Thu Jun 30, 2022 | Alan Lefkowitz | CFO Services
When you started your business, you may have handled all the financial aspects yourself. But when your business grows, you may need to hire qualified professionals to make up your finance team. Naturally, most small businesses start by hiring a bookkeeper. But a bookkeeper alone cannot handle all the different financial responsibilities. So you may also want to hire a CFO or a controller. But which role should you prioritize?
Read More Tue Jun 28, 2022 | Alan Lefkowitz | CFO Services
Many businesses don’t have a Chief Financial Officer (CFO) because they don’t think they need one. CFOs have many benefits. Startups can grow faster if they have someone who can handle the financial side of their business. CFOs can be pivotal to strategic decision-making that will help startups prepare for the future. By leveraging CFO services, businesses can gain insights, optimize financial strategies, and make informed decisions that drive growth and sustainability.
Read More Wed Jun 15, 2022 | Alan Lefkowitz | CFO Services
Many companies believe that the essential functions that a chief financial officer (CFO) performs include tracking cash flow throughout a company, ensuring accurate financial reporting, deciding the best way to distribute cash among various departments within the company, and participating in financial planning and forecasting. All of these contribute to the company’s performance. Are you ready to work with a CFO?
Read More Wed Jun 8, 2022 | Alan Lefkowitz | Financial Reporting
Few things in the business world are as complex as planning and budgeting. It involves stakeholders, vendors, employees, technology, infrastructure, and many other aspects that can often cause immense stress. When considering the financial models of your business goals, you must rise to the challenge. Budgeting and forecasting lay the foundation for an organization’s fiscal health. Neglect them, and it will be a gloomy forecast indeed.
Read More Wed Jun 1, 2022 | Alan Lefkowitz | CFO Services
Many small business owners may want to hire a full-time Chief Financial Officer (CFO) to handle the financial aspect of your company, but that may not be the best solution. A part-time CFO may be the best option for your business. As a small business, you may not have the budget to afford a full-time CFO, and you may not have the volume of work to keep someone busy on a full-time basis. A part-time hire may save your company a lot of money while also maintaining its financial records in pristine. This article will give you more details, and the benefits of a part-time CFO.
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