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Blog

Financial Management value stream

4/1/2020

1 Comment

 
I could hear the small business owner on the phone as she was fighting back tears.....
​

I have been speaking to small business owners across the US. They are all trying to get their 2019 data and submit for PPP. They need help and need it desperately. But it shouldn't be this way.

Many of these small businesses do not have a financial system. I'm not talking about software, I'm talking about the fact that many small businesses are missing a financial management value stream. For years I have heard people in my community say you only need accounting software; it's more important to have a pitch; focus on marketing and branding, but this wrong. Current events show us that in addition to dazzling marketing you need a solid understanding and respect for finances and operations. What I have attached is the financial cycle of any enterprise. We need to build strong businesses and grow well rounded entrepreneurs.

#smallbusiness #smallbusinessowner #startupnation #startupcommunity #entrepreneurs #financialmanagement #accounting #successfulbusiness
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