Dec 14, 2020 | CFO Services
If business owners do not understand their finances when they are small says CFO services. Growing their business quickly, will not help them understand those finances any better. This is why it is always recommended for entrepreneurs to learn what they need to do. If...
Dec 14, 2020 | CFO Services
Often, when small businesses start to operate, they feel that paying bills late is part of a sustainable business model says CFO services. But this is actually not true. And actually is an indication that the business is starting to struggle. They often believe that...
Dec 14, 2020 | CFO Services
Often, business owners think that not paying their bills on time is an effective business strategy says CFO services. However, this is not something that any business owners should do. Because when they stopped being able to pay bills, they stop understanding their...
Dec 14, 2020 | CFO Services
Small businesses in Canada are facing extremely high failure odds says CFO services. With half of all small businesses in Canada failing within five years. Industry Canada did a survey, in order to find out why so many Canadian small businesses were failing. And what...
Dec 14, 2020 | CFO Services
So many businesses think that a viable financial strategy in business says CFO services. Is to not pay their bills on time. So that they have an extra cushion of money, to increase their cash flow. However, this is not only a terrible idea. Because it will cause an...
Dec 14, 2020 | CFO Services
Small business owners in Canada are facing large odds of feeling says CFO services. With half of all small businesses failing within five years. And only three main reasons why they are not successful. The second most common reason. Why Canadian entrepreneurs are not...