Many people use Chief Financial Officer (“CFO”) and Controller interchangeably because they think it is the same position. It is quite possible that you've seen other businesses with CFOs and controllers who have the exact same responsibilities, but this can make things confusing. So, what is th…Read More
Virtual CFO services are becoming more and more popular from scaling small businesses. Whether they are looking for additional expertise or struggling to hire an internal CFO that can fulfill their goals, working with virtual CFO services can be an excellent option that can help small businesses acq…Read More
As a new small business owner, you have to figure out a lot of things you’ve never done before. One of them is how to create a business budget—and that can be intimidating, especially when you’re just starting out. Many small business owners will discover that after paying their business expen…Read More
Running a small business is a daunting challenge. Statistically, less than 50 percent of small businesses are still operational after five years. Globalization has increased the level of competition and introduced more turmoil to the business environment. Certain professionals such as outsourced boo…Read More
The accounting profession has gone through some major changes, and now more firms than ever are competing with each other. Small businesses and startups have many affordable options when it comes to ordinary services such as tax preparation and assistance, bookkeeping services, and management consul…Read More
Your business has been rapidly growing and it is now time to consider hiring additional figures in upper management. Perhaps your company is experiencing challenges such as an important project or unfamiliar financial terrain. If you run a startup or a small- to mid-size company, you probably can’…Read More
Small to mid-size companies gain big company insight with CFO expertise. Whether an organization is going through a growth spurt or growing pains, a part-time CFO can help develop strategic financial support for a variety of organizations. As a small business owner, you know what it’s like to perf…Read More
As businesses grow, accounting becomes more of a priority. Essentially, CFOs help organizations get the accounting structure in order, set long-range growth objectives, and navigate from here to there. They take ownership of the company’s accounting and financial reporting system and work with man…Read More
Today’s small businesses face an ever-changing and increasingly competitive business environment. A results-oriented financial strategy, properly implemented and managed, is essential to business success. In many businesses, the Chief Financial Officer oversees the management of cash flow and fina…Read More
Times are good, so start working now to make sure your small business is recession-proof. The 2008 Recession was a difficult time to be a small business owner. In fact, The Great Recession led to the collapse of many small businesses. That was just 10 years ago, and the economy is strong today. Howe…Read More
