A CFO's Advice to Entrepreneurs
I was introduced to Keith Simmons from B2Bcfo.com by my CPA. I don't often get together for a cup of coffee with a stranger, but because my accountant is someone I really trust, I decided to do it. We had no particular agenda except to see if there might be some common interests, and indeed there were. Keith is a partner in a fascinating business that helps small firms have access to expert chief financial officers on a temporary basis. His focus is Long Island and the New York metro area, but his company has partners nationwide. He answers some of my entrepreneur-focused questions here.
What are the biggest mistakes new business owners make when it comes to managing the financial side of their business?
I find fewer than 10% of all businesses-new and established-take the time to create a plan. Lack […]