Taking the Leap: When to Go All-In
When a startup idea is buzzing around your brain, it can keep you up at night, fuel your conversations, and whisper sweet nothings of...
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Choosing NetSuite
NetSuite was my bread and butter for a good bit of my time in consulting, but I don't talk about it much these days, because my clients...
Who should start a business?
Hot take: Everyone is capable of running a business. You just have to want it bad enough... And turn that want into diligence and action....
Being Responsive to your Bookkeeper
My biggest piece of advice to get the most from your bookkeeping relationship? Pay attention and be responsive. If your books aren't...
Why Accrual-Basis Books?
Using the accrual basis helps your financials tell a logical story. "Cash basis" is easier, but the story won't make sense. Like the Big...
Tracking Per-Unit Costs
Track your per-unit costs. Relentlessly. Think about a construction project: It's always twice the time⏲ And twice the money 💸 you...
Inventory System Costing
Could you integrate your inventory system for better insights? Many inventory management systems connect to QBO (QuickBooks Online)...
Emerging CPG Basic Pillars
How do you order the basic pillars of business in emerging CPG? 1. Product (make something, get feedback, iterate) 2. Sales (tell people,...
Least Important for a Tiny Startup
Hot take (for a CPA): Accounting and finance is the least important aspect of a tiny startup. I've talked about the basic pillars before:...
DIY Financial Models
CPG Founder need to DIY your financial model? It's great to have help, but if you: - want to play with your numbers - have financial...
Partnership or Kickback?
"Sign up for our partnership and get a bonus for each client!" I have had more offers for partnerships than I can count in my short time...
Do you Look before you Leap?
Do you look or leap first? According to brain science, we make decisions based on emotion. But which emotions lead the way for you? Fear?...
What does growth mean to me?
Must growth mean... 100x sales? 🦄 Tripling headcount? Hundreds of thousands invested in an ERP? Absolutely not. Growth is one of my core...
Founder Pay - How Much?
How much should CPG founders pay themselves? There are lots of opinions here, but here's mine: Cash is oxygen for your business. You need...
Accounting Controls
I worked as a Fractional Controller, but I don't have systematic controls in my own business. Why? I'm "it". I control everything - the...
The Non-Failure of Jon deBary
The story of Proteau and John deBary is tragic, but not for the reasons you might think. Having investors decide to stop funding you...
Daily Accountability
This is the easiest way I've found to hold myself accountable and feel satisfied with my day: I have a planner, but I don't write down...
4 Best Practices for Global Talent
1. They are part of your team. Give them challenging tasks, ask for their opinion, and include them in plans and calls. (You might have...
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