Articles - G3CFO

Year-end Reporting Every Month

Financial Reporting

Year-End Financial Reporting Should Occur Every Month

UpdatedFebruary 13, 2025 Reading Time: 3 minutes

Three Employee Money Sharing Definitions

Leadership | Strategy Execution

Three Employee Money Sharing Definitions

UpdatedFebruary 22, 2025 Reading Time: 7 minutes

SUMPRODUCT

Financial Reporting | Excel

Using Excel’s SUMPRODUCT for Financial Reporting

UpdatedFebruary 12, 2025 Reading Time: 4 minutes

State Income Tax Reporting

Financial Reporting

Quit Expensing Your Pass-Through State Income Taxes

UpdatedJanuary 21, 2025 Reading Time: 6 minutes

Biggest Expense Restaurant

Financial Reporting

A Restaurant’s Biggest Expense

UpdatedJanuary 18, 2025 Reading Time: 4 minutes

Your Banker is Not an Investor

Banking

Your Banker Is Not an Investor

UpdatedJanuary 21, 2025 Reading Time: 5 minutes

G3CFO Acquisitions - Just Say No

Strategy Execution

The Reason You Should Never Purchase a Business

UpdatedJanuary 17, 2025 Reading Time: 4 minutes

email marketing

Strategy Execution

Unconventional Marketing Practices

UpdatedJanuary 3, 2025 Reading Time: 4 minutes

Inflation

Strategy Execution

Duh, Inflation is a Deadly Profit Killer

UpdatedFebruary 22, 2025 Reading Time: 3 minutes

Form 1099

Taxes

1099 Processing Should Be Easy

UpdatedFebruary 22, 2025 Reading Time: 5 minutes

Accounting Department Size

Accounting

The Typical Size of an Accounting Department

UpdatedDecember 31, 2024 Reading Time: 3 minutes

Patients and Customers

Strategy Execution

The Advice I Give to Every Doctor CEO

UpdatedFebruary 22, 2025 Reading Time: 3 minutes

401k Recommendations

Taxes

401k Due Diligence Suggestions

UpdatedJanuary 2, 2025 Reading Time: 3 minutes

Appliance Care Business Planning Basics

Strategy Execution

Appliance Care Business Planning Basics

UpdatedFebruary 22, 2025 Reading Time: 5 minutes

DCOM® Modified

Strategy Execution

Modified DCOM® Explained

UpdatedFebruary 22, 2025 Reading Time: 2 minutes

CEO Time Off

Leadership

The 2nd-Most Important Number in Any Business

UpdatedJune 8, 2024 Reading Time: 6 minutes

Trash Truck Cost Structure

Strategy Execution

Costs vs. Cost Structure

UpdatedMay 5, 2024 Reading Time: 6 minutes

Accounting Manager Expectations

Accounting

What I Expect From Accounting Managers

UpdatedJune 10, 2024 Reading Time: 8 minutes

Cash is not king

Leadership

Cash Is Not King, Nor Are Profits

UpdatedMay 2, 2024 Reading Time: 3 minutes

Personal Bank Guarantees

Banking

Three Important Questions and Answers on Bank Guarantees

UpdatedApril 30, 2024 Reading Time: 3 minutes

Micro-brewer-Financial-Insights

Financial Management

Critical Keys To Microbrewer Profitability

UpdatedJanuary 1, 2025 Reading Time: 4 minutes

The Three CPA Tax Meetings

Taxes

The Three Annual CPA Tax Meetings

UpdatedApril 29, 2024 Reading Time: 6 minutes

Tony Gwynn and Positive Consistency

Leadership

Tony Gwynn, Baseball, and Great Businesses

UpdatedMay 2, 2024 Reading Time: 3 minutes

NPV Excel Formula

Financial Analysis

What’s Wrong with My Excel NPV Formula?

UpdatedMay 2, 2024 Reading Time: 1 minute

You Don't Need a CFO, You Need a Controller

CFOs

You Don’t Need a CFO, You Need a Controller

UpdatedMarch 1, 2024 Reading Time: 4 minutes

Apple's Profit Margin

Financial Reporting

The Consistency of Apple’s Profit Margin

UpdatedFebruary 26, 2024 Reading Time: 4 minutes

The Money Pit - Good Money after Bad

Leadership

CEOs Throwing Good Money after Bad

UpdatedFebruary 24, 2024 Reading Time: 7 minutes

Temp Staffing Sales Tips

Strategy Execution

Three Sales Tips for Temp Staffing Agencies

UpdatedJanuary 1, 2025 Reading Time: 4 minutes

Commercial Vehicle Leasing Business

Financial Reporting

The Critical Number on Commercial Vehicle Leasing P&Ls

UpdatedFebruary 25, 2024 Reading Time: 7 minutes

Month-end Closing Checklist

Accounting

The Critical Step of the Month-End Closing Checklist

UpdatedFebruary 8, 2025 Reading Time: 4 minutes

Financial Performance

Leadership

What Happens When Financial Performance Keeps Going Well?

UpdatedFebruary 4, 2024 Reading Time: 4 minutes

Above and Below the Fold Reporting

Financial Reporting

P&L Reporting Above and Below the Fold

UpdatedFebruary 11, 2024 Reading Time: 9 minutes

Bell Labs Mentality

Leadership

Do You Have a Bell Labs Mentality?

UpdatedFebruary 2, 2024 Reading Time: 3 minutes

Profit Distribution

Leadership

The 40-30-20-10 Rule™ for Allocating Profits

UpdatedApril 9, 2024 Reading Time: 5 minutes

Three Types of Fractional CFOs

CFOs

The Three Types of Fractional CFOs

UpdatedJune 18, 2024 Reading Time: 14 minutes

Margin vs Overload

Leadership

Margin vs Overload

UpdatedMay 2, 2024 Reading Time: 3 minutes

Books - Are Business Plans Necessary

Strategy Execution

Are Business Plans Necessary?

UpdatedJanuary 16, 2024 Reading Time: 3 minutes

G3CFO is Switzerland

CFOs

G3CFO’s Switzerland Mindset

UpdatedJanuary 14, 2024 Reading Time: 5 minutes

My Ten Favorite Books in 2023

Learning and Growth

My Ten Favorite Books in 2023

UpdatedJune 12, 2024 Reading Time: 2 minutes

Financial Modeling the Future

Financial Modeling

Ramping Up Your Financial Modeling Skills

UpdatedJanuary 13, 2024 Reading Time: 6 minutes

Accounting Candidate Interview

Accounting

5 Questions to Ask Your Next Accounting Candidate

UpdatedJanuary 14, 2024 Reading Time: 6 minutes

Leadership Incentive and Rewards Plan

Strategy Execution

A Simple Rewards Plan for Any Leadership Team

UpdatedJanuary 13, 2024 Reading Time: 2 minutes

Rewards and Incentives

Strategy Execution

My Beliefs on Incentive Plans

UpdatedJune 12, 2024 Reading Time: 5 minutes

Selecting an ERP solution is similar to football stadium construction.

Strategy Execution

Three Steps to a New ERP System

UpdatedNovember 20, 2023 Reading Time: 6 minutes

Contractor Cash Flow Forecasting

Financial Modeling

Cash Flow Forecasting for Small Contractors

UpdatedMay 2, 2024 Reading Time: 5 minutes

More Than One Bottom Line

Financial Analysis

The 3 Bottom Lines in Retail

UpdatedJanuary 2, 2025 Reading Time: 3 minutes

Critical Accounting Concepts

Accounting

Simple But Critical Accounting Concepts

UpdatedOctober 25, 2023 Reading Time: 4 minutes

Analytics

Financial Analysis

Let’s Quit Using the Term Analytics

UpdatedMay 2, 2024 Reading Time: 1 minute

Pricing an Accounting Manager

Accounting

How to Price an Accounting Manager

UpdatedJune 12, 2024 Reading Time: 4 minutes

Project Management

Strategy Execution

The Three Pillars of Project Management

UpdatedAugust 22, 2023 Reading Time: 6 minutes

No Integrity CoMo Premium Exteriors

Leadership

Flawed Customer Service at CoMo Premium Exteriors

UpdatedJune 25, 2024 Reading Time: 11 minutes

Borrowing Base Certificate

Banking

Should a Borrowing Base Revision Ever be Reported?

UpdatedAugust 8, 2023 Reading Time: 8 minutes

Strategic Coach

Leadership

Is the Strategic Coach Right for You?

UpdatedMay 2, 2024 Reading Time: 6 minutes

Jeff Walker - Business Owner Time Off

Strategy Execution

A Simple Test That Impacts The Value of Your Business

UpdatedJuly 16, 2023 Reading Time: 5 minutes

10 Tips for Sauna Business Owners

Strategy Execution

10 Tips for New Sauna Business Owners

UpdatedJune 12, 2024 Reading Time: 13 minutes

Five Questions for a CFO at an All-Hands Meeting

CFOs

CFO Questions for Your Next Financial Huddle

UpdatedJuly 5, 2023 Reading Time: 3 minutes

Construction Management

Strategy Execution

My Starting Point for Construction Management Software

UpdatedFebruary 5, 2024 Reading Time: 6 minutes

Every small business searching for a part-time CFO should consider B2B CFO®

CFOs

Should You Hire a B2B CFO®?

UpdatedJune 26, 2023 Reading Time: 4 minutes

Ten Tips for the Appliance Repair Industry

Strategy Execution

10 Tips for Every Appliance Repair Business Owner

UpdatedJuly 12, 2023 Reading Time: 7 minutes

Treasury Management for Small Business

Financial Management

What is Small Business Treasury Management?

UpdatedMay 2, 2024 Reading Time: 8 minutes

Ten Questions for a Fractional CFO

CFOs

10 Interview Questions for a Fractional CFO

UpdatedJune 23, 2023 Reading Time: 11 minutes

Contract Manufacturing Scorecards

Strategy Execution

Contract Manufacturing Scorecard Design

UpdatedJune 20, 2023 Reading Time: 3 minutes

Does your small business need a separate management company?

Strategy Execution

Should You Create a Management Company?

UpdatedMay 31, 2023 Reading Time: 6 minutes

The Completed Contract Method

Financial Reporting

The Completed Contract Method

UpdatedMay 26, 2023 Reading Time: 8 minutes

3 Accounting Rules for CEOs

Accounting

3 Simple Accounting Rules for CEOs

UpdatedMay 6, 2023 Reading Time: 3 minutes

eCommerce and COGs

Accounting

eCommerce and COGs

UpdatedJune 12, 2024 Reading Time: 4 minutes

1974 Goals at a Retail Icon

Strategy Execution

1974 Goals at a Retail Icon

UpdatedApril 16, 2023 Reading Time: 3 minutes

The Reason I Project Balance Sheets

Financial Modeling

The Reason I Project Balance Sheets

UpdatedJune 12, 2024 Reading Time: 3 minutes

10x Mindset vs 2x Improvement

Strategy Execution

10x Mindset vs 2x Improvement

UpdatedMay 2, 2024 Reading Time: 3 minutes

Controllership Mistakes In PE Firms

Accounting

Controllership Mistakes In PE Firms

UpdatedApril 18, 2023 Reading Time: 2 minutes

Bar Charts

Financial Analysis

Please Fix Your Bar Charts

UpdatedMay 2, 2024 Reading Time: 3 minutes

Income Tax Compliance

Taxes

Income Tax Compliance

UpdatedJune 12, 2024 Reading Time: 17 minutes

How a CFO Chooses Clients

CFOs

How I Choose My Clients

UpdatedJune 12, 2024 Reading Time: 4 minutes

The Weekly Staff Meeting

Strategy Execution

The Weekly Staff Meeting

UpdatedApril 12, 2023 Reading Time: 7 minutes

2x Your Business

Strategy Execution

The Power of 2x™ Strategic Thinking

UpdatedMay 2, 2024 Reading Time: 5 minutes

The Hard Work of Simple Checklists

Strategy Execution

The Hard Work of Simple Checklists

UpdatedJune 12, 2024 Reading Time: 7 minutes

What is HLP?

Financial Modeling

What is HLP?

UpdatedJune 12, 2024 Reading Time: 3 minutes

Law Firm Fees

Financial Management

Law Firm Fees

UpdatedMay 2, 2024 Reading Time: 5 minutes

The Reason I Needed to Replace an F-150

Strategy Execution

Auto Dealers Who Sell F&I The Wrong Way

UpdatedJune 12, 2024 Reading Time: 6 minutes

Restaurant Jargon

Strategy Execution

Restaurant Jargon

UpdatedApril 12, 2023 Reading Time: 4 minutes

Never Email Financials To Your Banker

Banking

Never Email Financials To Your Banker

UpdatedApril 20, 2023 Reading Time: 5 minutes

What should be my minimum cash balance in my business?

Financial Management

Minimum Cash Balances

UpdatedFebruary 10, 2025 Reading Time: 15 minutes

The Big Five to Building a Great Business

Strategy Execution

The Big Five to Building a Great Business

UpdatedJanuary 17, 2023 Reading Time: 4 minutes

What is a CFO?

CFOs

What is a CFO?

UpdatedApril 12, 2023 Reading Time: 1 minute

When to Hire Your First Controller

Accounting

When to Hire Your First Controller

UpdatedJune 12, 2024 Reading Time: 2 minutes

Finding, Getting, and Keeping a Customer

Strategy Execution

Finding, Getting, and Keeping a Customer

UpdatedJune 12, 2024 Reading Time: 2 minutes

Tax Distributions

Accounting

Are All Owner Distributions the Same?

UpdatedJune 12, 2024 Reading Time: 5 minutes

Risk Factors

Strategy Execution

Risk Factors vs Threats

UpdatedFebruary 3, 2024 Reading Time: 5 minutes

Buffett Free Cash Flow

Financial Management

Buffett is Wrong About Free Cash Flow

UpdatedMay 2, 2024 Reading Time: 6 minutes

I Love My Clients

Strategy Execution

I Love My Clients

UpdatedJune 12, 2024 Reading Time: 2 minutes

Three Faces Behind Every Bank Loan

Banking

Three Faces Behind Every Bank Loan

UpdatedJune 12, 2024 Reading Time: 4 minutes

Small Business CFO Requirements

CFOs

Do You Need a CFO in Your Small Business?

UpdatedJanuary 2, 2025 Reading Time: 6 minutes

Ecommerce Accounting Cleanup

Accounting

Ecommerce Accounting Cleanups

UpdatedJune 12, 2024 Reading Time: 8 minutes

Roofing Industry Due Diligence

Strategy Execution

Roofing Company Due Diligence Requests

UpdatedJune 12, 2024 Reading Time: 2 minutes

Loan Bank Fees

Banking | Financial Management

Never Pay Bank Fees

UpdatedJune 12, 2024 Reading Time: 7 minutes

Business Valuation

Leadership

Are Business Valuations Useless?

UpdatedMay 2, 2024 Reading Time: 2 minutes

Big Bets - Strategy - Priorities - Cadence

Strategy Execution

Bets, Priorities, and Strategy

UpdatedMay 2, 2024 Reading Time: 9 minutes

The Office Manager Conundrum

Accounting

The Office Manager Conundrum

UpdatedSeptember 1, 2021 Reading Time: 12 minutes

Leadership - Direction

Leadership

Directional Leadership

UpdatedJune 12, 2024 Reading Time: 2 minutes

G3CFO Financial Reporting

Financial Reporting

Financial Reporting Basics

UpdatedMarch 7, 2023 Reading Time: 7 minutes

Giving Up on Management Programs

Strategy Execution

3 Reasons CEOs Give Up on Management Systems

UpdatedJune 19, 2023 Reading Time: 3 minutes

What is Financial Excellence?

Strategy Execution

What is Financial Excellence?

UpdatedJune 12, 2024 Reading Time: 4 minutes

Small Business CFO

CFOs

What is a Small Business CFO?

UpdatedJuly 16, 2023 Reading Time: 7 minutes

Sowing the Seeds of a Profitable Landscaping Firm

Financial Analysis

Sowing the Seeds of a Profitable Landscaping Firm

UpdatedJune 12, 2024 Reading Time: 11 minutes

G3CFO Bank Debt Hacks

Banking

A Simple Method for Managing Small Business Debt

UpdatedJanuary 5, 2021 Reading Time: 4 minutes

G3CFO Cash Management

Financial Management

5 Cash Management Questions You Need to Ace

UpdatedMay 2, 2024 Reading Time: 6 minutes

G3CFO Sales Leaderboard

Strategy Execution

Do You Display a Sales Rep Leaderboard in Your Business?

UpdatedJune 12, 2024 Reading Time: 5 minutes

Favorite Books 2017

Learning and Growth

My Favorite Books in 2017

UpdatedJune 12, 2024 Reading Time: 7 minutes

EBITDA-Conundrum

Financial Analysis

The EBITDA Conundrum

UpdatedJune 12, 2024 Reading Time: 8 minutes

The CFO Guide Financial Statements

Financial Analysis

A CFO’s Secret Revealed to Analyzing Financial Statements

UpdatedJune 12, 2024 Reading Time: 11 minutes

Bookstore Financials

Financial Analysis

Would You Want to Be CEO for Barnes & Noble?

UpdatedJune 12, 2024 Reading Time: 3 minutes

G3CFO Exit Planning

Strategy Execution

Leaving a Business on Your Terms

UpdatedJune 12, 2024 Reading Time: 6 minutes

G3CFO Keeping Score

Financial Analysis

You Had a Great Sales Month, So What!

UpdatedJune 12, 2024 Reading Time: 7 minutes

G3CFO WAR - Wins Above Replacement

Strategy Execution

We Need Wins Above Replacement (WAR) in Small Business

UpdatedMay 2, 2024 Reading Time: 4 minutes

pwc income statements

Financial Analysis

Is Your P&L Revealing A Strategic Flaw or Poor Execution?

UpdatedJune 12, 2024 Reading Time: 1 minute

Are Those Monthly Subscription Fees Snowballing on You?

Financial Analysis

Are Those Monthly Subscription Fees Snowballing on You?

UpdatedJune 12, 2024 Reading Time: 3 minutes

Craig Walth Integrity

Strategy Execution

Integrity – I Know It When I See It

UpdatedJanuary 4, 2021 Reading Time: 3 minutes

Receivables Dashboard

Accounting

Headings on the Accounts Receivable Aging Schedule

UpdatedApril 16, 2023 Reading Time: 3 minutes

cash flow

Financial Reporting

Cash Flow Reporting Basics

UpdatedMay 2, 2024 Reading Time: 9 minutes

Can You Do This in Your Excel Budgeting Model

Financial Analysis

Can You Do This in Your Excel Budgeting Model

UpdatedJune 12, 2024 Reading Time: 2 minutes

Return on Assets

Financial Reporting

Roaming Your Way to Financial Fitness

UpdatedJanuary 4, 2021 Reading Time: 5 minutes

MBA-Students

Strategy Execution

Advice for a Talented MBA Marketing Student

UpdatedJanuary 4, 2021 Reading Time: 7 minutes

The Pinball CEO

Leadership

Are You a Pinball CEO?

UpdatedJune 12, 2024 Reading Time: 6 minutes

Intercompany Accounting

Accounting

Stressed Out Over Intercompany Billings?

UpdatedJune 12, 2024 Reading Time: 3 minutes

Is Days Sales Outstanding (DSO) Just a Financial Vanity Metric

Financial Analysis | Financial Management

Is Days Sales Outstanding (DSO) Just a Financial Vanity Metric?

UpdatedJune 12, 2024 Reading Time: 4 minutes

CFO Pipeline

Financial Reporting

Visually Displaying Your Pipeline for Revenues and Billings Under Contract

UpdatedAugust 26, 2021 Reading Time: 5 minutes

EBT Not EBIT

Financial Reporting

Don’t Include the Letter I in EBT

UpdatedJanuary 14, 2021 Reading Time: 3 minutes

Lean Six Sigma - Assembly Line

Strategy Execution

Lean Six Sigma Visually Explained

UpdatedJanuary 5, 2021 Reading Time: 9 minutes

Pro Athlete Customer Service

Strategy Execution

The Amazing Customer Service at Pro Athlete

UpdatedJanuary 30, 2025 Reading Time: 11 minutes

Decisive CEOs

Leadership

Decisiveness, My Favorite CEO Trait

UpdatedJune 12, 2024 Reading Time: 6 minutes

Jane Johnson Succession Planning

Leadership

Succession Planning Can Never Start too Soon

UpdatedJune 12, 2024 Reading Time: 4 minutes

Employee Theft

Accounting

7 Questions Regarding Employee Theft

UpdatedApril 26, 2023 Reading Time: 6 minutes

CFO Hacks to Short-Term LIBOR Notes

Banking

CFO Hacks to Short-Term LIBOR Notes

UpdatedJanuary 5, 2021 Reading Time: 3 minutes

Allan Branch of Less Accounting

Accounting

5 and a Half Questions for LessAccounting’s Allan Branch

UpdatedJanuary 1, 2021 Reading Time: 5 minutes

Selling a Business

Strategy Execution

Don’t Make These 3 Critical Mistakes When Selling Your Business

UpdatedMarch 21, 2023 Reading Time: 6 minutes

Yardstick for Bottom Line

Financial Reporting

Do You Have a Yardstick for Your Bottom Line?

UpdatedJanuary 5, 2021 Reading Time: 4 minutes

Accounting Hack for Post-Year Processing

Accounting

Post-Year Accounting Processing

UpdatedAugust 3, 2021 Reading Time: 3 minutes

Controllers, What Happens When You Blow It?

CFOs

Controllers, What Happens When You Blow It?

UpdatedJune 12, 2024 Reading Time: 7 minutes

The Piano Guys

Strategy Execution

Ten Lessons The Piano Guys Can Teach Us about Launching a Business

UpdatedJanuary 4, 2021 Reading Time: 10 minutes

audit

Accounting

Compilations, Reviews, and Audits

UpdatedMarch 7, 2023 Reading Time: 6 minutes

New ERP Solutions

Strategy Execution

When Is it Time for a New ERP System?

UpdatedFebruary 5, 2024 Reading Time: 5 minutes

Four Banking Mistakes Small Business Owners Make

Banking

Are You Making These 4 Banking Mistakes?

UpdatedFebruary 9, 2024 Reading Time: 8 minutes

New CPA Firm

Accounting

Is It Time for a New CPA Firm?

UpdatedFebruary 26, 2024 Reading Time: 8 minutes

After Selling a Business

Strategy Execution

Life After Selling a Business

UpdatedJanuary 4, 2021 Reading Time: 5 minutes

Five Minutes with a Great Project Manager

Strategy Execution

Five Minutes with a Great Project Manager

UpdatedJune 12, 2024 Reading Time: 4 minutes

5 Reasons Small Companies Stay Small

Strategy Execution

5 Reasons Small Companies Stay Small

UpdatedJanuary 4, 2021 Reading Time: 13 minutes

Likely Candidates to Buy Your Business and the 5-20 Rule

Strategy Execution

Likely Candidates to Buy Your Business and the 5-20 Rule

UpdatedJune 20, 2022 Reading Time: 4 minutes

CFO Canadian Travel Hacks

Leadership

CFO Canadian Travel Hacks

UpdatedMay 2, 2024 Reading Time: 4 minutes

Walmart Current Ratio

Financial Reporting

The Current Ratio is an Overrated Financial Measure

UpdatedFebruary 5, 2024 Reading Time: 5 minutes

Sunday Walk

Leadership

High Payback Activities Include Walking and Listening to Books

UpdatedMay 2, 2024 Reading Time: 4 minutes

Write to Give–I Admire This Giving Model

Strategy Execution

Write to Give–I Admire This Giving Model

UpdatedJanuary 4, 2021 Reading Time: 8 minutes

business meetings

Strategy Execution

The Art of Short Meetings

UpdatedJanuary 20, 2024 Reading Time: 4 minutes

EBITDA Multiple

Financial Reporting

Why Are You Focused on Your EBITDA Multiple?

UpdatedJuly 12, 2023 Reading Time: 3 minutes

Financial Statements in 3 to 5 Days

Accounting

Robust Financial Statements in 3 to 5 Days

UpdatedJune 10, 2024 Reading Time: 5 minutes

Hiring a Bookkeeper is Hard

Accounting

Hiring a Good Bookkeeper is Hard

UpdatedFebruary 29, 2024 Reading Time: 6 minutes

Stupid Business Tricks G3CFO

Strategy Execution

Stupid Business Tricks

UpdatedFebruary 4, 2024 Reading Time: 6 minutes

A Closer Look at Your Top Line

Financial Reporting

A Closer Look at Your Top Line

UpdatedFebruary 5, 2024 Reading Time: 8 minutes

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