A business can generate strong revenue and still struggle to produce healthy profits. High sales numbers do not necessarily indicate that a company is operating
Business costs rarely become a problem overnight. In many cases, excessive spending develops gradually through small increases in payroll, subscriptions, supplier prices, overhead, inventory, and
Cost data is more than a record of what a business spends. When analyzed correctly, it can reveal how efficiently an organization uses its people,
Setting prices is one of the most important financial decisions a business makes because pricing directly affects revenue, profitability, cash flow, and long-term sustainability. A
Long-term business stability is not achieved simply by reducing expenses. While cutting unnecessary spending can improve margins in the short term, aggressive cost-cutting can also
With 27 years of experience, Joel S. Smith, CPA helps business owners make sense of their finances and drive profitability. A UC Berkeley grad with a Master’s in Taxation, he’s a Certified Public Accountant (CPA) and Certified Management Accountant (CMA).
Joel has worked across industries like real estate, construction, and professional services. As a member of the CFO Project, he provides business owners with the clarity and strategy they need to grow.
