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E-Myth – “Why most small businesses don’t work & what to do about it”

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Virtual CFO | Understanding The Breakeven Point In Business

 Many entrepreneurs struggle with understanding their business finances, simply because they do not have any experience with business owners before they become one says virtual CFO. They should have a list of all of the most important things that they need to learn...

Virtual CFO | Revenue And Direct Cost Of Sales

One of the biggest challenges that entrepreneurs often have as they start their new business says virtual CFO, is that 82% of entrepreneurs have failed financial literacy test given to them by into it, the makers of QuickBooks. Because so many entrepreneurs lack basic...

Virtual Cfo | Understanding Revenue In Business

When entrepreneurs better understand the financial aspect of their business, virtual CFO says that they become better equipped to avoid the second most common reason why entrepreneurs fail in business. That reason is running out of money. With 50% of all entrepreneurs...

Virtual CFO | Understanding Revenue Accounts And Expenses

Warren Buffett famously said, ìaccounting is the language of businessî, and virtual CFO says that when entrepreneurs can learn to speak this language of business, they can significantly impact their ability to succeed in business. 50% of all entrepreneurs fail in...

Virtual CFO | Breaking Even In Business?

It is a significant issue, that 82% of all entrepreneurs failed a financial literacy quiz given to them by Intuitís, the company that makes QuickBooks software says virtual CFO. The reason why so many entrepreneurs lack basic business financial literacy is that they...