Thu Jun 30, 2022 | | CFO Services

Should You Hire a CFO or Controller for Your Small Business


CFO

When you started out 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 want to consider hiring a CFO or controller as well. But which role should you prioritize?

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Tue Jun 28, 2022 | | CFO Services

The Benefits of Getting a Chief Financial Officer Today


Chief Financial Officer

Many businesses still don’t have a Chief Financial Officer (CFO) because they don’t think they need one. The truth is that 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.

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Wed Jun 15, 2022 | | CFO Services

5 Reasons Why You Might Need to Work With an CFO Service


CFO Service

Many companies believe that the most important functions that a chief financial officer (CFO) perform 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.

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Wed Jun 8, 2022 | | Financial Reporting

Best Practices for Effective Budgeting and Forecasting


finance

Few things in the business world are as complex as planning and budgeting. It involves stakeholders, vendors, employees, technology, infrastructure—as well as 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.

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Wed Jun 1, 2022 | | CFO Services

The Benefits a Part-Time CFO Can Offer Your Small Business


cfo

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 keeping its financial records in pristine. In this article, we will give you more details about why hiring a part-time CFO is a great idea.

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