Author Archives: Jerry Mills

Jerry Mills

About Jerry Mills

Jerry L. Mills, CPA, founded B2B CFO in 1987 and currently serves as the CEO of B2B CFO. B2B CFO is the nation's largest CFO-for-hire firm with more than 200 partners in 40 states working with more than 800 small business owners in North America.

6 Steps to Selling Your Business

Selling the Company

If you’re a typical small business owner, you spend more of your time working on today’s issues than tomorrow’s potential. That may keep the doors open for now, but what about when you’re ready to retire, or no longer have the will or energy to run your business? As mid to large businesses grow, owners… Read More →

Do You Sleep With Your Smartphone? Give Predictable Time Off A Try

Predictable Time Off Helps Prevent Working Off The Clock
December 10, 2012 by in Columnist Spotlight | Finance | Workforce

I am always on the lookout for “brain food” — seminars, podcasts or articles on subjects of interest to me. One of my regular haunts is the Harvard Business School (HBS) Working Knowledge blog distributed weekly by HBS. You don’t need to be an HBS alum to subscribe, and I highly recommend it. A recent… Read More →

A Guide To Applying For A Bank Loan

A Guide to Applying for a Bank Loan
October 8, 2012 by in Columnist Spotlight | Finance

Every business at some point will require outside financing; his generally means obtaining some form of bank loan. For many, this turns out to be a very aggravating and frustrating process. You may be financing a new business or simply be in need of seasonal financing, but proper planning will substantially enhance your chances of… Read More →

Ways To Boost Financial Performance In Face Of Economic Uncertainty

Ways to Boost Financial Performance in Face of Economic Uncertainty
September 13, 2012 by in Columnist Spotlight | Economy | Finance

Here we are in a challenging economic environment that spans almost every industry. Every day we are reminded of this with still high unemployment rates, less than hoped for corporate financial results, bankruptcies and foreclosures, low consumer confidence, etc. With this news constantly put before us, I frequently hear from business colleagues that it isn’t… Read More →

Increasing Cash Flow, Becoming A Debt-Free Company

Increase Cash Flow, Reduct Debt
September 4, 2012 by in Columnist Spotlight | Finance

How much debt financing is right for a business? In today’s low-cost money environment, the “easy” answer might be “as much as you need” because it is inexpensive (depending on a company’s financial situation). However, the credit environment has tightened significantly during the past two years because of the stress that has been placed on… Read More →

5 Common Small Business Challenges

5 Common Small Business Challenges

In working with small, growing entrepreneurial businesses, I have discovered several common financial-related issues with which they struggle. When I first start working with these businesses, most if not all of these issues exist. All of them are critical to their success in managing and growing their businesses. The good news is that with time… Read More →

6 Steps To Selling Your Business

selling your business

Don’t ignore one of the most vital elements of your business plan, the exit strategy. Here are key business practices for selling your business. If you’re a typical small business owner, you spend more of your time working on today’s issues than tomorrow’s potential. That may keep the doors open for now, but what about… Read More →

The 5 C’s of Credit: 
What Do They Mean To Your Small Business Loan?

5 C's of Credit

One of the most common questions among small business owners seeking financing is: “What will the bank look for from me and my business?” While every bank has its own unique criteria, many use some variation of the five C’s of credit when making credit decisions. Broadly speaking, they are: Character Cash flow Collateral Capitalization… Read More →

Common Issues That May Affect The Cash Flow Of The Business

Cash flow
April 12, 2012 by in Columnist Spotlight | Finance

Do you know where your cash is? Common issues that may affect the cash flow of the business. Have you ever asked yourself the question, “I am making a profit, but I don’t know where the cash is?” Many business owners tend to manage their business strictly from the income statement. An income statement is… Read More →

How’s Your Business Doing? Check Your Financial Statements

Financial Statements
March 14, 2012 by in Columnist Spotlight | Finance

Curious to know how your business is doing, financially? Look at your financial statements; here’s how. You’re the owner of your business. You know how to sell; you know how to make your product; a you know how to find opportunities that will make your business grow. But do you know how to determine if… Read More →

Five Ways To Get More Cash From Your Business

Get more cash
February 12, 2012 by in Columnist Spotlight | Finance | Lists

As CEO of B2B CFO®, I regularly talk about our motto which is, “Cash. We help you get it®”. When talking about how we help our clients get more cash, I find that there is generally a misconception. Most people think that there are only two ways to get more cash: the first one being… Read More →

Employee Theft: Is It Happening To You?

Employee Theft
January 12, 2012 by in Columnist Spotlight | Finance

Employee theft is rampant in small to mid-sized businesses. It never ceases to astound people that a trusted employee could steal from you. It angers you and makes you sad, but it is happening every day. Large amounts are being stolen from businesses both small and large. After the Enron debacle, Congress passed the Sarbanes-Oxley… Read More →