Simple CFO Blogs

Profit First Learning and Financial Facts

Why Your Business Makes Money… But You Still Feel Broke

Why Your Business Makes Money… But You Still Feel Broke

Why Your Business Makes Money… But You Still Feel BrokeDavid Richter
Published on: 14/04/2026

Most people think the problem is: I need more deals/sales/revenue. But that’s usually not the problem. Making money and keeping money are two different things. Most business owners are great at the first one. Few are good at the second.

Cash FlowProfit First
Why "Winging It" with Your Business Budget is Costing You Big Time

Why "Winging It" with Your Business Budget is Costing You Big Time

Why "Winging It" with Your Business Budget is Costing You Big TimeDavid Richter
Published on: 26/03/2025

You wouldn’t build a house without a blueprint, right? “Just start building, we’ll figure it out as we go.” You’d end up with walls in the wrong place and a budget up in flames. Yet, that’s exactly what many business owners do with their finances.

cfoCash FlowBudgeting
Why Your Bank Account is Playing Hide-and-Seek with Your Money

Why Your Bank Account is Playing Hide-and-Seek with Your Money

Why Your Bank Account is Playing Hide-and-Seek with Your MoneyDavid Richter
Published on: 06/03/2025

Is your business making good revenue but you aren't seeing any profits? Does your bank account look good one day, but empty the next? This isn't a production issue, but a cash flow management issue. The good news? We have solutions here for you!

cfoCash Flow
Struggling with Cash Flow?

Struggling with Cash Flow?

Struggling with Cash Flow?David Richter
Published on: 06/03/2025

If you're a business owner, you know the stress of watching money come in, only to see it disappear just as quickly. Sound familiar? You're not alone. Many entrepreneurs struggle with cash flow management, but there’s a better way: Profit First.

cfoCash Flow

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.