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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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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Wed Jul 28, 2021 | | Business, CFO Services

How Big Does My Company Need to Be to Contract CFO Services?


contract cfo services

Accounting is one of the most important aspects of running a business. For many businesses, working with a part-time bookkeeper is enough to stay on top of their financial situation, gather insights from financial reports, and make changes to optimize profits.

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Thu Jul 8, 2021 | | Accounting, Business, CFO Services

Interim CFO Services: Proactive Business Choices


interim cfo services

A Chief Financial Officer (CFO) plays a pivotal role at companies of all sizes. From blue-chip organizations to start-ups, CFOs regulate cash flow, financial planning, and performance. This chief role combines strategy with daily management. A CFO usually works as the top controller, creating financial systems that can impact an organization’s future.

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Wed May 26, 2021 | | Accounting, Business, Small Business

Why Is A Monthly Bank Reconciliation Important?


monthly bank reconciliation

Conducting a bank reconciliation each month helps you understand your company’s cash flow, protect against overdraft fees, and guard against fraud. The bank reconciliation process is a vital part of the checks and balances (no pun intended).  The best practice is to ensure that no individual has control over all financial transactions for a business.

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Mon Mar 15, 2021 | | Business, CFO Services, PPP

Take Advantage Of COVID Relief Options For Your Business


covid relief options

The COVID-19 pandemic forced many organizations to close quickly and lose revenue for an extended period of time, putting their ability to stay in business at risk. Many businesses did not have enough cash reserves to sustain the shutdown and unfortunately went out of business. Currently, we are helping businesses during these challenging times with two government lending programs, the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) as COVID relief options. 

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Mon Feb 8, 2021 | | Business, CFO Services, Field Examinations

Everything You Need to Know About Field Examination Services


field examination services

Lending institutions in the United States know there are inherent risks involved with providing loans to businesses. Borrowers also have to demonstrate that they are reliable enough for the institution to lend them money.  They must demonstrate that they can supply collateral to a lender. Collateral is any asset or property that a consumer promises to a lender as backup in exchange for a loan. This can sometimes be hard to demonstrate due to challenges, such as changing accounts receivable balances and inventory valuation, or valuation of the company’s products or services.

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Sat Dec 26, 2020 | | Bookkeeping Services, Business, Cash Management, Financial Controller Services

Tips for Successful Cash Flow Forecasting


cash flow forecasting

In the U.S., the survival rate for small businesses is bleak, with 20% going under in the first year and 50% failing after five years. These businesses shut down for various reasons, including lack of customers for the product or service or having difficulty hiring the right people. But insufficient cash flow is frequently the reason for these closures.

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Sat Dec 26, 2020 | | Business, CFO Services

How Can CFO Consulting Help My Business?


cfo consulting

Are you getting a new startup off the ground? Are you a CEO looking to grow your company? Do you have financial projects in the works that require more than your small, hard-working team can handle? If so, you may want to consider hiring an outsourced CFO for consulting services.

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