Sat Dec 26, 2020 | Alan Lefkowitz | Business, CFO Services

How Can CFO Consulting Help My Business?

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.

Sat Nov 28, 2020 | Alan Lefkowitz | Business, Financial Controller Services

What to Know About 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.

Sat Nov 28, 2020 | Alan Lefkowitz | Business, Cash Management, CFO Services, Virtual Accounting Services

Virtual CFO Services: What They Are and How Can They Help Your Small Business

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.

Sat Nov 28, 2020 | Alan Lefkowitz | Bookkeeping Services, Business, Virtual Accounting Services

Three Questions to Ask When Hiring Virtual Bookkeeper 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.

Tue Nov 3, 2020 | Alan Lefkowitz | Business, Cash Management, Construction, Financial Controller Services

The Work in Process Schedule: Your Construction Company Needs to Use One

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.

Sat Oct 10, 2020 | Alan Lefkowitz | Business, Cash Management, Financial Reporting

What Is the Objective of 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.

Sat Oct 10, 2020 | Alan Lefkowitz | Business, CFO Services, Financial Reporting

Why and How to Hire a CFO

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?

Sat Oct 10, 2020 | Alan Lefkowitz | Business, Cash Management

What You Should Know About Your Balance Sheet?

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.

Tue Sep 22, 2020 | Alan Lefkowitz | Business, Cash Management, CFO Services, Financial Controller Services, Financial Reporting

5 Tips to Avoid the Most Common Financial Pitfalls for Business Owners

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.

Wed Sep 16, 2020 | Alan Lefkowitz | Bookkeeping Services, CFO Services, Virtual Accounting Services

What is Virtual Accounting?

Most companies invest significantly in bookkeeping and accounting within their operation. Keeping correct records is critical to making wise business decisions and knowing where your company is at any given point. Yet, hiring and maintaining an accountant within your business is costly and may not always be the best choice. Virtual accounting or virtual CFO services can be a great option for many organizations.

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