Landing the Inc. 5000 List
Inflammo is proud to be named to the 2024 Inc. 5000 list, celebrating the fastest-growing private companies in the U.S. For the second time in three years, Inflammo has earned this honor by supporting nonprofits and startups through financial expertise. In this post, we share key factors that drive accelerated growth, including cash flow management, scalability, and data-driven decisions.
Your Secret Weapon to Better Cash Flow: The Days Sales Outstanding Ratio
Cash flow is essential for startup survival, and one key metric to watch is Days Sales Outstanding (DSO). DSO measures how quickly your business gets paid for services rendered, directly affecting your cash position. In this post, we explain how to calculate DSO, why it matters, and four actionable ways to optimize it, helping improve your cash flow and reduce the risk of failure.
Valuation Made Simple: How to Determine Your Company’s Value
Knowing the value of your business is essential for fundraising, making key decisions, or preparing for a transaction. In this post, we outline three steps to help you stay on top of your business’s value: finding the price tag of similar companies, maintaining a Last Twelve Months (LTM) financial analysis, and connecting with brokers. These steps will not only keep you informed but also improve your transaction readiness and help you seize opportunities for growth.
The Secret to Simplifying When You Migrate Accounting Systems
As your business grows, outgrowing your current accounting system is inevitable. Migrating to a more robust, cloud-based solution can boost your efficiency, save time, and improve data-driven decision-making. In this post, we cover the ideal timing for migration—such as year-end or early in the year—and steps to ensure your readiness. With Inflammo’s expert guidance, you’ll transition smoothly and unlock your new system’s full potential without the hassle.
The Mantra for Better Monthly Financial Reporting
Monthly financial reporting shouldn’t just be about numbers—it’s about telling a story. Too often, businesses settle for the basics: revenue, EBITDA, and cash balances. But at Inflammo, we believe there’s more to financials. We encourage finance professionals to adopt our “I CARE” approach: Compare, Analyze, Research, and Explain. This method helps you go beyond standard reporting, empowering leadership with deeper insights for informed business decisions.
Transaction Readiness: Preparing Today to be Your Best Tomorrow
Selling your business can be overwhelming, but preparation is key. Much like prepping a home for sale, businesses need to ensure their financials and future growth plans are in order. In this post, we outline five steps to fast-track transaction readiness, from organizing three years of financials to building a 12–36 month financial plan. Don’t wait until it’s too late—prepare now to maximize value when that buyer comes knocking.
The Path to Growth: Your Financial Game Plan
Without a clear financial game plan, growing your business is like climbing a mountain without water. Start by assessing your current financial position, considering revenue, margins, and cash flow. From there, define your desired position, set measurable goals, and determine the resources needed to achieve them. Don’t forget to bring in your team for input and alignment. At Inflammo, we help businesses develop robust financial strategies to accelerate growth and success. Ready to start your plan?
The War for Talent: It's Time to Capture the Heart
In today’s competitive talent landscape, your best recruitment strategy may be employee retention. Dr. Jim Harris’ five principles, including Capture the Heart, remind us that empathy is essential to engaging and retaining your team. By fostering open communication, creating partnerships, and driving learning, you can build a culture where employees feel valued. Empathy, especially through tools like the Enneagram, helps leaders understand their team’s perspectives, making it possible to retain top talent.
When the Macro Calls for the Micro
Inflammo is expanding beyond accounting and finance services with the launch of Rise by Inflammo, offering leadership development and employee coaching. As the workplace evolves, businesses must prioritize both the numbers and their people. Rise is designed to help companies foster employee well-being, retain top talent, and create meaningful growth by emphasizing empathy, emotional intelligence, and connection. By focusing on both the macro (business environment shifts) and the micro (people and relationships), Rise accelerates team and leadership growth, paving the way for success.
Highlights from the PPP Flexibility Act
The Paycheck Protection Program Flexibility Act introduces vital updates for PPP borrowers, including extended loan forgiveness periods, adjustments to payroll vs. non-payroll cost ratios, and new safe harbors for wage and FTE reductions. The Act also provides flexibility for loan repayment and payroll tax deferrals. These changes aim to help businesses navigate financial challenges during COVID-19 recovery. Learn more about how these updates could benefit your organization.