Working capital is defined as current assets minus current liabilities. For example, if a company has current assets of $90,000 and its current liabilities are $80,000, the company has working capital of $10,000. Regardless of a company’s size or industry sector, working capital is an important me…Read More
You may be wondering whose job it is to make sense of all the financial data in your small business. It usually isn’t a bookkeeper or accountants job who is mostly responsible for ensuring bookkeeping is accurate and financial records are completed on time. The role of a part-time or contract CFO,…Read More
Outsourced accounting services can be a great resource to improve your financial systems and boost your business results. There’s no doubt that your company will benefit from experienced advice and guidance to help with cash flow and profit evaluation. But, how do you know which outsourced account…Read More
A business valuation is a general process of determining the economic value of a whole business or company unit. The first thing to keep in mind regarding the valuation of a business is that there are many different methodologies for valuation. Some methods may weigh income more heavily as a factor,…Read More
As businesses expand and become more dynamic, the need for a senior-level financial expert such as a part-time CFO becomes critical. Companies are faced with more complex financial decisions and can benefit from a part-time CFO’s expertise to help them navigate the path to achieving their strategi…Read More
Every small business owner has to make tough decisions with uncertain outcomes. That is the nature of being an entrepreneur, and it is as true today as it was thirty years ago. However, present-day decision making might be a little more difficult than it was in the past for a number of reasons, and …Read More
Small business owners often get by with various members of the organization completing your financial and accounting tasks. As your small business grows, there will come a time when owners need to address the issue of when to hire a company financial controller. While bookkeepers and accounting mana…Read More
The accounting profession has gone through some major changes, and now more firms than ever are competing with each other. Small businesses and startups have many affordable options when it comes to ordinary services such as tax preparation and assistance, bookkeeping services, and management consul…Read More
Your business has been rapidly growing and it is now time to consider hiring additional figures in upper management. Perhaps your company is experiencing challenges such as an important project or unfamiliar financial terrain. If you run a startup or a small- to mid-size company, you probably can’…Read More
Small to mid-size companies gain big company insight with CFO expertise. Whether an organization is going through a growth spurt or growing pains, a part-time CFO can help develop strategic financial support for a variety of organizations. As a small business owner, you know what it’s like to perf…Read More
