Category Archives: Budgeting

Get Ready for the Post-COVID-19 Business Reality

Accounting Brand Budgeting Business Management Cash flow Consulting Financial forecast Financing Leadership Legal Marketing Profit Strategies

By Rolf Neuweiler 03-28-2021

Digital Transformation Post COVID-19 in the business world will see continued changes in digital transformation, DTC, platform model, brand building and digital marketing. Get Ready for the Post-COVID-19 Business Reality As more and more people are getting vaccinated in the US, and offices are starting to reopen beginning of this summer in 2021, it is […]

Revenue - profit = expense: Use “Profit First” Principles for Businesses during COVID19 and After. Rolf Neuweiler, consulting CFO, principal at www.a2zCFO.com

Revenue – Profit = Expense: Use “Profit First” Principles for Businesses During COVID19 and After

Accounting Budgeting Business Management Cash flow CFO Consulting Financial forecast Financial Statements Profit

By Rolf Neuweiler 10-01-2020

This article is based on the book “Profit First”, by Mike Michalowicz, and a presentation by Gabriel Dutari about applying the Profit First principles (https://www.youtube.com/watch?v=a1XzaaJBmRQ&feature=youtu.be) About 99% new businesses are started not by financial experts, but by specialists or technicians such as engineers, architects, lawyers, chefs, artists, who are very good at what they do, […]

An illustration of economic ups and down during COVID-19, used for "Budgeting and Financial Forecasting during COVID-19", written by Rolf Neuweiler, www.a2zCFO.com

Budgeting and Financial Forecasting During COVID-19

Budgeting Business Management Cash flow Financial forecast

By Rolf Neuweiler 08-30-2020

COVID-19 is changing the macroeconomic climates as well as impacting individual entities. Your annual, quarterly and monthly budgets and financial forecast during this uncertain time has become a moving target, as the economy shuts down, reopens, and recovers. Since April, 2020, we have experienced business shutdown, PPP and EIDL loans, and undoubtedly more uncertainties for […]

(hand and its index finger on keyboard) Article on cloud-based systems for business accounting, especially during COVID-19, Rolf Neuweiler, A2ZCFO.

A Cloud-based system can improve accounting operation

Accounting Budgeting Business Management CFO Financial forecast Financial Statements

By Rolf Neuweiler 07-29-2020

Covid-19 has forced many businesses to conduct daily operations online, including accounting and finance. A cloud based system can improve collaboration and efficiencies in financial and accounting consolidation, reporting and teamwork. There are different types of subscription-based Software as a Service (SaaS) for accounting, such as QuickBooks Online, SlickPie, Sage 50, Zero and Kashoo. A […]

(Benjamin-Franklin-on-a-dollar-bill-wearing-a-mask) Covid-19_business-owners-need-to-change-financial-budget-and-business-plan Rolf Neuweiler, A2ZCFO.

A Crisis Calls for Changing Financial Budget and Business Plans

Accounting Budgeting Business Management Cash flow Debt & Loan Management Financial forecast Financing Strategies

By Rolf Neuweiler 04-28-2020

The world today is very different than it was 6 weeks ago. Before the Covid-19 lockdown, the U.S. economy was strong, the bull market was high, and unemployment was low. As our economy is slowly and gradually opening up, we are facing unprecedented unemployment, business closures, large numbers of people working from home, and many […]

CAC, LTV, & LTV ratios measure recurring revenue business models' scalability, consulting CFO for small businesses. Rolf Neuweiler, A2ZCFO. (image: signing)

Customer Acquisition Cost (CAC) and Customer Lifetime Value (CLV) – Part 1 of 2

Accounting Budgeting Business Management CFO Financial forecast Profit margin Strategies

By Rolf Neuweiler 02-28-2020

The CAC metric and other related metrics of CLV and CLV to CAC ratio are used to measure companies’ internal operation and investment in marketing and sales, as well as by investors to assess scalability of recurring revenue business models, especially fast growing internet companies such as subscription-based SaaS companies and e-commerce, web-driven businesses. The […]

Consulting CFO for small businesses Rolf Neuweiler, A2ZCFO, discusses annual budgets, and how budgeting contributes to overall plan (image: reviewing documents)

Annual Budgets

Accounting Budgeting Business Management Cash flow CFO Consulting Financial forecast Strategies

By Rolf Neuweiler 01-30-2020

As 2020 is unfolding, businesses are budgeting for the entire year. The budget process is more than predicting costs and profits. It is about planning ahead for all scenarios in case sales goals go up, down or remain the same. The importance of having an annual budget Careful budgeting gives a realistic picture about how […]

Part 2 of 2: FINANCIAL & MANAGEMENT PITFALLS FOR A GROWING SMALL BUSINESS

Brand Budgeting Business Management CFO Consulting Financial forecast Insurance Legal Strategies Taxes

By Rolf Neuweiler 02-21-2019

In January 2019, I talked about financial and management pitfalls for growing small businesses at a professional networking group meeting. Last month in Part 1 of the two parts, we first focused on potential pitfalls related to lacking strategic goals and skills. Here in Part 2 I am listing some pitfalls related to leadership, internal […]

Good bookkeeping & accounting practices help avoid financial and management pitfalls for a growing small business, Rolf Neuweiler, A2ZCFO (image: money pitfall)

Financial and Management Pitfalls for a Growing Small Business – Part 1 of 2

Accounting Budgeting Business Management Cash flow CFO Consulting Debt & Loan Management Financial forecast Financial Statements Financing Line of credit Loans Profit margin Strategies Taxes

By Rolf Neuweiler 01-29-2019

Part 1 of 2: PITFALLS FOR A GROWING SMALL BUSINESS In January 2019, I talked about financial and management pitfalls for growing small businesses at a professional networking group meeting. Here in Part 1 of the two parts, we first focus on each potential pitfall related to lacking strategic goals and skills. In Part 2 […]

Cash flow can be mitigated with finance solutions, lines of credit, & non-financing improvement of management systems. Rolf Neuweiler, A2ZCFO (image:chalkboard)

Cash Flow Problems and Solutions for Startups and Small Businesses (3rd of 3 parts)

Accounting Budgeting Business Management Cash flow CFO Consulting Debt & Loan Management Financial forecast Financing Line of credit Loans Profit margin Strategies

By Rolf Neuweiler 10-27-2018

This is the last of three parts about cash flow problems and solutions for small businesses. In Parts 1 and Part 2, we discussed seven preventive strategies for all businesses: 1.) Get accounting books organized. 2.) Use a cash-flow budget. 3.) Get customers to pay quickly. 4.) Rein-in unnecessary spending and stay alert to potential […]

Cash flow can be mitigated with finance solutions, lines of credit, & non-financing improvement of management systems. Rolf Neuweiler, A2ZCFO (image:chalkboard)

Cash Flow Problems and Solutions for Startups and Small Businesses (2nd of 3 parts)

Accounting Budgeting Business Management Cash flow CFO Consulting Debt & Loan Management Financial forecast Profit margin Strategies

By Rolf Neuweiler 10-02-2018

This is the second of three blogs about cash flow problems and solutions, particularly relevant to startups, and also for small businesses. In Part 1, we discussed the first three of seven preventive strategies for all businesses: 1.) Get accounting books organized. 2.) Use a cash-flow budget. 3.) Get customers to pay quickly. Here in […]

Cash flow can be mitigated with finance solutions, lines of credit, & non-financing improvement of management systems. Rolf Neuweiler, A2ZCFO (image:chalkboard)

Cash Flow Problems and Solutions for Startups and Small Businesses (1st of 3 parts)

Accounting Budgeting Business Management Cash flow CFO Consulting Financial forecast Profit margin Strategies

By Rolf Neuweiler 09-02-2018

This is the first of three blogs about cash flow problems and solutions for small businesses. Cash flow management is key for a small business to succeed About 82 percent of startups and small businesses fail due to poor cash flow management. Businesses experience cash flow problems when they cannot timely pay employee salaries and/or […]

Good bookkeeping & accounting practices help avoid financial and management pitfalls for a growing small business, Rolf Neuweiler, A2ZCFO (image: money pitfall)

Common Accounting Pitfalls for Small Businesses

Accounting Budgeting Business Management Cash flow CFO Debt & Loan Management Financial forecast Profit margin Strategies

By Rolf Neuweiler 07-24-2018

Common Accounting Pitfalls & Solutions for Small Businesses About 28 percent of companies go bankrupt due to problems with a company’s financial structure, according to a study undertaken by the Small Business Administration. Good bookkeeping and accounting practices not only can avoid many problems to make it easy for tax filings, new loans, and pitching […]

Personal finance budgeting is a healthy habit to establish credit & achieve financial accountable. Rolf Neuweiler A2ZCFO (image: financial accounting goals)

Personal financial budgeting

Accounting Budgeting Consulting Credit history Financial Statements Strategies Taxes Uncategorized

By Rolf Neuweiler 06-06-2018

We all have heard these: “Money doesn’t grow on trees.” “Save money for a rainy day.” “Failing to plan is planning to fail.” However, about ⅔ of Americans do not budget. Many live paycheck to paycheck. Financial stress often spills into relationships and family life. Budgeting is about intentional spending and mindful living. Budgeting […]

Budgeting for businesses & non profit organizations include capital, cash flow, & operating budgets. Rolf Neuweiler A2ZCFO (image: budgeting tools, calculator)

Three Types of Budgeting for Businesses

Accounting Budgeting Business Management CFO Consulting Financial Statements Strategies

By Rolf Neuweiler 04-26-2018

Failing to plan is planning to fail, that is why budgeting can help a business achieve financial success, predict profitability, provide a model for performance, formulate plans and strategies, and forecast income and expenditures. Planning and Forecasting A budget provides insight into a company’s financial position for the near future. A budget is a tool […]