Sat Nov 28, 2020 | Alan Lefkowitz | Business, Financial Controller Services
Could your Chief Financial Officer (CFO) use a helping hand? For CFOs in growing companies, finding time to oversee strategic planning and manage the day-to-day financials can be a significant challenge. And as transactions increase in volume and complexity, managing the day-to-day duties of accounting and finance, while maximizing growth and performance can get overwhelming in a hurry, even for the best of us.
Read More Sat Nov 28, 2020 | Alan Lefkowitz | Business, Cash Management, CFO Services, Virtual Accounting Services
These days, business owners, managers, and investors are seeking any way possible to reduce overhead and make every dollar count. And as businesses look for ways to curb unnecessary spending, many are now turning to virtual CFO services as a money-saving alternative to in-house financial leadership.
Read More Sat Nov 28, 2020 | Alan Lefkowitz | Bookkeeping Services, Business, Virtual Accounting Services
Virtual bookkeeper services are a popular and cost-effective strategy for managing your business’s accounting. Here’s how to get started and hire the right service.
Read More Tue Nov 3, 2020 | Alan Lefkowitz | Business, Cash Management, Construction, Financial Controller Services
Construction companies typically juggle many complex jobs at once, often with a diverse mix of vendors and stakeholders. This makes managing your financials and tracking profits and costs an ongoing challenge. Fortunately, there is a tool that helps with managing and tracking the progress of your jobs. “The WIP,” which is the work in process schedule (sometimes called the work in progress or the contracts in process schedule), helps contractors determine their profitability by job while tracking and forecasting their job costs.
Read More Sat Oct 10, 2020 | Alan Lefkowitz | Business, Cash Management, Financial Reporting
If you own or invest in a business, you know that companies produce financial reports at least once a year. But do you know what they’re telling you? Different types of reports exist that can tell you different things. However, the overall objective of financial reporting is to provide information about the finances of a company while complying with regulations.
Read More Sat Oct 10, 2020 | Alan Lefkowitz | Business, CFO Services, Financial Reporting
If you have a small business, you might think you don’t need to hire a CFO. After all, a chief financial officer is a high-paying position only needed in big corporations making over 100 million dollars, right?
Read More Sat Oct 10, 2020 | Alan Lefkowitz | Business, Cash Management
Many business owners receive a monthly or quarterly balance sheet, but do not frequently analyze it or know what to look for. Many owners do not understand why the balance sheet is important. Sometimes companies pay someone to prepare a balance sheet and it’s another item that just sits in their inbox.
Read More Tue Sep 22, 2020 | Alan Lefkowitz | Business, Cash Management, CFO Services, Financial Controller Services, Financial Reporting
No matter how brilliant an entrepreneur or business owner might be when running their business, without a good plan to maintain their company’s financial well-being, it will be difficult for their business to thrive. Regardless of industry or sector, we hear many of the same pain points that keep owners awake at night. The most successful businesses, just like people, form habits that lead to their ultimate success. Here are the top 5 action steps successful companies implement for financial success and prevent financial pitfalls.
Read More Wed Aug 26, 2020 | Alan Lefkowitz | Business, Cash Management, CFO Services
Although the pandemic is not over yet, and many businesses are still shut down or only operating at a limited capacity, it’s important to start planning now for getting your business back up and running in new and changing environments. Here are 3 tips to help get your business back on the road to recovery.
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