on hiring new employees? Before you start recruiting, it’s important to understand the total costs of hiring.
A common misconception among small to mid-sized business owners is that the cost of a new employee is limited to his or her salary or hourly wages. It’s easy to overlook how employer-paid costs such as payroll taxes and insurance, benefits, job supplies, recruiting, and harder-to-quantify ...
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Small Business Financial Management Checklist
Small Business Financial Management Checklist
Do you need a financial management checklist for your small business? Well, you're in luck! You're in good company if you're unsure about what you should be doing to keep your business finances in order. Many small business owners benefit from guidance on how to manage their finances. Here's a handy checklist to keep you on track. Contact us if you need help completing these tasks.
Daily Checklist
Check account balancesRecord all ...
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