Mark's Articles & Media
Understanding the Beneficial Ownership Information Reporting Rule: FAQ’s For Business Owners
As part of efforts to curb money laundering, increase transparency of business ownership and to reduce other financial crimes, FinCEN has issued a new rule requiring businesses to report the personal identifiable information of their owners. This is known as beneficial ownership reporting. To comply with this rule, businesses must understand who their beneficial owners…
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What is a Good Gross Profit Margin? Tips to Improve GPM and Drive Profitability
As the year ends, it’s essential to keep your business’s financial health in mind. Whether you’re running a small business or a large enterprise, the fourth quarter can be a make-or-break period for achieving your financial goals. The good news is there are several things you can do to ensure that your business ends the…
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Steps to Storm Proof Your Business When Dark Clouds Gather
It’s impossible to completely eliminate worry in business, but there are steps you can take to avoid common obstacles that can hinder growth and success. In my recent article, I outline the most typical “black clouds” that can hover over any business. These clouds can include everything from cash flow issues to employee turnover to…
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Considering a Sale of Your Business? Follow these Exit Planning Strategies in 2023
Economic conditions such as high market demand for profitable businesses, labor shortages, and economic uncertainty in the year ahead are bringing many business owners to the point of selling their business. Whether a business sale is on the short-term horizon or a consideration in five years, the sale will be one of the most significant…
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Business Owners’ Road Map to Navigating Post COVID-19 Recovery
Nearly every business across the country is affected by the COVID-19 shutdown. Now that many parts of the U.S. are starting to slowly re-open, you may find that you need to quickly and smartly pivot and rethink your business operations, customer service process, and how to generate revenue. If you’re gearing up to reopen, there…
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What’s Right for Your Business: 5 Strategies To Boost It
In these unprecedented times, all businesses will be facing issues they have never encountered before. Companies find themselves operating in the shadow of potential bankruptcies and significant loss of customers and employees. However, even before the pandemic disrupted the business world, many companies have considered as they evolve, what is the right structure for their business? …
Read More >Free Cash Flow Advice Sessions From America’s Top CFOs
B2B CFO unveils plan to support privately held businesses during coronavirus pandemic with free cash flow advice sessions and strategic best practices. As business owners grapple with the new reality of a COVID-19 crisis-stricken economy, B2B CFO, a national firm dedicated to providing management advisory services to privately held companies, is stepping up to fill a…
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Be a VISIONARY in a Season of Uncertainty
There’s no playbook for solving today’s crisis. However, there is a game plan for how business owners can adjust their business strategy quickly. Organizations who take strategic action and are dynamic in how they mitigate threats and seize opportunities will be the difference between surviving or thriving. This is a defining moment for business owners.…
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Coronavirus Impacts: 5 Steps To Protect Your Business & Employees
As many have feared, the coronavirus (COVID-19) has now arrived in the United States with a vengeance. As business owners, we are stronger than this virus, but all these circumstances and yet the unforeseen future consequences beg the question: is the company that you run or own prepared for a sudden catastrophe? As a B2B…
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How To Price Your Products?
Avoid these common mistakes that can hurt your profits! In order to stay competitive and profitable, companies must continuously ensure their pricing structure communicates their value proposition. Chances are, most of your customers aren’t price-sensitive as much as they are value-conscious. With the right pricing strategy, you can impact the company’s bottom line and its…
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