Sat Dec 26, 2020 | Alan Lefkowitz | Business, CFO Services
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 CFO consulting services.
Read MoreSat 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, handling the daily duties of accounting and finance while maximizing growth and performance can get overwhelming in a hurry, even for the best of us.
Read MoreSat 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 MoreSat 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 company.
Read MoreTue 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 monitoring 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 MoreSat 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 other things. However, the overall objective of financial reporting is to provide information about the finances of a company while complying with regulations.
Read MoreSat 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 essential. Sometimes companies pay someone to prepare a balance sheet, and it’s another item that just sits in their inbox.
Read MoreTue 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. Like people, the most successful businesses form habits that lead to their ultimate success. Here are the top five action steps successful companies implement to achieve financial success and prevent financial pitfalls.
Read MoreWed Sep 16, 2020 | Alan Lefkowitz | Bookkeeping Services, CFO Services, Virtual Accounting Services
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 and CFO services can be an excellent option for many organizations.
Read MoreWed Sep 16, 2020 | Alan Lefkowitz | Bookkeeping Services, CFO Services, Financial Controller Services, Virtual Accounting Services
The value of investing in virtual business accounting changes from one organization to the next. In nearly all situations, companies can benefit from making the switch to this more advanced, more hands-on form of accounting and financial management. If your company hired a bookkeeper or is managing the books independently, it may be beneficial to make the switch. The benefits that come from professional services like this are outstanding.
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