Peggy's Articles & Media
10 Financial Metrics Every Business Owner Should Monitor
Regardless of the size, age, or industry, all companies need to consistently monitor their financial performance. Long-term success and goal achievement greatly depends on generating revenue and managing your financial metrics. Having trackable metrics with benchmarks ensures healthy business performance. By tracking and monitoring specific financial metrics over time, the business owner can gauge cash…
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Business Owner’s Guide to Effective Scenario Planning
Imagine turning uncertain situations in your business into favorable outcomes? Easier said than done. However, this is where the importance of scenario planning and “what if” modeling can help businesses thrive in the face of uncertainty. By testing the impact of various strategic options being considered, your company can stay ahead of the curve and…
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How to Prune to Promote Growth in 2023?
It seems counterintuitive to cut off branches, leaves, or even roots to get larger, fuller plants. And yet, it’s one of the most important tasks for a thriving, healthy garden. Just like a garden, a healthy and thriving business requires an Owner who can tend to the health of their business by pruning or removing…
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Leadership in Good and Tough Times
Every business owner has goals. B2B CFO® is here to help your organization take the right steps and provide strategic business and financial guidance as we weather storms. These strategies will help you and your team respond in good and tough times with excellence and action: Download this guidance on how to lead in tough…
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5 Types of Growth Your Business Should Avoid
Perhaps the headline of this article has surprised you—and that in itself is not too surprising. More often than not, growth is taught to be equivalent with success, profits and progress. A growing business is what most CEOs and small business owners dream of, but what isn’t talked about enough is that there is such…
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2023 Exit Planning Guide
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 future consideration, the sale will be one of the most significant business actions…
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The 5 Levers of Cash Flow Optimization
Today’s economic circumstances are continuing to knock budgets, plans and projected quarterly numbers from their assigned seats. The economy continues to experience shockwaves in the areas of supply chain, human resources and rising prices. Inflation is at levels not experienced in the United States in more than thirty years. It is for this reason that…
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Cash Flow Management Tips for Uncertain Times
Whether it was navigating the new normal to handling the Great Resignation to today’s supply chain, inflation and potential recession challenges, companies have been facing a time where managing cash flow is more important than ever. Between increased costs and lowered sales, some businesses will find themselves low on cash, perhaps to the point of…
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Seven Strategies to Offset Supply Chain Disruptions
If concerns over labor availability, supply chain disruptions, reduced availability of materials, and soaring costs are impacting your business, you are not alone. We’ve all been living through the greatest workplace and supply chain disruption in generations. The unprecedented times brought shortages in company warehouses, unstocked shelves in supermarkets and difficulty finding consistent delivery drivers.…
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8 Strategies to Weather Inflationary Times in Your Business
You don’t have to turn the news on twice to know we are currently on a road of high prices, supply chain reduction and a tight labor market. “Prices rose 7.5% in January compared to the year prior, according to the most recent Consumer Price Index (CPI) report,” Forbes reported just last month. “This is…
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