Business owners are inundated with metrics. Here's the thing. Many of the metrics that "feel good" to focus on in the moment are invisibly causing problems for the future financial situation you actually want.
Business owners growing past +$5mil often hit a plateau, because their money mindset is stuck using basic arithmetic "revenue minus expenses" instead of the advanced calculus of big business finance.
Most business owners watch their bank balances and hope. Better bookkeeping predicts cashflows and plans for owner draws – especially the big ones:
• Vacation home down payment
• Family trip to Europe
Ready to get started? Book a complimentary bookkeeping review today.
For most business owners, bookkeeping revolves around IRS tax compliance. Better bookkeeping revolves around YOU.
Ready to get started? Book a complimentary bookkeeping review today.
Bookkeeping just to file taxes is NOT sufficient for selling your business.
In John Barnes' recent podcast interview with Michelle Blevins at C&R Magazine, he explains how business owners get hurt when their bookkeeping doesn't meet M&A standards.
Our Founder and CEO John Barnes just joined Nick Berry on The Business Owner's Journey Podcast for a discussion about why tax advice is not financial advice for business owners.
Listen now:
pendletonstreetadvisors.com/…
John Barnes was recently featured by Jill James for a discussion about company valuation, and how it impacts the decisions you make.
pendletonstreetadvisors.com/…
Dear business owner, if you want a strong company that accelerates your personal wealth – you must prioritize better bookkeeping.
Ready to get started? Book a complimentary bookkeeping review today.
We're proud to announce that our firm is now offering bookkeeping services to business owners. Why? Because bookkeeping is the bedrock to owner wealth. We believe better bookkeeping should be designed around the owner - not the IRS.
For multi-million dollar business owners, the connection between company finances and personal wealth can get very blurry. We exist to help you bridge them. We're a CFO for your business, and then a CFP for your personal life.
Thinking about valuation? Ask:
» WILL selling my business fully fund the future I want?
» WHEN will it be the right to time to sell my business?
» WHAT can I do to increase my valuation, and help ensure that selling my business someday fully funds the future I want?
Want to sell your business someday? Prioritize better bookkeeping ASAP. Clean and clear organization of your financials is the key to proving your business is worth top dollar from a buyer.
Every business owner already knows you have to "spend money to make money." Less commonly known are the underlying financial formulas that ensure the money spent on assets actually improves your cashflow, financial stability, and valuation.
pendletonstreetadvisors.com/…
Our Founder and CEO John Barnes just joined Teresa Moon from Parabilis for a discussion on financial hygiene and financial best practices for business owners.
Have a listen!
pendletonstreetadvisors.com/…
What if dialing in the financials of your business could predictably provide excellent cashflow for a great life today... but also fund your biggest most meaningful dreams in the future?
It only becomes realistic when you do the math and plan for it.
Heavy equipment company owners all know the fun of purchasing new "toys", whether it's trucks, equipment, machines, robotics, you name it.
Run the numbers, and make sure your business has a clear financial forecast in place that lets you confidently grow your fleet.
Your business demands cash to grow and scale – so it's either going to be your cash or someone else's. Whose should it be?
– Reinvest your profits?
– Debt from a bank?
– Business partners to buy in?
– Investors or Venture Capital to invest?
Hint: Run the numbers to find out.
You own a multi-million dollar business. But for you, the business owner... your personal take home wealth has gotten sporadic. You have that uneasy money feeling in your gut most nights and weekends...
Owners of asset-intensive and capital-intensive businesses need to fall madly in love with reading and understanding and tracking the Balance Sheet of their company.
The Balance Sheet tells the true story of the financial health in your business.
