,

Investing in Your Business – Is the Picture Clear?

Hands of a young Asian businessman Man putting coins into piggy bank and holding money side by side to save expenses A savings plan that provides enough of his income for payments.
We hear from business owners constantly that they are making profits, but don’t have a lot of cash at the end of the year to show for it. One big reason is that they are constantly investing in their businesses. This concept of “reinvesting” profits frequently occurs, especially in growing businesses where the expected payoff is down the road.… Read More
,

We Have More Cash Than Expected – Now What?

White female model shows dollar bills in her hand closeup front view
Many companies find themselves with unexpected amounts of cash on hand as a result of PPP funds, stronger financial results and reduced spending over the last 12-18 months. While on the surface, that is an enviable position, many CEOs are struggling with the best decisions related to that cash, especially as there is still so much uncertainty in the global economy.… Read More
,

It’s Time to Talk Tax, Well Before Tax Day

Word Tax 2024 on the calculator. Business and tax concept.Calculator, coins, book, tax form, and pen on table.Tax deduction planning.Financial research, government taxes, and calculation tax return
As a business owner, when was the last time you talked to your tax accountant? Hopefully the answer is very recently, and if not, it needs to be a priority. Tax planning is one of the more critical, but too often unutilized tools in a company’s financial arsenal.… Read More
,

The Supply Chain Dilemma and What to Do Next

Supply Chain Management - SCM - The Coordinated Process of Producing and Delivering Goods and Services from Suppliers to Consumers - Conceptual Illustration
Disruption in the supply chain is nothing new, and you don’t have to look hard to find new data on a daily basis. Overseas manufacturers are still unsettled from the pandemic, ports are full and there are not enough truckers to move the necessary loads of goods.… Read More
,

Is your business sale ready today? You should be and here’s why.

Businessman use electronic pen writing rising colorful graph from 2023 to 2024 year of business planing and stock investment growth concept.
Even if you are not looking to sell your business near term, the mindset, preparation and readiness are essential to the long-term success and value of a business. We have worked with dozens of companies preparing for a sale transaction, and many more trying to build long term value.… Read More

What does your lender really think of you? You should know, and here’s how to find out.

Cashier giving money to businesswoman at desk in bank, closeup
Many businesses have made a full recovery in 2021, while others are at least seeing light at the end of the tunnel. The economy is returning to some semblance of normal. Not to be overlooked in the midst of this good news, is the importance of lenders in the continued path forward.… Read More
,

What If?

Hand holding a white question mark paper against a blue background in the studio. Question mark symbol concept. Close-up photo. Space for text.
Whether in uncertain economic times or times of growth, entrepreneurs constantly find themselves having to make decisions with less than perfect information. Thankfully, there is a powerful tool and one essential question, that can significantly aid in that process. What if?… Read More
,

What Every Business Should Do Right Now To Ensure A Successful Year

Business professionals discussing work in office meeting
This year brings with it new challenges, new plans, new small business support and a lot of new questions. It is particularly difficult for business owners to navigate the flood of new information daily, coupled with the uncertainties of the economy and lingering pandemic.… Read More
,

Finding the “Right” Growth

small tree with green leaves Natural growth and sunlight. Sustainable plant growth concept.
Growth in general is highly sought after in business. Unfortunately, it has also become a term thrown around much too loosely, and without context, growth, in and of itself, can hurt businesses at times much more than it helps. At Fintrepid Solutions, a phrase we repeat often is “growth breaks things”.… Read More
,

Budgeting Process Best Practices

Young African Woman Calculating Invoice With Calculator
It is the time of year where budgets are a frequent discussion point. This year of course with all the uncertainty in the economy, many businesses are struggling with how to start or how to have faith in planning for the new year.… Read More