Ballast Group (@ballast_cfo) 's Twitter Profile
Ballast Group

@ballast_cfo

Ballast Group is a CFO service that works with companies to provide them stability to help them go beyond their horizon. We help turn numbers into knowledge.

ID: 1166792763322429440

calendar_today28-08-2019 19:21:13

25 Tweet

9 Followers

56 Following

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Don’t put your #strategicplan on the shelf to gather dust. Set waypoints to re-evaluate, and adjust course of need be. Review objectives and financials to plan with stakeholders. Put them in your calendar and stick to them. How frequently do you check in?

Don’t put your #strategicplan on the shelf to gather dust.   Set waypoints to re-evaluate, and adjust course of need be. Review objectives and financials to plan with stakeholders.  Put them in your calendar and stick to them. How frequently do you check in?
Ballast Group (@ballast_cfo) 's Twitter Profile Photo

Don’t forget the #people- they need to be able to execute on the strategy. Do you need different skills? Abilities? Attitudes? We've seen #culture both amplify and sink a great plan. Gary Vaynerchuk illustrated it best: ow.ly/8VWe30pw7ca

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Prospect: #financialoperations are lacking. Profitability is lacking; clients are too far below capacity. Us: What is a client worth? P: dunno. Us: How much do/can you pay for one? P: Dunno. P: We need your help. This is all too common. Smart people agree: ow.ly/yswn50w93Tt

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A well-planned #strategy includes how it will be funded. Does it self-fund, come from existing #workingcapital, the #budget, or does it require additional #capital? Our clients sleep well knowing the best sources of capital for their plan- did you? #financialoperations

A well-planned #strategy includes how it will be funded.  Does it self-fund, come from existing #workingcapital, the #budget, or does it require additional #capital?  Our clients sleep well knowing the best sources of capital for their plan- did you?
#financialoperations
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An otherwise successful business can be held back, or even sink, with the wrong capital structure. We can evaluate the right capital structure for your business. How are you financed? #ThinkLongTerm #Banking #NumbersIntoKnowledge

An otherwise successful business can be held back, or even sink, with the wrong capital structure. We can evaluate the right capital structure for your business. How are you financed?

#ThinkLongTerm #Banking #NumbersIntoKnowledge
Ballast Group (@ballast_cfo) 's Twitter Profile Photo

Banks, debt investors, and equity investors all want to have different conversations about your business. While they all care about the same thing – your #success – they think about it differently and use different nomenclature. Need to bridge the communication gap? #funding

Banks, debt investors, and equity investors all want to have different conversations about your business. While they all care about the same thing – your #success – they think about it differently and use different nomenclature. Need to bridge the communication gap? 
#funding
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A young company just opening its doors took an SBA loan. Fast forward 3 years, they are seasonal, stable and profitable with a healthy balance sheet. Great time to evaluate all banking needs. Can we also help you talk to banks? #SBA #Banking #ThinkLongTerm

A young company just opening its doors took an SBA loan. Fast forward 3 years, they are seasonal, stable and profitable with a healthy balance sheet.  Great time to evaluate all banking needs. Can we also help you talk to banks? #SBA #Banking #ThinkLongTerm
Ballast Group (@ballast_cfo) 's Twitter Profile Photo

Go For Debt? The best time obtain credit is when you don't need it. Too many wait until they need it, and they have to pay dearly or run out of cash. Go for debt when cash flow is good and the balance sheet is healthy. What happened the last time you went for debt? #Banking

Go For Debt? The best time obtain credit is when you don't need it. Too many wait until they need it, and they have to pay dearly or run out of cash. Go for debt when cash flow is good and the balance sheet is healthy.  What happened the last time you went for debt?

#Banking
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Have you decided raising #equity is the right way to finance your business? A well-designed and thoughtful #pitchdeck can make all the difference. We can communicate your story and metrics in a concise manner. Share your favorite pitch deck. #funding

Have you decided raising #equity is the right way to finance your business? A well-designed and thoughtful #pitchdeck can make all the difference. We can communicate your story and metrics in a concise manner.  Share your favorite pitch deck. 
#funding
B:CIVIC (@bcivic1) 's Twitter Profile Photo

How is #climatechange directly impacting the business community? Join BestforColorado at @TheAllianceCenter on Oct. 3 for a business conversation & networking opportunity on the "why" & "how" to lead the fight against climate change. Buy your tickets today: ow.ly/iQCB50w6jAM!

Ballast Group (@ballast_cfo) 's Twitter Profile Photo

Any day is a good day to give back. Any day fishing is a great day. These are better together. Headed out to Risers4Rett for the weekend. Hope you able to get outside or giveback (or both) this weekend! ow.ly/exTR50w1UiZ

Ballast Group (@ballast_cfo) 's Twitter Profile Photo

Don't Navigate Business Alone: The Invaluable Hour is time with a CPA and CFO to ask virtually anything you'd like.  The time is free and the advice is priceless. Stop by Enterprise RiNo today at 3pm. Can't make it? book a time here: ballastcfo.com/consult

Don't Navigate Business Alone: The Invaluable Hour is time with a CPA and CFO to ask virtually anything you'd like.  The time is free and the advice is priceless.  Stop by Enterprise RiNo today at 3pm.  
Can't make it?  book a time here: ballastcfo.com/consult
Ballast Group (@ballast_cfo) 's Twitter Profile Photo

It's Colorado Gives Day here, and we're focusing support on organizations that invest in youth and food insecurity. There are many great causes, what causes do you support?

It's Colorado Gives Day here, and we're focusing support on organizations that invest in youth and food insecurity.  There are many great causes, what causes do you support?
Ballast Group (@ballast_cfo) 's Twitter Profile Photo

We believe a good audit begins with monthly close. That ship has sailed for 2019. Deloitte has a great webcast to help your audit go as smooth as it can: ow.ly/uerd30q9R6P

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We’ve been talking to our clients about how to get through the #COVID19 storm. The advice we're providing may also be of use to you. You can get through the hard part in less than a day. #Clarityprovideshope #FinOps #NumbersIntoKnowlege Read more here: ballastcfo.com/insights/weath…

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Energize Colorado has created their $25M gap fund to help Colorado's small organizations that have been impacted by #COVID19. Applications open on August 31. Check it out and sign up for more info: energizecolorado.com/gap-fund/

Ballast Group (@ballast_cfo) 's Twitter Profile Photo

Woohoo! The $25M Energize Colorado Gap Fund is now accepting applications. Unlike other #COVID-19 assistance, it is not first-come-first-serve, it is a competitive process that will help those in need receive priority access to assistance. Check it out: energizecolorado.com/gap-fund/

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Banker reaching out about #PPPLoan Forgiveness? Now is not the time. The rules keep changing, so get a coffee with them but don't apply yet. There is still pending legislation to make forgiveness on loans under $150k easier, maybe automatic. ow.ly/rEE150Bg4ow

Banker reaching out about #PPPLoan Forgiveness?  Now is not the time.  The rules keep changing, so get a coffee with them but don't apply yet.  There is still pending legislation to make forgiveness on loans under $150k easier, maybe automatic.  ow.ly/rEE150Bg4ow
Ballast Group (@ballast_cfo) 's Twitter Profile Photo

The U.S. Small Business Administration has neither approved nor denied any #PPP Loan forgiveness applications. The guidance still isn't clear. It's a good time to gather info, conserve cash, and speak with your banker. #COVID You can read more here: ow.ly/UThL50BDo82