your business is like a four-legged stool. When all four legs
are the same length and sturdy, the stool works fine. You can
sit on it, use it as a stepladder, even use it to stack stuff
that you need to get to.
imagine a four-legged stool with one short leg. It will be
lopsided when you sit on it. Probably give you a scare if you
use it as
a ladder. And, oh, that stack of stuff will just keep sliding
off onto the floor.
picture that same four-legged stool but with one leg missing.
It will be a balancing act to sit, stand or even stack stuff on
it. It may stay upright for a while, but eventually you can be
assured that it will loose its balance and fall over.
business is just like that four-legged stool. You say, “What
could possibly be the correlation between a stool and my
Well, just like a four-legged stool, a business has 4 key functions:
Sales, Operations, Administration, and Finances.
business owners are born salespeopleready to hit the road
in search of that next prospect, client and big sale. Others are
great technicians. They know their product or service like the
back of their hand. Very few business owners come to the table
with the financial management tools needed to meet the demands
of their business. (Unless they are an accountant, of course.)
what happens in the end? The salesperson has a strong sales
leg, the technician has a strong operations leg, the administrative
person has a strong back office leg, but none has a strong
finance leg. For some, the business will
year-in and year-out without a strong finance leg. For others,
the finance leg is missing and the business will eventually
Either way a short or missing fourth leg is a recipe for disaster.
would like to become that financial leg in the success of your
business. At BYB, our services
range from helping you setup and use accounting software to outsourcing
your bookkeeping and controllership services to us. And we use
multiple layers of security to ensure the privacy of all financial
us today for a no-nonsense discussion on what ails you in
the quest for financial independence that your business should