As a business owner, you’re constantly striving to make informed decisions that will drive your company’s success. But how can you know if you’re making the right choices? That’s where tracking KPIs, or key performance indicators, comes in. By selecting the right KPIs, setting targets, and monitoring your business’s progress, you can gain valuable insights […]
Creating and implementing a budgeting process is one of the most important practices you can have in your business. Yet a surprising number of businesses do not have a formally documented budgeting process in place. Even though it’s an essential component of the financial success of your business, the budgeting process can be stressful for […]
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 […]
Outsourced CFOs (also called fractional CFOs or external CFOs), are becoming increasingly popular within the business world. Hiring an outsourced CFO for your business has a number of distinct benefits. This article discusses the benefits of an outsourced CFO and what you can expect when working with an outsourced CFO. Outsourced CFO vs. Full-Time CFO […]
Conducting a mid-year review of your business gives you an opportunity to objectively assess the current state of your business and implement any necessary changes. And now that Q2 is coming to an end, it is the time to prepare for and conduct your business’ mid-year review. There are numerous benefits to conducting a mid-year […]
With the end of Q2 quickly approaching, now is the time to conduct a mid-year business review. Conducting a mid-year review for your business is highly beneficial because you’re able to objectively assess the progress of your business and have time to implement necessary changes for strong performance the second half of the year. Having […]