7 financial strategy mistakes owners make include not having clear goals, not tracking spending well, or missing the moment to pivot. Owners sometimes respond late
About why businesses without financial strategies stall out. Absent rules for budgets or cash flow, leaders can overlook early indicators of trouble. Teams might not
To build a strategic plan that aligns with your cash flow means setting clear steps and goals that match the money coming in and going
Key Takeaways You should confirm that corrective actions have been fully implemented through systematic inspections and stakeholder involvement as a form of validation. Continued follow-up
Key Takeaways You can repair systemic fissures in the financial system by cultivating long-term investment, encouraging competition, and embracing responsible regulation for a more resilient
Key Takeaways Identifying the subtle symptoms of lost control is important to businesses. Adopting a step-by-step, structured approach can help business owners incrementally regain control
Key Takeaways Knowing the difference between corrective action planning and crisis management allows you to cultivate organizational resiliency and better respond to both the regularly
Key Takeaways You need a corrective action plan to get those operational problems under control, minimize compliance risks, and keep your organization on the right
By leveraging smarter cost management, better process flows, and clear value tracking. You maintain your quality and trust by selecting the appropriate equipment and properly
Cash flow forecasting provides a transparent sightline into when cash enters and leaves, allowing you to identify holes and prevent cash deficits. Budgeting demonstrates what
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.
