Simple CFO Blogs

Profit First Learning and Financial Facts

A Downturn May Not Kill Your Business—But Being Unprepared Can

A Downturn May Not Kill Your Business—But Being Unprepared Can

A Downturn May Not Kill Your Business—But Being Unprepared CanDavid Richter
Published on: 23/09/2026

It is easy to blame the downturn. But a downturn does not always destroy a business. The real problem is that the business was not ready for one. Here is the hard question: If your income dropped next month, how long could your business survive?

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Leverage Can Grow Your Business—or Quietly Destroy It

Leverage Can Grow Your Business—or Quietly Destroy It

Leverage Can Grow Your Business—or Quietly Destroy ItDavid Richter
Published on: 16/09/2026

Debt can help you buy properties, acquire equipment, hire employees, and expand your business. But if you do not have a system for keeping cash and producing profit, leverage may help you grow faster while leaving you financially weaker.

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The Financial Conversation Most Business Owners Avoid

The Financial Conversation Most Business Owners Avoid

The Financial Conversation Most Business Owners AvoidDavid Richter
Published on: 09/09/2026

A strong relationship with a CFO can help you understand what is actually happening, and make better decisions. But that relationship works best when you know what to expect—and what both sides need to bring to the table.

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Stop Living Deal to Deal

Stop Living Deal to Deal

Stop Living Deal to DealDavid Richter
Published on: 03/09/2026

Many real estate investors live deal to deal without realizing it. They generate plenty of revenue, but never build lasting financial security.That is not financial freedom. It is a stressful cycle that keeps the business in crisis mode.

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Darrin Carr

David and the team at Simple CFO Solutions are a top notch organization that simply put - creates profitable results efficiently. They put in place new systems, train staff, transition companies to better systems, and help make companies accountable for finance. This team handles complex and unique situations with ease, and are extremely accessible and responsive. HIGHLY recommended.

Joey English

David Richter changed our business, and my life. David came in in a very low time, cleaned our books up, taught me how to start planning like a business owner and stop flying by the seat of my pants, and then taught us how to implement Profit First. And it was amazing. He helped me gain control of our numbers, and get in control of our business. And I grateful for what he did for us.

Alex Wentland

I've been using Simple CFO for 4 or 5 years now. We buy about 100 off-market properties a year and then do another 30 to 50 traditional listings. They helped me understand what I should be looking at from a financial perspective, and track the right numbers for me to be able to operate my business as a CEO. I get a really nice dashboard to know the health of my company that we review with my CFO every month. I couldn't imagine running the business without them honestly anymore.

Thomas Krazinski

David and the team at Simple CFO Solutions have made a big impact on our real estate investing business (flipping, wholesaling, and buy & holds). They put in new systems, trained our bookkeeper on them, transitioned us to QuickBooks, and for the first time made us accountable for our finances. The team handled our complex and unique situations with ease, and were extremely accessible and responsive. I would highly recommend them to any real estate investor looking to get a better handle on their financials.