Simple CFO Blogs

Profit First Learning and Financial Facts

Tired of Chasing Payments? Here’s How to Get Paid Faster

Tired of Chasing Payments? Here’s How to Get Paid Faster

Tired of Chasing Payments? Here’s How to Get Paid FasterDavid Richter
Published on: 05/06/2025

You finish the job. You send the invoice. And then – nothing. Most service-based businesses don’t go broke because they aren’t making money. It's because their clients aren't paying their past due invoices fast enough, creating a cash flow disaster

cfoCash FlowBudgeting
Solving the Capital Crunch for Growing Service Businesses

Solving the Capital Crunch for Growing Service Businesses

Solving the Capital Crunch for Growing Service BusinessesDavid Richter
Published on: 01/05/2025

For service businesses, growth isn’t just about ambition. It’s about resources. To scale operations, purchase equipment, or move into new markets, businesses need capital. But for many, accessing that capital is easier said than done.

cfoCash FlowBudgeting
Stop the Cash Flow Roller Coaster

Stop the Cash Flow Roller Coaster

Stop the Cash Flow Roller CoasterDavid Richter
Published on: 17/04/2025

Are your business finances always going up, coming down, up, down, up, down? Tired of the cash flow roller coaster? We discuss how you can use a fractional CFO to change that, put in a financial plan, and end the up down cash flow cycle.

cfoCash FlowBudgeting
Your Books Are A Mess –
And It's Costing You BIG TIME

Your Books Are A Mess – And It's Costing You BIG TIME

Your Books Are A Mess –
And It's Costing You BIG TIMEDavid Richter
Published on: 02/04/2025

A lot of business owners treat bookkeeping like a necessary evil – something they ignore until they absolutely have to deal with it. But bad bookkeeping is one of the fastest ways to lose money, overpay on taxes, and run into cash flow nightmares.

cfoCash FlowBudgetingDebt

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.