Mon May 16, 2022 | | Financial Reporting

4 Financial Analytic Myths That Businesses Believe


financial analytics on a laptop

Data analytics, the ability to get data from your business and make sense of it, can be daunting for businesses of all sizes. Getting started with data analytics for your business can be challenging if you don’t understand some common misconceptions about how best to use it. That’s why we’ve looked through four common myths surrounding financial data and insights, along with some advice on how to get started.

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Wed May 4, 2022 | | CFO Services

5 Helpful Benefits of Having a CFO Service for Any Company


CFO Service

It’s no secret that all companies have a complex financial structure. This financial structure is different for every company, but it’s the backbone of the operation. However, this also means that it must be appropriately managed, or else a company can end up in dire straits financially.  

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Fri Apr 29, 2022 | | Accounting

The Most Common Financial Issues Small Businesses Face


finance

Running a small business entails encountering financial challenges that must be addressed at some point. Often, these challenges are common and easy to overcome. However, some of these challenges are more difficult to handle. A few of the most common financial issues small businesses face are as follows:  

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Fri Apr 29, 2022 | | CFO Services

8 Common Responsibilities You Can Expect Out Of Your CFO


cfo

What’s the CFO’s (Chief Financial Officer) role in any organization? While it might generally lean towards the financial side of things, their exact role can differ depending on various factors. These factors can spawn from various things, such as the expectations of the board of directors or even from the CEO, or they can also lie in the business’ goals.  

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Mon Apr 18, 2022 | | CFO Services

Why Hire a CFO for Your Business?


cfo

A lot of organizations choose to implement a chief financial officer to aid in crucial financial decision-making, cash flow management, and strategic planning. The CFO has shifted from being strictly a cash flow manager to a higher level of accountability for how that cash is allocated. Basically, the role of a CFO has evolved quite a lot and is even seen as a necessary function in every company today, even small businesses. Let’s look at what a CFO does in a nutshell and why they’re important to any organization.  

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Mon Feb 21, 2022 | | Accounting, Business, Virtual Accounting Services

Four Reasons Why You Should Outsource Your Business Accounting Services


business accounting services

If you own a small business, finding the right company to handle your business accounting services should be a major concern. Keep in mind that tax season is not the only time you need to track your finances.

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Mon Feb 21, 2022 | | CFO Services, Law Firm Accounting

Six Reasons Why CFOs Matter for Law Firm Accounting Services


Law Firm Accounting Services

Finding the right accounting services for your law firm is critical in today’s legal arena. Law firms are still dealing with the fallout from COVID-19 and as a result, financial management is a challenge. Many lawyers are finding they have less and less time to spend on bookkeeping tasks, even though a law office is a business and must make a profit to survive.

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Wed Dec 1, 2021 | | CFO Services, Financial Controller Services

CFO vs Controller: What’s the Difference?


cfo vs controller

Growing businesses may need more than just a bookkeeper or a team of entry level accountants that process the day to day transactions . For companies that are looking to reach financial milestones, or to take the business to the next level, it may be time to consider hiring a chief financial officer (CFO) or a controller.

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Fri Nov 12, 2021 | | Accounting, Business, CFO Services

What Is a Fractional CFO?


fractional cfo

If your company needs top-level financial skills, try hiring a fractional CFO. This expert can increase the financial health of your small business or growing business. They also can save you money because you will not have to pay them a full-time salary, bonuses, and benefits.

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Sun Oct 10, 2021 | | Business, Cannabis, Small Business

How To Create A Cannabis Business Plan?


cannabis business plan

Experts believe that marijuana sales will total $160 billion in annual revenue in the United States by 2025. Even from 2020 to 2021, sales increased by 30%, putting the industry on a significant upward trajectory.  With figures like this, it’s only natural to wonder whether you have the knowledge and ability to build a successful cannabis company. However, in such a saturated market, having a cannabis business plan might mean the difference between a successful company and one that fails to stand out.

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