1. Financial Statement Preparation: The Income Statement

    Financial Statement Preparation: The Income Statement

    When you’re running a business, your income statement should be the financial statement you’re most familiar with. You use an income statement to track revenues and expenses so that you can determine the operating performance of your business over a period of time. Small business owners use thes…Read More

  2. Should Your Small Business Hire a Contract Controller or CFO?

    Should Your Small Business Hire a Contract Controller or CFO?

    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

  3. 4 Areas of Your Small Business A Part-Time CFO can Assist

    As businesses expand and become more dynamic, the need for a senior-level financial expert such as a part-time CFO becomes critical. Companies are faced with more complex financial decisions and can benefit from a part-time CFO’s expertise to help them navigate the path to achieving their strategi…Read More

  4. 4 Red Flags Your Business Needs a Part-Time CFO

    4 Red Flags Your Business Needs a Part-Time CFO

    Running a small business can be extremely challenging. Often times, entrepreneurs don’t have the accounting or financial background necessary to manage small business finances. As your small business begins to grow, it is essential you understand your small business financials and are able to reco…Read More

  5. Top Reasons Your Startup Should Partner with Outsourced Controller Services

    Top Reasons Your Startup Should Partner with Outsourced Controller Services

    Running a startup involves lots of complexities. Many of the startups fail in the first few years of their inception. Young entrepreneurs tend to make mistakes such as improper management, lack of knowledge of all domains, especially non-core activities, and poor market analysis. Despite working for…Read More

  6. What Makes Virtual CFO Services Possible?

    What Makes Virtual CFO Services Possible?

    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

  7. When Should Your Small Business Hire a Financial Controller

    When Should your Small Business Hire a Financial Controller

    Small business owners often get by with various members of the organization completing your financial and accounting tasks. As your small business grows, there will come a time when owners need to address the issue of when to hire a company financial controller. While bookkeepers and accounting mana…Read More

  8. An Outsourced Controllers Can Do These 6 Things for Your Small Business

    When you are a business owner, there are many moving pieces to your small business. Hopefully, your small business is thriving and revenue is coming in. However, amongst all the growth, there are questions about your future. You find yourself wondering what to do about financial decisions like are y…Read More

  9. How CFO Services can Improve Your Cash Management

    How CFO Services can Improve Your Cash Management

    For small business owners, cash flow problems are a common and dangerous threat to the survival of their companies. Start-up businesses often find themselves short of cash right off the mark. Cash is the single most important element of survival for a small business, however, small businesses often …Read More

  10. 3 Professionals to Hire to Help Your Small Business Grow

    3 Professionals to Hire to Help Your Small Business Grow

    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