Outsourced Bookkeeping: Why Your Bookkeeper’s Exit is an Opportunity
Have you ever thought you need more informative financial reporting from your bookkeeper but competing priorities stood in the way of making a change? Have you ever used the departure of an employee as an opportunity to upgrade to a better resource? You’re in good company if you answered both questions in the affirmative.
5 Most Popular CFO Advisory Service Insights & Deliverables
Let’s face it, the vast majority of small business CEOs and nonprofit executive directors are flying blind when it comes to having sound, data driven insights upon which they can base their decisions. For a variety of reasons, the finance functions in these organizations just don’t produce insightful reporting their leaders can lean on. Instead, […]
A Successful Capital Raise Starts with Your Financial Story
So your organization has reached the point where you need to initiate a capital raise. Maybe you’ve dialed in your business model and it’s time to scale. Or perhaps you’ve quantified your nonprofit’s operating deficit and need to bridge the gap. Whatever the reason and regardless of whether you’re raising equity, debt or charitable donations, raising […]
5 Steps to Prepare Your Business Plan for Next Year
Large firms have the finance staff and business intelligence tools to inform their decision making and provide a competitive edge. Here are 5 simple, cost-effective steps to level the playing field for your small business, for 2018 and beyond.
What To Expect From Shared CFO Services
Your small business has reached the point where you’re considering shared CFO services – otherwise known as fractional, part-time or contract CFO services. The decision to bring in the right financial leadership is a milestone unto itself as many small business owners pay dearly for waiting too long to convert their finance function into a […]
How Big Does My Company Need To Be To Contract CFO Services?
Before selecting an outsourced CFO service, companies must weigh the pros and cons. How long does it take for the business to get a positive ROI? How big does the company need to be to experience all the great benefits that a contract CFO service will provide?
Mud Season is the Perfect Time to Build Profits. Really.
Last weekend, I took my retriever, Fletch, for a run in the woods and found myself post-holing through the snow. With every stride, I sank ankle deep into the soft snow, slowing me to a crawl as the mud below tried to suck the shoes from my feet. It’s that time again—not enough snow for […]
CFO Services For Startups Under Financial Stress
Much has been written (and spoken) about navigating the winding road to startup success. So much so that it’s hard to know which resources to trust and when each should be tapped. It’s also not trivial to find resources that truly align with your industry and stage of growth, let alone the unique set of […]
When Temporary CFO Services Might Not Be Right For You
Sooner or later, circumstances lead many small business owners to consider engaging a temporary CFO. When you find yourself in that mode, you might wonder, is now the right time to engage a CFO? What is the opportunity cost of waiting to hire one? Is a temporary finance leader the way to go? If not, […]
The Outsourced CFO Services Buyer’s Guide
The massive move of data and systems to the cloud over the last few years is enabling many small businesses and non-profits to “go lean” while simultaneously driving business growth. These organizations now depend on remote 3rd-parties for activities which used to be performed in-house.