What does negative cash flow cost you?
February 13, 2025
You know the parable of the frog? If dropped into boiling water it will immediately jump out. But if dropped into comfortable water it will
You know the parable of the frog? If dropped into boiling water it will immediately jump out. But if dropped into comfortable water it will
“The cash flow expert we hired did a 13 week cash flow forecast. He set up our software to produce it every Monday. But Susan,
An outsourcing company published their rates for 2025. They were excited to offer a wide range of outsourced services all for very “competitive” hourly rates.
“They ask about the fee and how many hours and then complain about how much per hour. That’s why I have not made any changes
“Our rates range from $60 to $200/hour” “I’m worth about $250/hour so I multiply that by three and charge $750.” “Our flat fees are a
“Our main competitors are lawyers, so we have to fight them with lower rates.” “I spend hours every week writing off time in order to
There is an objective standard that connects time worked with a specific output. Professional and B2B services firms cannot do this. Factories can do this.
Let’s say your firm, whether law, consulting, web design, marketing, accounting/bookkeeping, fractional CXO or other, bills clients for the time you work for them. In
CEO to me: “I’m looking forward to January of next year. We raise our rates every 3 years, and we can do that next year.”
Hal is an experienced CPA whose clients are business owners. During his work on their taxes (and while looking at their financials during tax return