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 essential to start planning now to get your business back up and running in new and changing environments. Here are 3 tips to help your business back on the road to recovery.
Read MoreThu Aug 6, 2020 | Alan Lefkowitz | Contingency Planning
What would happen to your business if a key person quit or was out of the office for an extended time? Would your company be able to receive cash from customers and deposit them in the bank? Would you be able to prepare critical financial reports for your bank? How do vendors get paid if the check signor cannot sign the checks? Do you have a second check signer?
Read MoreSat Jun 6, 2020 | Alan Lefkowitz | Cash Management
When it comes to business, cash flow is king. The money you have at your disposal at any given time, without the burden of debt, is frequently what makes the difference between success and failure. Here are 10 cash management strategies that you probably didn’t even know existed:
Read MoreWed May 6, 2020 | Alan Lefkowitz | CFO Services, Financial Controller Services
Chief Financial Officer (CFO) Chief Financial Officer (CFO) is a strategic partner to the CEO and Senior Management, charged with financial responsibility for the whole company. Key CFO Responsibilities: Total fiscal oversight Financial analysis and forecasting Cash flow forecasting Strategic planning Risk Management, including insurance coverage Develops tax strategies Manages relationships with banks and auditors Develops company performance measures Capital management
Read MoreTue Apr 14, 2020 | Alan Lefkowitz | Financial Reporting
As I’m meeting different business owners, there is a difference between the businesses that are thriving and the businesses that are struggling. The common theme in struggling businesses is that they are not receiving monthly financial reporting.
Read MoreMon Apr 6, 2020 | Alan Lefkowitz | CFO Services
No matter what size, your company can benefit from the services of a Chief Financial Officer (CFO). A CFO helps your firm organize its finances, and track performance. His (or her) job is different from that of an accountant who often only concerns himself (or herself) with the taxes, and sometimes the payroll.
Read MoreWed Mar 18, 2020 | Alan Lefkowitz | Bookkeeping Services
Bookkeeping is not a priority for many small businesses. Few business owners get thrilled at the idea of sitting in front of a computer and processing. However, ensuring that your business complies with the latest IRS rules is a tedious, full-time job.
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