Hiring a Chief Financial Officer (CFO) is a critical decision for any business. CFOs are responsible for managing the financial operations of a company and ensuring its financial stability and growth. However, not all businesses have the resources to hire a full-time CFO. This is where outsourcing a CFO can be a valuable solution. An […]
As a business owner, it’s natural to want to manage everything yourself, from the finances to the day-to-day operations. However, as your business grows, it becomes increasingly challenging to handle everything on your own, especially when it comes to the financial management of your business. As your business grows, it’s essential to have an expert […]
As a business owner, you know that managing your finances effectively is crucial to the success of your business. Whether you’re a startup or a medium-sized enterprise, having a strong financial management strategy is key to making informed decisions and staying competitive. Outsourced CFO services can provide the specialized expertise you need to improve your […]
What is financial forecasting? Why is financial forecasting important? How do I create a financial forecast for my business? Whether you’re working to build a multimillion dollar company or you just want to have a sustainable side-hustle, financial forecasting is important to the growth of your business. Financial forecasting helps you see the numbers you […]
If you’re in business, you’ve likely heard the term KPIs thrown around regularly. But what are KPIs? In this article, we explore what KPIs (key performance indicators) are, their importance, how to write them, and key examples. What are KPIs? Key performance indicators, or KPIs, are quantifiable or measurable values that are used to evaluate […]
It’s a wise practice to implement a year-end business review as a part of your end of year routine. While it’s exciting to look forward and plan for the year ahead, how will you know how to effectively create a plan if you fail to first look back at this year? Without conducting a year-end […]
Having a Chief Financial Officer, or CFO, on your team is an invaluable resource. A CFO plays a vastly different role than bookkeepers or accountants. Many business owners may find themselves asking the question, “What does a CFO actually do for your business?” This article aims to answer that question by explaining why CFOs are […]