How to Determine if you need a CFO
As a small business owner, you’re undoubtedly finding out firsthand that there are a number of financial milestones that you’re not certain that you know how to recognize. One of them is how to determine if you need a CFO. There are a number of signs to help you decide but first, you might need […]
Do I need a CFO, Controller or Bookkeeper?
When a business gets to be a certain size, it’s usually time to hire a bookkeeper, controller or CFO. Which should you choose or do you need all three of them? We’re going to explore what each one does and help you to get a better grasp on the answer to that all-important question. You […]
Sample Monthly Accounting Checklist for a CFO
Did you know that the CFOs of today are business intelligence sources but also risk management experts? They really have to be since they need to be ready for providing an instant reply to practically any question posed to them by their CEO regarding business performance. Checklist Sample That’s why savvy CFOs have monthly accounting […]
3 Common Questions About Outsourcing
In this episode, we put together the most common questions we’ve got about outsourcing. Check out this video and see why outsourcing is a better way for a growing small business once and for all. To give you a better picture of how it works and how it can take your small business to next […]
How to analyze CFO rates, proposals and engagement letters
If you’re a business owner, then every single day you’re faced with important issues that you have to deal with. Because you’re so busy, handling your company’s finances can be a handful. You’ve been working hard to grow your business and now it’s big enough to need a CFO. All you need to do now […]
How to Deal with Late Payment Invoices Problems
Have you ever received calls from your vendor that request you to pay them ASAP? If so, you are not alone. In fact, you may be surprised at how often it happens among businesses whether you’re running a $1M or $10M business. In this episode, we share why it is always a bad idea to […]
Outsourcing Accounting Pros and Cons
Just like with everything else in business, the practice of outsourcing accounting has its pros and cons. If you’re a business owner, you could be ready for an in-house accountant but just can’t quite afford one that works in-house. Full-time accounting departments can be beyond many business budgets whereas outsourced accounting could be the answer. […]
Outsourced CFO versus in-house CFO
As any business grows, business owners start asking themselves when they’ll need a CFO. Sound familiar? You might be thinking these same thoughts right now. According to Forbes.com, the answer to this question lies in whether you have a firm grip on all of the financial info necessary for making important financial decisions without the […]
How to Hire a CFO
It’s true that these days there are some small businesses that are doing just fine with just the help of an in-house bookkeeper or even a controller. Others still DIY it. However, eventually, most business owners come to the realization that a CFO just might be necessary. Sure, bookkeepers, controllers, and accountants can hold an […]
How Much Does a Virtual CFO Cost?
The CFO position in any company can be one requiring a true professional in the field due to its many complexities. The truth is, however, the many management functions that a CFO provides could be a must-have for many a business and the way that it effectively functions in the business world. The problem is […]
