Finance Archives | Page 2 of 4

Finance, Thought Leadership

What Happens When Your Investor Wants to Cut Costs?

Lorne Noble
March 28, 2022

Sarah’s story Sarah founded her own business seven years ago. She made bespoke scarves. Each was made of the finest silk and was printed in the highest quality bearing an image chosen by her clients. Her hobby had become her business and as word spread it was clear that demand was outweighing her ability…

Finance, Startups

How to Prepare for Venture Capital Due Diligence (and How an Outsourced CFO Can Help)

Lorne Noble
March 21, 2022

When your company is at a point where you need a substantial infusion of cash to fund your next milestones, a venture capital (VC) investment might be the right solution. Before you approach a VC firm though, you need to be ready to withstand their due diligence. Exactly what is VC due diligence, and…

CPG Companies, Finance, Taxes, Thought Leadership

3 Ways Consumer Expectations Impact Your CPG Business Taxes and Financials

Bert Wilson
March 11, 2022

Every business today is challenged to meet unprecedented customer demand at a time when supply chains are constrained like never before. It takes a strategic approach to ensure your goods reach consumers quickly and efficiently. And with a McKinsey & Company report noting that execution is now the strongest driver of profitable growth for…

Finance, Thought Leadership

How to Raise Capital Without Diluting Too Much of Your Ownership

Lorne Noble
January 27, 2022

Capital is the lifeblood of any growth business. Raising sufficient capital enables you to fund the development of your product before you start generating revenue, get your offering to market faster, and scale the business once you’ve operationalized it. But many approaches to raising capital require you to give away a portion of ownership…

Finance, Thought Leadership

Avoid These 4 Appraisal Pitfalls

Lorne Noble
January 19, 2022

You are happy. Business is moving forward. You have finally delegated a bunch of jobs that were keeping you awake at night. You like your team and feel like they are in it with you. And it’s employee appraisal time. A day to put your feet up, enjoy a really positive chat with some…

Finance, Metrics

Why Should You Care About Asset Management Ratios?

Lorne Noble
January 6, 2022

A variety of financial ratios can help business owners make sense out of financial data, like profit, sales, and assets, that can be difficult to analyze without context. Ratios don’t give you answers to questions, like how well you are performing and what you need to do to improve. Instead, financial ratios help you…

Finance

4 Tips for Organizing Your Funding Priorities

Lorne Noble
November 25, 2021

Planning is always key and this has never been more true than when it comes to dealing with your money! As a small business owner, the influx and outflux of capital is probably always on your mind. And so, when you receive a big influx of cash from a loan or an investment, how…

Finance, Startups

Your Runway For Pitching to Investors

Lorne Noble
October 11, 2021

What is a Financial Runaway? In the startup world, the concept of your financial runway is used to assess the number of months until new capital needs to be raised (or you need to find more cash) so your business can survive and keep on growing. It’s all about making sure that you know…

Finance

Why is Budgeting So Important for Your Business?

Lorne Noble
September 3, 2021

Let’s say you’re a relatively young business, you’ve experienced initial success and growth, but now you feel like you’re hitting a wall with your growth initiatives. It might be time to consider financial modeling and budgeting, with the support of an expert, to help you get over your growth hump. We’ve pulled together a…

Finance

What is Revenue-Based Financing?

Lorne Noble
August 12, 2021

Revenue-based financing (RBF) is a mix of equity and debt financing that places a limit on the equity portion of the financial agreement. In an RBF agreement, a company receives capital from investors with an agreement to pay a percentage of monthly revenue until a predetermined amount has been paid. This method is popular…

Simple Startup Blog